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ASICS Ventures Takes Stake in Dreamers Fund

Release Date: 23 Oct 2019
ASICS Ventures Takes Stake in Dreamers Fund

ASICS Corporation (ASICS) announces that its investment subsidiary ASICS Ventures Corporation (ASICS Ventures) took an equity stake in Dreamers Fund which invests primarily in early stage startups in the US, and ASICS Ventures will be a limited partner in the fund.

Though ASICS Ventures which was established in 2016, ASICS has invested in 10 startups so far both in Japan and overseas to promote the development of new businesses. ASICS has also held accelerator programs for startups in Europe and Japan and has focused on building networks with promising startups.

By investing in Dreamers Fund, ASICS will be able to learn more about innovative trends of products, technologies, and services. Partnering with Dreamers Fund will allow ASICS to discover startups in the US, especially on the West Coast, where many promising startups are concentrated. ASICS aims for further continued growth by investing in such startups and through business partnerships.

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