TOKYO -- Investment in startups by major Japanese enterprises nearly doubled in 2018 as businesses turned to outside technologies and ideas to fuel growth in a fast-changing environment.
Corporate venture capital investment totaled 133.8 billion yen ($1.23 billion) for the year through Dec. 26, up 91% from the full-year record set in 2017, according to data compiled by mergers and acquisitions advisory firm Recof.
