Lifetime Ventures has announced that the Development Bank of Japan, Mitsubishi Estate Co., Ltd., Suntory Holdings Limited, Friends of OIST, and individual investors have participated in the latest closing of the OIST-Lifetime Ventures Fund, launched in April 2022 in collaboration with the Okinawa Institute of Science and Technology Graduate University (OIST).
Lifetime Ventures will continue to focus on bringing positive lifetime innovation to society and the environment, including and especially by implementing OIST’s research results, and will leverage Lifetime Ventures’ expertise to invest in deep-tech start-ups with the technical themes of OIST technologies.
Overview of OIST-Lifetime Ventures Fund
The OIST-Lifetime Ventures Fund aims to create deep tech solutions that have a significant impact on society by investing mainly in early-stage startups in OIST and overseas in the fields of Health & AgeTech (the integration of healthcare, medical care, nursing care, and aging with technology), Future of Work (the transformation of work using technology), Cross-border Japan (cross-border business utilizing technology and the internationalization of Japanese society), Sustainable Living (technology that realizes a harmonious life with the earth's environment), and Blue Economy (the development of a new marine industry that protects the health of the sea).
LP: Incubate Fund LP2 LLP, Development Bank of Japan, Mitsubishi Real Estate, Suntory Holdings, Friends of OIST LLP, and individual investors *As of Dec 27, 2022
■About Lifetime Ventures
Lifetime Ventures is a pre-seed/seed-focused venture capital firm based in Yokohama that aims to create businesses that will be loved and continue to exist for a long time. Established in 2017, Lifetime Ventures has invested in 24 startups to date, including UUUO, a B2B platform creating a new distribution and resource management model for the fisheries industry, and Rehab for Japan, a leading age-tech for an elderly-friendly society.
■About the Okinawa Institute of Science and Technology
The Okinawa Institute of Science and Technology (OIST) is a cross-disciplinary graduate school offering a five-year Ph.D. program in science. OIST was founded in 2011 by the Government of Japan to contribute to science and technology worldwide, attract leading researchers from Japan and abroad to conduct high-quality research, advance the development of a world-class research hub, and nucleate a knowledge cluster that will catalyze technology transfer and industrial innovation in Okinawa, Japan.
Other Press Releases
Development Bank of Japan: https://www.dbj.jp/en/upload/dbj_news/docs/7902db72b86b3e405821f13a64cd6292_1.pdf