Abies Ventures Completes New Fundraising
Abies Ventures, headquartered in Minato Ward, Tokyo, has announced the successful completion of its second fund, the "Abies Ventures Fund II", reaching a total amount of 80 billion yen. This fund has attracted investments from a diverse group of contributors, including government-affiliated funds, Fortune 500 companies, national university investment corporations, and family offices based in both domestic and international markets.
Background and Purpose of the Fund
Since its establishment in July 2018 with its first fund, Abies Ventures has consistently supported deep tech startups that are involved in critical areas such as environment, energy, new materials, robotics, space, and advanced information technology. As global environments shift due to demographic changes, climate change, and transformations in industrial structure, there is a pressing need for solutions that leverage scientific and engineering expertise. Abies Ventures believes that addressing social issues through the creation of new ventures is vital for Japan to assert its international presence in these important fields.
With this in mind, the firm has engaged with entrepreneurs possessing technical superiority, providing ongoing support from business conceptualization and organizational development to business growth, fundraising, and international expansion. Throughout this process, the firm has continuously validated its initial investment hypotheses through public listings, significant capital fundraising, and broadening connections with industry players.
Focus Areas of the Fund
The newly established fund aims to build on previous endeavors, directing its investments towards seed and early-stage startups within Japan. Unlike typical venture capital funds, Abies Ventures intends to limit the number of investments to focus on providing intensive human and networking resources to each portfolio company. This will ensure comprehensive support from inception through growth.
Future Plans
Looking ahead, Abies Ventures remains committed to nurturing entrepreneurs who seek to create sustainable industries through the practical implementation of scientific and engineering technologies. The fund has already been executing investments in promising deep tech startups since its inception in August 2024. As it sets its sights on the global market, Abies Ventures continues to welcome opportunities to connect with entrepreneurs striving to tackle social issues through deep technological prowess. Interested parties are encouraged to reach out directly for further discussions.
Company Profile
- - Company Name: Abies Ventures Inc.
- - Location: 2-7-26 Kita-Aoyama, Minato-ku, Tokyo 107-0061
- - Founders: Managing Partners Fuyuki Yamaguchi and Sota Nagano
- - Established: 2017
- - Business Overview: Creation and management of venture capital funds, as well as investment and support for startups in the deep tech sector.
- - Website: Abies Ventures
Contact Information
For inquiries related to this announcement, please contact:
Fuyuki Yamaguchi or Sota Nagano
Email:
[email protected]