Japan’s biggest business daily The Nikkei is reporting today that CyberAgent plans to step up their venture capital investment activities in Asia.
Back in December last year, CyberAgent said it partnered up with DeNA and venture capital firm Japan Asia Investment (China) to invest a total of $12 million in social gaming startups in Asia.
Under this new initiative, CyberAgent China will open an office in Taipei in June. According to The Nikkei, CyberAgent plans to invest a total of $120 million in startups operating in various fields in China and Taiwan by year-end.
Update:
Link to CyberAgent’s official press release.
