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“DNX Ventures” Japan and a US-based VC firm have announced final deals for two new businesses. Japan Raised funds, totaling approx. 36.5 billion yen (we $243 million). The total amount collected is Japan-Focused funds including Japan Seed Fund are approximately 39.5 billion yen (we $263) have the ability to invest in seed to late stage B2B startups Japan.
San Mateo, California, March 21, 2024 /PRNewswire/ — DNX Ventures (Japan representative: Akira Kurabayashi), a Silicon Valley-based venture capital firm, and TokyoWe would like to inform you of the final deadline. $122 million 4th Japan Fund and $55 million For Japan Annex Fund III, for subsequent investment only. In total, with Japan Seed Fund, which completed fundraising two years ago, Japan-Focused funds are approx. 36.5 billion yen (~US$263 million). This extension is Japan The fund family enables DNX Ventures to support startups from start-up to late-stage. Focus on nurturing start-ups. Japanmay include venture companies selected from a wider range of businesses. Asia region.
DNX Ventures has announced a new family of funds to invest in Japanese startups. Further information regarding the fund family for US startups will be announced at a later date.Photo: DNX Japan Team
In addition, DNX plans to separately solicit and announce a series of new funds for investments in the United States and other regions.
Our investors and investment regions
We would like to express our sincere gratitude to all the investors who have placed their unwavering trust in DNX, including domestic and foreign institutional investors, financial institutions, existing supporters, and new supporters. . In particular, we have attracted significant investments from international investors based outside our country. Japanincludes notable companies such as Morgan Stanley Investment Management Private Equity Solutions and Atinum Investments. Our commitment is to generate superior financial returns for our investors by investing in great founders who pursue high growth and have a positive impact on society.
peter mccormick Appointed as new advisor of DNX Ventures
In addition to the launch of the new DNX Fund IV, we are pleased to announce: peter mccormick As our newest addition to our advisory team*, we aim to enhance the growth of our portfolio companies. Peter is famous for co-founding his Exact Target in 2000. Over the past 14 years, he has held numerous roles including corporate development, global operations, partner development, services, product management, and marketing. Exact Target debuted on his NYSE in 2012 and was subsequently acquired by Salesforce. 2.5 billion dollars In 2013, he founded Salesforce Marketing Cloud, the global leader in marketing automation.
Peter brings a wealth of experience and an extensive network in the B2B SaaS space. His expertise will help guide founders and management teams within the DNX Ventures portfolio and drive them toward achieving their strategic goals.
* Mr. McCormick is joined by five additional advisors, each an expert in SaaS and/or technology from domestic and international sectors.
About us
DNX is a venture capital fund with offices in Silicon Valley. Tokyo has been investing in B2B startups since 2011, primarily in the Japanese and US markets. To date, our company has primarily invested in over 190 startups. Japan We led 23 companies to exit through a total of 8 funds. $750 million Under management including 5 main funds and an annex/seed fund. Among B2B startups, the main investment areas are cloud SaaS, fintech, deeptech, and sustainability, all of which are in their early stages.
https://www.dnx.vc/jpfund-ja/top
SOURCE DNX Ventures
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