Japan-based venture capital firm Nextblue has raised about ¥1.5bn ($13.7m) for its debut fund, from limited partners including local department store retailer Marui Group, system integrator Q’sfix and rewards platform Giftee.
The figure represents the first close of the fund, which has a ¥3bn target for its close. It will make seed-stage investments in companies focusing on the future of work, health and lifestyle, in Japan and Europe.
Nextblue was formed by Yuichi Kori, founder of Reality Accelerator, with Kanako Inoue and Vincent Tan (based in Germany), who both have experience at consulting firm Boston Consulting Group and VC firm D4V.
