DNX Ventures Closes on $315 Million Fund

ASIA BLOCKCHAIN REVIEW
September 13, 2020

The venture capital firms 3rd fund will focus on investing in early stage B2B startups transforming the way we live and work

DNX Ventures, an early-stage VC firm focusing on B2B startups in the US and Japan, today announced a new $315 million fund.

With this new fund, DNX will continue to invest in early-stage B2B technology companies that are looking for long-term partners and support at every stage of their growth, and build strategic relationships with corporate enterprises.

DNX Ventures will carry on the tradition of investing from its offices in Silicon Valley and Tokyo, Japan, supporting companies in their early stage funding of all sizes from $1M to $5M. The firm will continue investing in its areas of expertise spanning cloud and enterprise software, cybersecurity, frontier tech, fintech, and retail tech.

“We have been fortunate to work with numerous industry-defining startups in Japan and the United States“, said General Partner, Q Motiwala. “Our third fund will continue to provide immense value to startups and ambitious entrepreneurs who are looking to reshape their respective industries. Great entrepreneurs and startups are born during economic downturns and we are grateful to our investors for trusting us once more to partner with, nurture, and grow early-stage companies.”

DNX Ventures has a long track record of helping entrepreneurs lay strong foundations to create enduring early stage startups. DNX has invested and advised more than 150 startups throughout their journey, supporting some of them all the way to M&A and IPO.

DNX Ventures has already invested in several B2B startups in the US and Japan from Fund III. The investments in the US include Banzai, Diligent Robotics, Macrometa, Mitiga and Paystand; and in Japan, investments include Herp, Techtouch, Tutorial, Resily and Adacotech.

DNX is also pleased to announce the relaunch of the corporate website, including a new look at DNX’s investment policy and portfolio company support: https://www.dnx.vc

About DNX Ventures

DNX is a venture capital fund that has been investing in B2B startups in the US and Japan since 2011.

To date, DNX has managed 3 funds with a cumulative total of approximately $567 million which incorporates supplementary annexed funds and has invested in over 100 startups, resulting in 13 M&As/IPOs.

Our unique customer development advantage has enabled over 100 partnerships for our startups.

DNX’s primary investment sectors include cloud and enterprise software, cybersecurity, frontier tech, fintech, and retail tech. The fund has offices in Silicon Valley and Tokyo.

DNX is a member of the Draper Venture Network, a global alliance of  over 30 venture capital firms.

SOURCE DNX Ventures

Follow Asia Blockchain Review on:

    Related Article
    Blockchain Enables Verification of COVID-19 Immunity
    Given the virus is not going to disappear in a hurry and we are some time away from vaccinating the ...

    November 21, 2020

    Illicit Cryptocurrency Activity: A Concern
    Market regulators such as SEC has accepted cryptocurrencies as a financial instrument and are consta...

    November 20, 2020

    IBM Using Blockchain to Help Businesses Reopen during COVID-19
    IBM’s healthcare unit, IBM Watson recently announced that they will soon be launching an app to supp...

    November 20, 2020

    Canadian Pacific Railway Collaborates with TradeLens
    Canadian Pacific Railway recently collaborated with TradeLens in a bid to improve its efficacy as an...

    November 19, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us