Second Fund (500 million yen) October 2018
Period: 7 years (maximum 2 years extension)
The Chairman of the Fund's Investment Committee and the principal investment officer (Key-man) are in charge of Dr. Satoshi Tomita, president of CVC JAPAN.
The CVC Fund is a promising startup in Japan and overseas with attractive business ideas as an innovative advanced technology and profit model to set up a new business to be the third business of TOYO Kanetsu Corporation listed on TSE 1st Section Etc., and collaborate with investment startups, etc. to realize business construction, and is a corporate venture capital fund. It is founded by two companies, Toyo Kanetsu and CVC JAPAN.
In July 1st, 2019, Toyo Kanetsu Co., Ltd. invested additional approximately $3 million in the fund. As a result, the total present amount of the fund is approximately $8 million.
TKCV2 as a corporate venture capital fund basically intends to invest in the following 3 types of start-ups
Start-ups which can provide technological seeds or business seeds to develop new business for the TKK Group
・Start-ups in different business domains from the existing two business domains (Logistics systems and large storage tanks) are acceptable. Rather, we welcome start-ups different from the existing two businesses
・Foreign start-ups that can provide exclusive development rights in Japan (also looking into settlement of a joint venture after investment)
・Start-ups which create and operate interesting and unique business models are welcome, even in cases of non-high technology ones
Start-ups that provide a synergistic and strategic effect to expand the existing businesses of the TKK Group (Logistics, Storage Tanks, Construction)
・ Start-ups that can make business alliances to expand the existing businesses
・Start-ups that can supplement and proceed the existing businesses
・AI, IoT, and Robotics are still the primary interest of our investment activities although TKCV1 has already invested in those fields
Start-ups that provide financial return only are also acceptable. (For one portion in the entire portfolio of the fund)