On January 17th 2018, UTEC had announced its fourth flagship venture fund UTEC 4. With our ¥ 15.5 billion (approx.) new capital pool, UTEC will continue to act as a mainstay for new startups founded on the basis of profound scientific research and technology. This fund has quickly expanded in size, to ¥24.25 billion (approx.) on April 30th.
The new fund will continue to run in sync with UTEC's core philosophy of “pioneering the frontiers to solve global issues of humankind, by bringing capital, talent and knowledge, around science and technology.” We have already invested in 8 startups in Japan and overseas from UTEC 4.
We sincerely express our gratitude to all of our supporters who have helped us so far in establishing "UTEC 4 Limited Partnership". We also hope that you continue to support us in our future endeavors.
Overview of UTEC Fund 4 Limited Partnership:
Name: UTEC 4 Limited Partnership
Basis: Limited Partnership Act for Investment (Act No. 90 of 1998)
Unlimited responsible partner: The University of Tokyo Edge Capital (UTEC)
UTEC Partners Limited Liability Partnership (established by UTEC Investment Professionals)
First deadline and establishment: January 17, 2018
Fund size: ¥ 24.480 billion
LPs: 13 institutional investors
New investment period: until January 16, 2023
Duration: Until December 31, 2027 (subject to extension)