#Japan #Tokyo #Startup #Fund III #DGDV

DGDV Completes Final Close of Fund III

DG Daiwa Ventures (DGDV), a prominent venture capital firm based in Tokyo, has officially announced the completion of the final close for its "DGDV Fund III E.L.P. Cayman" with an impressive capital exceeding 10 billion yen. This fund is aimed at supporting seed and early-stage startups both in Japan and internationally. In conjunction with this milestone, DGDV has also unveiled a new corporate logo that embodies its commitment to contributing to the startup ecosystem as a Japan-origin global venture capital.

New Logo Significance

The new logo serves to honor the adventurous spirit of all "first penguins" in the startup world, representing those who bravely take the plunge. The design draws inspiration from the traditional Japanese art of origami, reflecting strength and beauty, and symbolizes DGDV’s intention to bridge the gap between Japanese startups and global markets. This change in branding marks a pivotal moment in DGDV's evolution as it prepares to play an even more integral role in supporting startups and large corporations alike.

About DGDV

Founded in 2016, DGDV has positioned itself at the forefront of venture capital in Japan, primarily focusing on seed and early-stage investments. Through collaborations in co-investments and event partnerships, it has built strong connections with leading investors in North America and other regions. The firm actively seeks to nurture cutting-edge technologies in various fields, expanding its investment strategies to include areas such as AI, security software, deep tech, climate tech, and robotics, without geographical limitations.

Fund III Overview

As for Fund III, the investment partners comprise financial institutions and corporate entities, contributing to the fund's ambitious goal. Below are key details regarding this new venture fund:

• - Fund Name: DGDV Fund III E.L.P. Cayman
• - General Partner (GP): DG Daiwa Ventures
• - Limited Partners (LP): Various domestic and international financial institutions and corporations
• - Fund Size: Exceeding 10 billion yen
• - Investment Stage: Focus on seed and early stages
• - Management Duration: 10 years (with extensions possible)
• - Website: DGDV Website

This final close is a significant achievement for DGDV, showcasing its ability to attract substantial investment and reaffirming its dedication to fostering innovation within the startup community. As DGDV ventures forward with its newly designed logo and Fund III, it is poised to enhance the startup ecosystem, supporting a new generation of entrepreneurs in their quest for success on a global scale.