SBI Investment Co., Ltd., a subsidiary of SBI Holdings, Inc., which manages and exploits business capital funds, announced today the successful completion of the concentration of funds for the “SBI Digital Space Fund”, with total capital commitments.
In March 2023, the SBI group founded SBI Pe Holdings, Co., Ltd. as a portfolio intermediate to oversee private businesses. PE Investment Business, one of the five main business departments of the SBI Group, aims to extend its assets under management to 1 trillion JPY. To support this goal, SBI Investment has created active new funds. With the launch of this last fund, SBI Investment’s total cumulative commitments have now reached 841.4 billion JPY.
The SBI Digital Interval Fund is mainly investing in a wide range of future development sectors, including digital space such as Web3 and Metaverse, as well as areas where SBI has already made significant investments, including AI and Big Data, semiconductor, fintech, robotics. It also aims at the media areas with strong intellectual property.
In addition to repetitive investors, such as Sumitomo Mitsui Banking Corporation, Dai-Echi Life Insurance Company, Mizuho Bank, Ltd., Norinchukin Bank, Bank of Fukuoka, Ltd., Nippon Life Insurance Company, Mandom Corporation and Takara Holdings Inc.
The SBI Group uses its proprietary ecosystem, developed through partnerships with SBI Securities Co., Ltd. And SBI Shinsei Bank, Limited, a fund investor, to support the long -term creation and development of unicorns companies. Through these efforts, the SBI group seeks to help revitalize the starting ecosystem and the development of new industries.