Japan’s oldest VC firm eyes 200% gain as unicorns proliferate


Keisuke Miyoshi

TOKYO: Japan’s oldest venture capital (VC) firm is closing in on a target to triple the value of its investment, a sign of resurgence in the country’s startup ecosystem.

Jafco Group Co expects its newest SV7 fund’s total value to surpass paid-in capital by 2.5 times, as more portfolio companies go abroad, fetching higher valuations.

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