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September 14th, 2023

RTHD Singapore Establishes its first Deep Tech-focused VC Fund bridging Asia and Europe in Singapore

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RTHD Singapore Pte. Ltd. (a 100% subsidiary of Real Tech Holdings Co., Ltd., hereinafter referred to as “Real Tech Singapore”) is pleased to announce that it has obtained a Venture Capital Fund Management License (VCFM License) from the Monetary Authority of Singapore (MAS). In light of this achievement, Real Tech Singapore has established its first deep tech-focused venture capital fund, investing in both Southeast Asia and Europe to connect the two markets.

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The Journey of RealTech’s Global Activities

Established in May 2020, Real Tech Global Fund has thus far invested in over ten deep tech startups based in Southeast Asia, building business collaboration opportunities with Japanese corporates where Real Tech initially started. As part of its collaboration with local government agencies, Real Tech has garnered recognition and joint investment opportunities from government-backed funds in Singapore and the Philippines, strengthening its presence throughout Southeast Asia. On February 16, 2022, Real Tech Singapore was established, and with local executives taking the helm, it has accelerated its efforts to explore new investment opportunities and support towards its existing portfolio.

Setting Up a Base in Singapore to build a Global Deep Tech Investment Platform

Singapore, being a prominent financial hub in Asia, maintains stringent criteria for licensing venture capital firms. Real Tech Singapore obtaining the VCFM License follows rigorous scrutiny by MAS, which has attested to its expertise and operational capabilities. Furthermore, the newly established fund will operate as a Variable Capital Company (VCC), which is structured to have various benefits such as favorable tax treatment and simplified administrative procedures, thus enabling effective long-term fund management.

Establishing “Eurasian Fund 1”, bridging Asia and Europe as one

In light of obtaining this license, Real Tech Singapore announces the establishment of the “Eurasian Fund 1.” This fund will expand its investment portfolio to include European deep tech startups in addition to its continued support for Southeast Asian deep tech startups.

The ASEAN countries account for 8.6% of the world’s population and face various challenges due to population growth. For instance, during the COVID-19 pandemic, food security became a critical issue as many nations relied on food imports from abroad. Jakarta, Indonesia experienced issues such as overpopulation, air pollution, and rapid land subsidence due to excessive groundwater extraction, resulting in the decision to relocate the capital to Kalimantan Island. In addressing these challenges and advancing the concept of smart cities, the role and necessity of deep tech have grown significantly.

Eurasian Fund 1 will be established to contribute to solving the substantial challenges in the vast Southeast Asian market by investing in deep tech startups in Southeast Asia and Europe. It will focus on areas such as environment, energy, infrastructure, mobility, and sustainability, fostering active collaboration with Japanese companies and providing support for their growth.

Comment from Mr. Murayama, Managing Director of Real Tech Singapore

At Real Tech, we recognized the potential of Southeast Asia and began our activities five years ago, with investments starting three years ago. What started as a hypothesis has now turned into a conviction, leading us to establish a presence and new fund in Singapore. This allows us to earnestly tackle Southeast Asia’s challenges. Real Tech Singapore is committed to addressing a wide range of challenges in Southeast Asia, hiring talent from diverse backgrounds to cater to the region’s diverse cultures and industries. We will expand our sourcing efforts to reach Europe and further promote solutions to Southeast Asia’s challenges through deep tech. By connecting leading startups from around the world with the corporates who have driven growth in each industry, we will advance co-creation between the two and solve deep issues in Southeast Asia.

About Real Tech Singapore

  • Company Name: RTHD Singapore Pte Ltd
  • Incorporated: February 2022
  • Directors: Rui Murayama Christian, Akitaka Wilhelm Fujii,Yukihiro Maru, Daiki Kumamoto
  • Business: Investment and development of research-based startups

About Real Tech Holdings

Real Tech Holdings Co., Ltd. is committed to addressing societal challenges through the investment and nurturing of deep tech startups with innovative technologies (Real Tech). Our venture capital fund, “Real Tech Fund,” was established by Akihiko Nagata, CEO of Euglena Co., Ltd., who has a proven track record of successfully guiding deep tech startups, and Yukihiro Maru, CEO of Leave a Nest Co., Ltd., who possesses extensive experience in supporting deep tech startups from their early stages. We work closely with governments, companies, and municipalities both domestically and internationally, providing hands-on support to enhance the value of deep tech startups. With over 20 billion JPY in managed assets, Real Tech Fund has invested in over 90 startups in Japan and globally. In 2021, it established the first impact investment fund in Japan focused on the deep tech sector.Website: https://www.realtech.holdings

Contact Information

Real Tech Holdings, Inc.z
Public Relations: Narita
https://www.realtech.holdings/contact

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