The e-commerce and B2B financial services firm has provided $920,000 for Infinity Ventures’ early-stage vehicle, representing roughly a tenth of its capital.
Japan-based e-commerce group Raccoon Holdings has invested ¥100m ($920,000) in LaunchPad Fund, a seed-stage vehicle operated by venture capital firm Infinity Ventures. Infinity Ventures has been holding LaunchPad pitch events twice a year at its Infinity Ventures Summit since 2007 in a bid to identify and back early-stage entrepreneurs. The firm has increased their frequency…
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