corporate venture capital
Mumbai-based Aerem Solutions has secured $15 million in a Pre-Series B round led by the SMBC Asia Rising Fund. While the deal size may appear modest against the backdrop of global infrastructure finance, its strategic implications are profound, marking the intersection of Japanese institutional capital’s search for yield and
corporate venture capital
Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) has made its first-ever investment through its new corporate venture capital (CVC) fund. The fund, named the "SMBC Fin Atlas Beyond Fund" and launched in collaboration with Fin Capital, has participated in the recent $58 million funding round for WitnessAI,
corporate venture capital
Payment infrastructure startup Mylapay has secured $1 million in a fresh capital injection, fortifying its balance sheet ahead of a planned Series A fundraise. The bridge round saw follow-on commitments from existing investors CDM Capital and Credit Saison, while Pratekk Agarwaal’s GrowthCap Ventures joined the cap table as a
corporate venture capital
Digital Securities has successfully completed the third closing of its Series A funding round, raising a total of 300 million yen. This latest injection of capital brings the Tokyo-based FinTech firm’s total cumulative fundraising to 1.5 billion yen since its establishment. The round was backed by a strategic
venture capital
SBI Holdings has taken the role of lead investor in the Series A funding round for Saladin Consulting and Technology, a technology startup based in Vietnam. This investment was executed through the SBI-NTU-Kyobo Digital Innovation Fund, a Singapore-based fund managed by the SBI Group. The funding round also attracted participation
corporate venture capital
Interchange, a financial infrastructure company, has completed two significant operational milestones: a $17 million seed funding round, and the receipt of comprehensive regulatory approvals for its wholly-owned subsidiary, Interchange Clearing LLC. The dual announcement positions Interchange as a formidable new entrant in the securities clearing space, a sector historically dominated
biometrics
NEC Orchestrating Future Fund, an ecosystem-based corporate venture capital (CVC) fund, has invested in PopID, a U.S.-based provider of face authentication payment services. The investment strengthens NEC’s position in next-generation digital transactions by combining its world-leading biometric authentication technology with PopID’s rapidly growing payment platform. Together,
venture capital
In order to further revitalize the startup ecosystem, it is important for each entity involved in funding startups to share a common understanding of the direction the ecosystem should aim for, further strengthen funding for startups, support their growth, and ensure that the benefits are reaped by each entity involved.
electricity
EnerBank, an energy tech company in the fields of renewable energy and decarbonization, has conducted a third-party allotment of new shares in its Series B round, with SMBC Venture Capital, Mizuho Capital, Mitsubishi UFJ Capital, and The Dai-ichi Life Insurance Company as new underwriters. This brings the total amount of
venture capital
Pruv Finance has completed its USD 3m Pre-Series A round, led by UOB Venture Management, with participation from Saison Capital, Taisu Ventures, Spiral Ventures, and Royal Group. This funding accelerates Pruv Finance's mission to build the first compliant RWA infrastructure that enables seamless, on-chain distribution of tokenized assets.
real estate
estie, which provides multiple services centered on "estie Market Research," Japan's largest commercial real estate data analysis platform, has concluded financing agreements totaling 2.2 billion yen with four financial institutions: Shoko Chukin Bank, MUFG Bank, Resona Bank, and Japan Finance Corporation. This includes long-term loans
corporate venture capital
ZIRITZ, which operates the asset management platform "StockFormer" and the AI-powered automatic apartment planning service "StockFormer-ZERO," has completed Series A funding totaling 700 million yen. In this round, Nissay Capital and Daiwa Corporate Investment served as lead investors, with participation from a total of 7 venture