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§ Venture Capital · Tokyo, Tokyo, Japan
PNB-INSPiRE Ethical Fund 1 is an investment partnership offering strategic capital to Japanese small and medium-sized enterprises. It supports these companies in international expansion, facilitating new venture development and market entry. The fund targets innovative businesses with strong growth potential in high-demand regions, fostering their scaling.
Established in 2014, the fund emerged from Inspire Corp and PNB Inspire Partners' collaboration. This partnership identified significant untapped global potential within Japanese SMEs. A key insight was creating Japan's first Sharia-compliant investment framework, ethically aligning with emerging international market values to enable cross-border growth.
PNB-INSPiRE primarily invests in Japanese SMEs poised for international scaling. Its mission is to facilitate successful overseas expansion for portfolio companies, particularly into ASEAN and Islamic consumer markets. The fund envisions Japanese innovation thriving within diverse, ethically-minded global economies, ensuring market penetration.
PNB-INSPiRE Ethical Fund 1 Investment Business Limited Liability Partnership has 1 tracked investment across 1 company. The latest tracked deal is $5.8M Series B in TheLorry in April 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 2, 2019 | TheLorry | $5.8M Series B | Firstfloor Capital | Axiata Digital Innovation Fund, Cradle Seed Ventures |