Each amount of investment is very small like several hundreds of million yen and the total amount of fund is also small as 51.5 million yen. The second fund (62 million yen) is announced to be set up to continue the investment activity. It says to invest 10 startups within this March.
TechCrunch Japan 1/31/2011
- Seed accelerators, investing small amount and incubating at very early stage, are increasing.
- Other incubators are mostly established by successful Internet companies such as GMO, CyberAgent and Digital Garage.