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Japanese home shopping company Japanet is expanding its venture capital fund.
Japanet is increasing its venture fund with Pegasus Tech Ventures from $50 million to $200 million.
KEY POINTS
- The fund's early bets include SpaceX, OpenAI, Anthropic, and xAI, showing notable success.
- Future investment focus areas are generative AI, robotics, and space technology, with active Japanese and Asian corporate LPs.
- Pegasus now manages about 40 funds with $2 billion in assets and 290 startup investments.
COMPANIES
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