TOKYO, Mar 09 (Pulse News Wire) – GMO Internet Group,inc. (9449.T) resolved today to establish the GMO Fintech Fund 8 investment limited partnership, led by its subsidiary GMO VenturePartners.
The fund aims to invest in startups focusing on the fusion of artificial intelligence and fintech. With an initial capital commitment of ¥64 billion, the fund plans to raise up to ¥100 billion by December 2027. The company's own contribution will amount to ¥20 billion, representing more than 1% of its capital stock. The fund’s formation leverages GMO Internet Group,inc.’s extensive experience in venture investments and its global network. It seeks to support startup growth while enhancing future business platforms for investors and the group.
Established since September 2005, GMO VenturePartners has invested in over 200 companies, with 20 going public by December 2025. Scheduled to be finalized on April 1, 2026, the fund will focus on international fintech and AI-related startups. Other contributors include GMO Payment Gateway Co., Ltd., GMO Financial Holdings Co., Ltd., and additional unnamed entities. In the coming months, the fund aims to finalize its structure and begin operations, with expectations of minimal impact on the group's fiscal year ending December 2026. Any significant developments will be disclosed promptly.
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