KYOTO -- Kyoto University is combining venture capital with that from a peer in the Chinese city of Guangzhou to help startups from the university do business in China and other Asian markets.
This marks the first time that venture capital from a Japanese national university using public money is partnering with overseas capital. The venture between the wholly owned Kyoto University Innovation Capital, or Kyoto iCAP, and Infinite Capital Holding is expected to reach an agreement as early as Friday.