360ip Japan Fund 1 LLP Launched

TOKYO, Oct. 4, 2017 /PRNewswire/ -- 360ip Japan, KK ("360ip Japan") today announced the launch of 360ip Japan Fund 1 LLP (the "Fund") to spur the commercialization of seed technologies developed in academic institutes and corporations in Japan. The Fund completed its initial closing with commitments of 1.0 billion yen, welcoming investors Shinsei Bank and UTokyo Innovation Platform (UTokyo IPC Tokyo, Japan), a strategic investment arm of the University of Tokyo.

360ip Japan provides academic institutes and corporates with technology commercialization and investment management expertise across a variety of industries. The fund aims to invest mainly in seed-stage start-ups or spin-offs with cutting-edge technologies developed in universities, research institutes, and corporations in Japan.

In an effort to accelerate the transformation of seed technologies into high-tech start-ups, Accelerator for Commercialization of Advanced Technology ("ACAT"), an affiliate of 360ip Japan, will hold an acceleration program for researchers with seed technologies and for entrepreneurs with ambition to run global technology start-ups.

Asashi Fujimori, CEO of 360ip Japan, said, "There are a significant number of innovative and disruptive technology seeds in Japan. Leveraging 360ip's globally proven experience and knowledge in technology commercialization and investment, we will create attractive innovation assets and deliver global impact via these Japanese technologies."

About 360ip Japan

360ip Japan was established in 2012 and provides advisory services for technology/intellectual property commercialization, business strategy development and investment.  360ip Japan has also served as a technology commercialization promoter, a certified venture capital firm and an advisor in technology assessment for several government-sponsored programs.

360ip Japan is a subsidiary of 360ip Pte. Ltd. ("360ip") (www.360ip.com), a global technology commercialization, investment and fund management company, headquartered in Singapore, with teams based throughout Asia and North America. 360ip was jointly established by its management, Innovation Valley Partners/Battelle Ventures, venture capital firms affiliated with Battelle, and Battelle Memorial Institute ("Battelle"), the world's largest nonprofit R&D and commercialization organization (www.battelle.org)

Contact Information

360ip Japan

Yusuke Oku

Investment Manager

+81-3-5537-6029

[email protected]

SOURCE 360ip Japan