Tokyo – May 31, 2023 – NTT Corporation(“NTT”)has established various funds over the years to promote business expansion and the creation of new services for both the NTT Group and the venture companies which funds have invested in, including the "NTT Investment Partners Fund, L.P." (fund size: 15 billion yen) in March 2008, "NTT Investment Partners Fund II, L.P." (fund size: 10 billion yen) in January 2014, and the "NTT Investment Partners Fund III, L.P." (fund size: 20 billion yen) in July 2018 to support investee venture companies. To continue promoting stronger ties with venture companies, we have announced our plans to establish the "NTT Investment Partners Fund IV, L.P. (NIP Fund IV)".
|(1) Name:||NTT Investment Partners Fund IV, L.P.|
|(2) Fund size:||20 billion yen(Investors: NTT, NTT Finance, NTT DOCOMO Ventures)|
|(3) Month of establishment:||April 2023|
|(4) Period:||12 years|
|(5) Fund manager:||NTT DOCOMO Ventures, Inc.|
The information contained in this announcement is accurate as of its date of release.
Please be aware that current information may differ to that contained in this announcement.
Thank you for your understanding.