UMI Ventures is seeking to establish a Japan-Korea deep-tech fund and has entered into a memorandum of understanding with Shinhan Investment & Securities. The company is expected to advance the development of an investment platform primarily targeting startups in the materials and chemicals industries.
UMI Ventures has entered into a memorandum of understanding with Shinhan Investment & Securities to establish a Japan-Korea deep-tech fund.
The initiative is intended to build a funding platform targeting deep-tech companies in Japan and South Korea and to promote venture investment in both countries.
UMI Ventures operates as a venture capital firm specializing in the materials and chemicals industries and has indicated that its investments will focus primarily on startups in these sectors.