University of Tokyo’s Utec has extended its foray into Indian VC investments by starting an accelerator in partnership with local venture fund Blume Ventures.
University of Tokyo Edge Capital (Utec), the institution’s VC arm, has joined forces with venture fund Blume Ventures to launch an India-focused accelerator and seed fund targeting deep science and technology applications, Your Story reported yesterday.
The program, Blume Utec Deep-Tech Accelerator (Budha), commenced operations earlier in 2019. It provides both investment and mentoring to India-based deep science and tech startups, offering connections to the academic sector as well as corporates from both India and Japan.
Budha will…
