Fenox Venture Capital is excited to announce the launch of a new fund with CAC Holdings, a group known for its IT services for enterprise customers as well as the construction and operation of information systems and the providing of outsourcing services. This new private venture fund will invest in promising startups worldwide, found through Fenox Venture Capital’s network of partners and offices throughout Silicon Valley, tech hubs in the United States, and across Japan, Korea, and Southeast Asia. This new $20 million USD fund will provide CAC Holdings with an insider perspective on the world’s newest and most exciting technologies to bring back to the Japanese market. Fenox Venture Capital will also provide CAC Holdings with a stepping-stone to further business development with startups in markets across the United States, Japan, Korea, and Southeast Asia.
The current fund aims to discover promising companies developing new technologies in IT, robotics, and software, which will help CAC Holdings with innovation and global expansion. The targeted sectors are expected to be high growth areas and will help CAC Holdings to maintain its dominance and expand its growth in the IT, information systems, and outsourcing industries.