Singapore-based venture co-creation company Origgin Ventures has launched officially Origgin Ventures Japan (Origgin Japan), a USD 30 million fund committed to catalysing deep-tech commercialisation and bridging stronger innovation linkages between Southeast Asia and Japan.
The joint-venture fund, managed alongside Interuniversity Ventures, will target Japanese spin-offs, especially those arising out of university R&D.
"Fukuoka is quickly becoming Japan's gateway to innovation. By opening Origgin Japan here, we are establishing a bridge between Japan's R&D capabilities and the Southeast Asian market that is growing with incredible speed," stated Origgin Japan CEO Takuya Inoue.
Key Highlight:
Origgin Japan is set to bridge Japan's early-stage capitalization and execution gap for deep-tech startups using Origgin's established Venture Co-Creation (VCC) model. The model uses the discovery of high-potential technologies, building committed venture teams, and facilitating growth through active business development and cross-border market entry.
To celebrate its launch, Origgin inked two Memoranda of Understanding (MOUs) with top Japanese partners, aimed at enhancing cooperation among local research institutions and corporates.
The company is also collaborating with GxPartners, an innovation platform based in Japan, to accelerate corporate venture co-creation through proof-of-concept projects, pilot testing, and commercialization of internal technologies.
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"Japan has top-class research skills, but there is a gap in the creation of early-stage ventures. We look forward to collaborating with researchers and corporates to build the next generation of global-scale deep-tech startups." Inoue said.
City authorities have also responded positively to the decision. Reiji Matsuura, Investment Promotion Department Director at the Fukuoka City Government, noted, "Fukuoka is establishing itself as a global startup and innovation hub, and initiatives such as Origgin Japan confirm our vision of international cooperation."
Through its move to Japan, Origgin Ventures is in a position to become a catalytic force for driving cutting-edge research into worldwide-scalable deep-tech ventures.
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