Aozora Corporate Investment Launches ¥15 Billion Venture Debt Fund, Reaching ¥52 Billion in Cumulative Support for Startup Growth

Overview of Funding

On August 7, 2026, Aozora Corporate Investment Co., Ltd. announced the establishment of the "Aozora HYBRID No. 4 Investment Limited Partnership," a venture debt fund dedicated to startups. The fund has a total commitment of ¥15 billion.

About Aozora Corporate Investment

Aozora Corporate Investment Co., Ltd. is an investment firm that supports startups through venture debt and equity financing. By providing capital tailored to various growth stages and offering business expansion support, the firm helps enhance corporate value over the medium to long term. With the addition of this latest fund, the cumulative total of the "HYBRID" fund series under management has reached ¥52 billion.

Background and Future Outlook

This new fund serves as the successor to the "Aozora HYBRID No. 3 Investment Limited Partnership," which was established in July 2023. As investment deployment for the third fund nears completion, this new vehicle aims to meet the robust and ongoing demand for venture debt (such as convertible bonds and bonds with stock acquisition rights) within the startup ecosystem. Looking ahead, the firm intends to continue providing financial services tailored to specific growth stages, further contributing to the development of the broader startup ecosystem.