Samurai Incubate Establishes Samurai Fund 4 / Cnet Japan

Samurai Incubate has founded three venture funds since 2009, in which a smartphone ads, Nobot, and application virtualization technology, Synclogue have been incubated.

The amount of Samurai Fund 4 is 220 million yen. The duration is 8 years and 6 months. In addition to ShinGinko Tokyo, Tokyo Metropolitan Government owned bank, Fuji Startup Ventures, Bit-isle and others invest in the fund. ...

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Cnet Japan 4/1/2013 [jp]

memo

• Samurai Incubate usually invests around 5 million yen in seed stage startups. So, it says it will invest in about 40 startups from the fund. There are several seed stage focused VCs including accelerators, however, in terms of number of portfolio, Samurai Incubate would be the largest one in Japan.