Tokyo-based digital media outlet Wired.jp reported on Wednesday that eight successful entrepreneurs from Japan have joined forces and launched a new startup-focused investment fund called Tokyo Founders Fund.
The founding members represent an impressive lineup of the Japanese startup community:
- Yusuke Asakura (former CEO of Mixi, visiting scholar at Stanford University)
- Nobuhiro Ariyasu (Coach United CEO)
- Kiyo Kobayashi (Chanoma CEO)
- Yusuke Sato (Freakout COO)
- Yo Shibata (former Spotlight CEO)
- Kensuke Furukawa (Nanapi CEO)
- Ayataro Nakagawa (Peroli CEO)
- Taichi Murakami (Livesense CEO)
Inspired by San Francisco-based Founders Fund started in 2005 by the Paypal founders, Kobayashi decided that Japan also needed a similar startup investment founders fund while building a network with local investors and entrepreneurs in the San Francisco Bay Area where he is based. According to Kobayshi’s recent post on Facebook, the fund will offer a small amount of investment to pre-seed and seed stage startups around the world.
Details of the fund’s activities have not been decided, but the eight-person team will discuss this in a closed Facebook group while looking to give their invested entrepreneurs functions as a knowledge sharing platform around launching businesses and a hub for connecting them with each others.
Edited by Kurt Hanson