Digital Garage and Bank of Yokohama Announce Increase in CVC Fund “Hamagin DG Innovation Fund”

Digital Garage, Inc.
Digital Garage and Bank of Yokohama Announce Increase in CVC Fund “Hamagin DG Innovation Fund”

Digital Garage, Inc., DG Incubation, Inc., and The Bank of Yokohama, Ltd. are pleased to announce an increase in the corporate venture capital fund “Hamagin DG Innovation Fund.”
Digital Garage, Inc. (TSE Prime 4819, Headquarters: Shibuya-ku, Tokyo, Representative Director, President Executive Officer and Group CEO: Kaoru Hayashi, DG), DG Incubation Inc., a subsidiary of DG that develops investment business (DGI) ), Concordia Financial Group’s Bank of Yokohama, Ltd. (Head office: Yokohama City, Kanagawa Prefecture, President: Tatsuya Kataoka, hereinafter: Bank of Yokohama) will increase the corporate venture capital fund “Hamagin DG Innovation Fund”. I will inform you that it has become.
The Hamagin DG Innovation Fund invests in venture companies with technologies and services that contribute to open innovation in finance-related fields and revitalization of regional economies, and provides various information that will lead to the sophistication of financial and non-financial services in the future.・Jointly
established by DG, DGI, and the Bank of Yokohama in February 2021* for the purpose of creating knowledge, technology, and know-how. Since the establishment of the Hamagin DG Innovation Fund, investment has been progressing smoothly, and collaboration with investees is also progressing. We will increase the fund size to 5 billion yen. Under the corporate purpose of “designing a ‘new context’ for a sustainable society and implementing it in society with technology,” the DG Group aims to transform itself into a “solution company” together with the Bank of Yokohama. We will contribute to the acceleration of corporate growth and the development of the local economy.

Image of utilization of this fund

[Image

https://www.garage.co.jp/ja/pr/release/2021/01/20210128/)” (January 2021) 21 days)

Details about this release:
https://prtimes.jp/main/html/rd/p/000000293.000023393.html


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