Japan-based social game maker Gumi has spun off from peer Gree, which retains a stake, and set up a corporate venturing group to invest in Asia.
Gumi Ventures is mainly looking to back 10 to 15 early-stage social game makers from China or Singapore in the next two years, according to news provider Nikkei.
Japan-based bank Shinsei has committed Y300m ($3.7m) to the fund, while Gumi will provide Y50m.
Separately, Japanese social games peer KLab set up its corporate venturing unit, Startup Laboratory, with local financial services provider SBI Investment in September.
News provider Serkan Toto said both partners would own 50% in Startup Laboratory.