UTokyo Innovation Platform Co., Ltd., led by President & CEO Kosuke Ueda and headquartered in Bunkyo-ku, Tokyo, has announced its decision to invest in Abies Ventures Fund II, managed by Abies Ventures, Inc. The investment will be made through UTokyo IPC’s Academic Startup Acceleration (ASA) Fund, part of the Tokyo Metropolitan Government’s “Global Innovation with STARTUPS” initiative.
Supporting Deep-Tech Startups with Global Potential
Abies Ventures launched in 2017. It is an independent venture capital firm. The firm focuses on deep-tech startups. These startups lead in areas like robotics, mobility, AI, and computing. They also work in communications, advanced materials, climate tech, and space technologies. The industry recognizes the firm for its hands-on approach to creating value. It relies on its leadership team, which includes experienced entrepreneurs and investors. They have a strong history of supporting global startups, building unicorns, and managing cross-border IPOs.
Beyond financial investment, Abies Ventures offers strategic management guidance and access to global networks, enabling its portfolio companies to expand internationally, secure cross-border funding, and enter global markets.
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Recognizing Abies Ventures’ strong track record and global execution capabilities, UTokyo IPC views this partnership as well-aligned with its mission to strengthen Japan’s university startup ecosystem, particularly through proactive international growth strategies.
Driving University Innovation Through the ASA Fund
The Academic Startup Acceleration (ASA) Fund launched in February 2024. UTokyo IPC runs it as part of the Tokyo Metropolitan Government’s “Global Innovation with STARTUPS” initiative. The fund focuses on speeding up the commercialization and use of university-based, research-driven innovations. It especially targets those in deep tech.
The ASA Fund uses a “fund-of-funds” model. It invests in venture capital funds that back university-affiliated startups. Its main goal is to tackle key issues in the startup scene. It aims to help create globally competitive unicorns. Also, it wants to encourage teamwork among schools, businesses, government, and global partners. This will boost Japan’s innovation to a world-class level.
