TLDR: Establishment of “Hirogin Innovation Investment Limited Partnership”
Key Points:
- Hiroshima Bank has established the “Hirogin Innovation Investment Limited Partnership” with a JPY 2bn fund size and a ten year term.
- The partnership aims to invest in startups and companies that can bring innovation to the regional economy.
Hiroshima Bank has established the “Hirogin Innovation Investment Limited Partnership” with Hiroshima Venture Capital as its general partner, with a JPY 2bn fund size and a ten-year term. The partnership will focus on investing in startups and other companies that possess technologies and know-how to bring innovation to the regional economy. By collaborating with these investees, Hiroshima Bank aims to generate information, technologies, and know-how that will lead to the provision of sophisticated financial and non-financial solutions in the future.
The fund, established on July 31, 2024, has a total fund size of JPY 2bn and will operate until the end of June 2034. The target investment area includes partner companies that contribute to the expansion of Hiroshima Bank’s business areas.
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Written by Norbert Gehrke
