Z Venture Capital launches second CVC fund with JPY 30bn

Z Venture Capital launches second CVC fund with JPY 30bn

Z Venture Capital (ZVC) has launched a new fund, ZVC Fund II Investment Limited Partnership (ZVC Fund II), with a total size of 30 billion yen. The fund has officially commenced operations on January 1, 2025. ZVC is a subsidiary of LY Corporation.

As one of Japan's largest corporate venture capital firms, ZVC is driven by the vision: "VALUE BEYOND CAPITAL FOR THE FOUNDERS OF THE FUTURE." This reflects its commitment to partnering with entrepreneurs to shape the future, creating synergies with LY Corporation Group while maximizing investment returns.

ZVC Fund II will focus on high-growth areas, including LY Corporation’s core sectors such as Media, Commerce, Fintech, and AI, as well as emerging DeepTech fields like space technology and robotics.

Continuing the approach of its predecessor, ZVC Fund I, the new fund will invest across all stages, from early seed rounds to late-stage growth. It will also strengthen ZVC’s global investment efforts, with a focus on key markets supported by its hubs in Japan, South Korea, and the United States. With ZVC Fund II, Z Venture Capital reinforces its dedication to supporting innovative founders and driving growth in the technology and business sectors worldwide.


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