Zeon Corporation approves $4.6m commitment

The Japanese chemicals company has backed a domestic healthcare fund.

Institution: Zeon Corporation
Headquarters: Tokyo, Japan
AUM: ¥440.56bn
Bitesize: $1-5m

Zeon Corporation has agreed to commit ¥500 million ($4.64 million; €4.27 million) to MPI-2 Investment Limited Partnership. The venture capital fund is managed by MedVenture Partners and focuses on the healthcare sector with Asia-Pacific.

As illustrated below, this is the first commitment that Zeon Corporation has made to a venture capital / growth equity fund.

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