Digital Garage and Daiwa Securities are the general partners for DG Lab Fund II, which recently achieved a first close on its way to a $188m target.

DG Daiwa Ventures, the venture capital fund formed by internet company Digital Garage and investment bank Daiwa Securities, launched a ¥20bn ($188m) investment fund on Friday. DG Lab Fund II will target companies across the world that are developing next-generation technologies and will work with DG Lab, the fund’s open innovation research and development unit,…

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