serkan AT kantan-games.co.jp

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Startup Laboratory: Social Game Maker Klab Enters VC Business [Social Games]

Tokyo-based (and newly listed) social game maker Klab is entering the venture capital business. The company’s newly launched subsidiary Klab Ventures has announced it will establish a VC firm together with major Japanese VC SBI Investment this month.

Both partners will hold a 50% stake in the new entity, which will be called Startup Laboratory. SBI Investment currently has US$1.9 billion under management, while Klab’s market cap stands at US$300 million at the Tokyo Stock Exchange.

Startup Laboratory will be focused on deals with early-stage ventures in Japan and abroad.

Serkan Toto About Serkan Toto
I am the CEO & Founder of Kantan Games, Inc., a Tokyo-based game industry consultancy focused on the Japanese market. Please subscribe to updates on this site via RSS or Email.