Tokyo – April 7, 2025 –TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) has decided to make an additional investment as a limited partner (LP) in TGVP Fund I, LP (Fund I), which is managed by TGVP (Legal name: Toppan Global Venture Partners, Inc.), a TOPPAN Holdings subsidiary.
In the additional closing for Fund I, the participation of Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services (JICT) was confirmed, bringing the total size of the fund to approximately US$52 million as of the end of March this year.
Background and Aims of Fund I
TOPPAN Holdings has invested in or formed alliances with more than 60 promising startups in and outside Japan since 2016. The company is advancing its business in collaboration with such startups to achieve its medium-term plan, which sets out a vision of becoming a leading provider of solutions to social issues worldwide through digital transformation (DX) and sustainable transformation (SX).
TGVP launched Fund I in June 2022 to accelerate business development centered on investment outside Japan. TGVP’s base of operations in Silicon Valley has been strengthened by a team that brings together partners with more than 20 years of investment experience and experts in various fields from TOPPAN Holdings. With a focus on North America, the company has advanced investment and business development prioritizing the areas of DX and SX by working with innovative startups with the technologies to develop new eco-friendly services and products.
The participation of a new LP investor will help to further accelerate the TOPPAN Group’s business development and portfolio transformation.
・Ministry of Internal Affairs and Communications press release: Approval of JICT’s Decision on Support Business
・JICT press release: JICT Decides to Support Overseas Development of Japanese and Foreign-affiliated ICT Startups through LP Investment
About the TOPPAN Group
Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.
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