The newly established Tokai Venture Capital and Incubation unit will focus on the total life concierge concept.

Diversified Japan-based conglomerate Tokai has set up a ¥50m ($460,000) corporate venturing vehicle to invest in local startups. The unit, Tokai Venture Capital and Incubation (TVC&I), will focus on the total life concierge concept, as part of an open innovation strategy for the creation of Tokai’s new businesses. In addition to generating synergies with Tokai’s…

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