Establishment of “Hirogin Innovation Investment Limited Partnership”
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.
Through the CVC Fund, Hiroshima Bank will invest 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 further generate information, technologies, know-how, etc., that will lead to the provision of sophisticated financial and non-financial solutions in the future.
The Hirogin Group will continue to contribute to the realization of a vibrant region and the growth and development of our customers under our purpose: “Together, we create a brighter future.”
Overview of the Fund
- Fund Name: Hirogin Innovation Investment Limited
- Partnership Establishment Date: July 31, 2024
- Total Fund Size: JPY 2bn
- General Partner: Hiroshima Venture Capital
- Limited Partner: Hiroshima Bank
- Duration: Until the end of June, 2034
- Target Investment Area: Partner companies, etc. that contribute to the expansion of Hiroshima Bank’s business areas
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