Back

Across Ventures launches ¥16 billion fund of funds with SBI Holdings partnership

Across Ventures, founded by former Ripple vice president Emi Yoshikawa, said the new vehicle will invest in more than 20 micro venture capital firms across AI, blockchain, and other sectors.

Fact Check
The claim is strongly supported by two validated sources. The CoinPost article states that Across Ventures, founded by former Ripple VP Emi Yoshikawa, launched a ¥16 billion-scale fund-of-funds with SBI Holdings and plans to invest in more than 20 micro VC funds across AI, blockchain, and other sectors. The more authoritative primary evidence is the Business Wire release mirrored at Las Vegas Sun News, which explicitly says Across Ventures will launch Across Ventures Fund I, L.P., targeting approximately USD 100 million, approximately ¥16 billion, with SBI Holdings intending to participate as anchor LP. It also states the fund aims to invest in more than 20 micro VC funds and lists focus areas including AI / Physical AI and Fintech / Blockchain. Together, these sources substantively match the user’s statement.
    Reference: 12
Summary

No Summary provided as the original text is short

Terms & Concepts
  • Fund of funds: An investment vehicle that allocates capital to multiple funds rather than investing directly into startups or other assets.
  • Micro VC: A small venture capital firm, typically managing relatively limited capital and focusing on early-stage startup investments.
  • Blockchain: A distributed digital ledger that records transactions across a network and is commonly used to support cryptocurrencies and other decentralized applications.