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Daiwa Securities unit partners with Australian VC to launch Sakura Fund, targeting $143 million for AI, quantum, and food tech startups
Daiwa Corporate Investment, a subsidiary of Japan's Daiwa Securities Group, is teaming up with an Australian venture capital firm to establish the Sakura Fund. The fund aims to raise $143 million this year and will focus on investing in leading Australian companies in fields such as quantum technology, artificial intelligence, and food tech, including firms like Q-CTRL which develops GPS-free navigation systems.
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