SBI Investment Co., Ltd., a subsidiary of SBI Holdings, Inc., which manages and operates venture capital funds, today announced the successful completion of fundraising for the “SBI Digital Space Fund”, with total capital commitments reaching JPY 100 billion.

In March 2023, the SBI Group established SBI PE Holdings, Co., Ltd. as an intermediate holding company to oversee its private equity business. The PE investment business, one of the SBI Group’s five core business segments, aims to rapidly expand its assets under management to JPY 1 trillion. To support this goal, SBI Investment has been actively establishing new funds. With the launch of this latest fund, SBI Investment’s total cumulative fund commitments have now reached JPY 841.4 billion.

The SBI Digital Space Fund primarily invests in a wide range of future growth sectors, including the digital Space such as Web3 and the metaverse, as well as areas where SBI has already made significant investments, including AI and big data, semiconductors, FinTech, robotics, and healthcare. It also targets media sectors with strong intellectual property.

In addition to recurring investors, such as Sumitomo Mitsui Banking Corporation, The Dai-ichi Life Insurance Company, Limited, Mizuho Bank, Ltd., The Norinchukin Bank, The Bank of Fukuoka, Ltd., and other major Japanese institutional investors, and major business companies such as SoftBank Group Corp., SoftBank Corp., and TOPPAN Holdings Inc., new investors have also contributed, including Nippon Life Insurance Company, Mandom Corporation, and TAKARA HOLDINGS INC.

The SBI Group is utilizing its proprietary ecosystem, developed through collaborations with SBI SECURITIES Co.,Ltd. and SBI Shinsei Bank, Limited, an investor in the Fund, to support the long-term creation and growth of unicorn companies. Through these efforts, the SBI Group seeks to contribute to the revitalization of the startup ecosystem and the development of new industries.