Former Ripple Secures $100M Fund for AI and Blockchain
Former Ripple Secures $100M Fund for AI and Blockchain
Former Ripple VP Emi Yoshikawa has secured a $100 million fund from SBI Holdings, focusing on AI, blockchain, and fintech. This investment aims to bridge the gap between US startups and the Japanese corporate ecosystem.
Strategic Investment in AI and Blockchain
The fund, named Across Ventures Fund I, L.P., will be deployed to micro-VCs specializing in AI, blockchain, and next-generation computing in the US. $100 million will be invested in these sectors, with a focus on physical AI, climate tech, and deep tech.
Key Sectors for Investment
- AI and machine learning
- Blockchain and fintech
- Next-generation computing
- Climate tech and deep tech
Benefits of the Investment
The investment will enable Japanese companies to access cutting-edge technologies and innovative solutions, staying ahead of regional competitors. As Emi Yoshikawa stated, the goal is to build a direct bridge between US startup innovation and the Japanese corporate ecosystem.
Operational Integration
SBI will actively support the investment review process and deal sourcing, leveraging its extensive network within the Asian banking and technology sectors. Across Ventures will serve as a diversified investment vehicle, allowing Japanese corporations to systematically access disruptive technologies.
Market Trends and Opportunities
The micro-VC market is gaining ground against traditional funds due to its agility and technical specialization. By investing in these smaller managers, Across Ventures achieves diversified yet highly technical exposure in niches such as spatial computing and deep tech.
Key Takeaways
- Former Ripple VP Emi Yoshikawa secures $100 million fund from SBI Holdings
- The fund focuses on AI, blockchain, and fintech investments in the US
- The investment aims to bridge the gap between US startups and the Japanese corporate ecosystem
- The micro-VC market offers significant potential returns in pre-seed and seed stages
Frequently Asked Questions
What is the primary focus of the Across Ventures Fund I, L.P.?
The primary focus is on investing in micro-VCs specializing in AI, blockchain, and next-generation computing in the US.
How will the investment benefit Japanese companies?
The investment will enable Japanese companies to access cutting-edge technologies and innovative solutions, staying ahead of regional competitors.
