MPower Partners Launches Second Fund to Support the Emergence of Global Unicorns
MPower announced the launch of MPower Partners Fund II, a global venture capital fund that backs growth state startups in Japan and overseas.
In addition to existing Limited Partners, the Japan Investment Corporation (JIC) has joined as a new investor in Fund II.
- Investment in Growth-Stage Startups
As with Fund I, Fund II will continue to fill the funding gap in Japan’s growth-stage startup market by providing necessary funding to support the creation of more large-scale, unicorn companies. - New Investment Theme
In addition to Fund I’s core theme of “solving societal challenges with technology,” Fund II introduces a new theme: “Japan Dynamism.” Under this banner, MPower will actively invest in startups that bolster Japan’s national resilience and accelerate Japan’s long-term growth potential. - ESG-Integration and Leveraging Diversity
With its diverse investment team, MPower will continue to leverage its unique perspectives and networks to identify promising investment opportunities in Japan and overseas, as well as contribute to greater diversity across the startup ecosystem. The firm will also utilize its proprietary ESG framework to support the long-term, sustainable growth of its portfolio companies.
