Rakuten Ventures launches US$100mil global fund
Corporate VC fund to awareness on early degree investments in Israel, APAC and US Looking at tech startups which can supply monetary returns with strategic relevance > RAKUTEN Ventures has introduced the launch of a US$a hundred-million international funding fund in an effort to target investments in startups and businesses in Israel, Asia Pacific and the US. The worldwide fund builds at the fulfillment of the organisation’s South-East Asia fund, which was at the start launched in 2013 and counts Carousell, ViSenze, Coda Payments and Send Anywhere amongst its investment portfolio, Rakuten Ventures said in a announcement. The larger worldwide fund offers Rakuten Ventures the possibility to empower the startup surroundings beyond Japan and South-East Asia and undoubtedly affect Internet offerings globally, whilst giving the fund more avenues for increase, the business enterprise said. It also helps Rakuten Ventures’ broader purpose of long-term investments with startups th...