Beta Venture Capital No. 4 Fund established, with participation from institutional investors and local companies

Beta Venture Capital No. 4 fund established, with participation from institutional investors and local companies ​
βvc Press release: October 31, 2024 Beta Venture Capital No. 4 Fund established, with participation from institutional investors and local companies ── Striving to diversify employment through startup investment and create a culture where the future is born Beta Venture Capital Co., Ltd., which operates venture capital businesses and entrepreneur support businesses based in Kyushu with the slogan “Let’s go around, good capital,” has launched a new venture fund “Beta 2024 Fund” specializing in the Kyushu region. Established.
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Operated by a full-time backup team of 2 people and 4 venture capitalists ■ Background of the establishment of Fund No. 4 The fund is interested in startup investment Local business company Ya Regional financial institutions , Institutional investors with branches or headquarters in Kyushu This is the fourth fund of Beta Venture Capital (abbreviation: βvc), which was formed with investment from . The first fund created during the nascent stage of the startup ecosystem was supported by local banks and public institutions, and during the expansion stage of the ecosystem, mid-sized and core companies in the region also joined. By receiving them, we have expanded the size of the 2nd and 3rd rings. This time, in addition to the above-mentioned supporters, this fund will be supporting Institutional investors who sympathized with our efforts based on collaboration with locally-based branches With the support of many people, this initiative will take βvc’s “Mirage, Flow, Good Capital” initiative one step further. As a venture capital company with deep roots in the region, we have many years of experience, a sourcing network, and know-how in supporting our investees.We also believe that “regional issues are the future challenges of Japan,” and we are committed to supporting local startups more than ever. We will actively invest in Despite the unpredictable future, we are a fund that believes in and works with entrepreneurs and their businesses who believe that “something here and now is necessary for the future.” About βvc
https://betavc.jp/about/ ■ We also received encouraging comments from LP investors (alphabetical order) Development Bank of Japan
Inc./Kyushu Branch Manager Yuichi Mizuki βvc’s banner, “Local production for local consumption in finance,” is a concept that shares the DBJ Group’s materiality, “Regional revitalization that leverages potential.” I have high hopes that the new fund will contribute to Kyushu’s strengths – a fertile ground for the birth of startups that take on challenges in the region. Sumitomo Mitsui Trust Bank, Limited / Executive Officer, Fukuoka Branch Manager and Fukuoka Tenjin Branch Manager Hirotaka Shiraiwa Our company has launched the “Kyushu Regional Co-Creation Project” to address regional issues and aims to build a regional economic ecosystem. We decided to invest in the Beta 2024 Fund because we sympathize with βvc’s philosophy and initiatives, which aim to build a startup ecosystem throughout Kyushu and form a regional capital circulation through investment in startups. Yamaguchi Bank, Ltd./Manager of Sales Department Takashi Harada I am very happy to have invested in the Beta 2024 Fund created by βvc. βvc is committed to “local production for local consumption in finance,” and has been one of the first companies to use the power of startups to solve regional issues. Our bank also sympathizes with βvc’s philosophy of valuing the local community, and would like to contribute to fostering the local startup ecosystem. ■ Spread to startup ecosystems across Kyushu In addition, in conjunction with the establishment of this fund, “βvc Week” caravan all over Kyushu We have launched a project. Even in areas other than Fukuoka and Miyazaki, where our offices are located, we aim to increase opportunities to have conversations with VCs by collaborating with startup supporters in each region so that we can work with startups from an earlier stage. By having βvc members stay for a few days, we would like to make loose connections and contribute to the startup ecosystem of Kyushu as a whole. It has already been held in Kagoshima City, Miyazaki City, and Kumamoto City, and four other cities have decided to hold it.
https://prcdn.freetls.fastly.net/release_image/79447/6/79447-6-543eeff10fd4550a40e97da776a8d012-1080×1080.png 12/9 – 10 @Kurume Research Park
https://prcdn.freetls.fastly.net/release_image/79447/6/79447-6-d2f143e4b00430c1d9be888d924f808a-1080×1080.png 11/27 @Creation Core Fukuoka
https://prcdn.freetls.fastly.net/release_image/79447/6/79447-6-005e74602c2e1474fa83593d4aabc064-1080×1080.png 11/28 @Fukuoka LSI Center
https://prcdn.freetls.fastly.net/release_image/79447/6/79447-6-188c55b02e8e152915d266a9b33b3aa3-1080×1080.png 11/6 – 7 @Dejima D-FLAG For information on upcoming events, please visit our website Official SNS I would appreciate it if you could follow me. If you are in the area and would like to host an event, please contact us. Follow the official ������ ​ ■ Investment areas and policies β Venture Capital has over 80 startups (70% from Kyushu head office, 20% from Kanto) that take on the challenge of solving various problems, regardless of whether they are B or C or business models, such as small SAR satellites, home visiting pharmacies, medical/nursing care AI, and real estate SaaS. / Other regions (10%). We will continue to make various investments, but the interests of each capitalist are This article Please refer to ▼Main support startups ・AGRIST: Operates harvesting robots and smart farms for social implementation of AI agriculture ・QPS Research Institute: Development and operation of SAR satellites that enable high-frequency earth observation ・find: A BtoB service that uses AI to create a world where lost items can be found ・LiLz: IoT camera and instrument reading AI that makes visual inspection easier ・COTEN: Improving accessibility to humanities and operating the podcast “COTEN RADIO” ▼ Overview of No. 4 Fund Fund name: Beta 2024 Investment Limited Partnership (commonly known as “Beta 2024 Fund”) Establishment date: May 31, 2024 Total fund amount: up to 3 billion yen Duration: 12 years Investment targets: Companies and entrepreneurs who are involved in the Kyushu/Setouchi area and aim to create a “new industry” with high added value Investment amount: Invest around several million yen to 200 million yen according to milestones ▼Main LP investors (in alphabetical order, title omitted) Eiho Co., Ltd. (Hakata Ward, Fukuoka City, Representative Director Yuko Kanemura) LA Holdings Co., Ltd. (Minato-ku, Tokyo, President and Representative Director Eiichi Wakita) QTnet Co., Ltd. (Chuo-ku, Fukuoka City Representative Director Yoshio Ogura) JR West Innovations Co., Ltd. (Kita-ku, Osaka, Representative Director and President Ryo Kawamoto) Independent Administrative Agency, Small and Medium Enterprises and Regional Innovation Agency (Minato-ku, Tokyo, Chairman: Tadashi Miyagawa) Development Bank of Japan, Inc. Kyushu Branch (Chuo-ku, Fukuoka City Kyushu Branch Manager Yuichi Mizuki) Fukuoka Broadcasting Co., Ltd. (Chuo-ku, Fukuoka City, Representative Director and President Kenichi Hirose) Sumitomo Mitsui Trust Bank, Ltd. (Chiyoda-ku, Tokyo, President and Representative Director Kazuya Oyama) Meiji Sangyo Co., Ltd. (Chuo-ku, Fukuoka City, Representative Director and President Yoshitoshi Akinaga) Yamaguchi Bank, Ltd. (Shimonoseki City, Yamaguchi Prefecture, President: Tokumasa Soga)
■ Contact us Consultation regarding financing: https://betavc.jp Inquiries regarding this release: arimura@betavc.jp (to Arimura)