Tokyu Fudosan Holdings

Tokyu Fudosan Holdings is a Japanese holding company for a comprehensive real estate group with business segments in Urban Development, Strategic Investment, Property Management, and Real Estate. The firm actively engages in venture capital investing through its corporate venture capital (CVC) arm, which was initiated in 2017 with the "TFHD Open Innovation Program". It operates dedicated CVC funds, including the 5 billion JPY "TSVF1" and the 50 billion JPY "TSVF2", which invest in startups from early to later stages. Investment areas are synergistic with its core businesses, focusing on digital transformation (DX), environmental technology, and urban development. The company also acts as a Limited Partner (LP), having invested in external venture capital funds like Agya Ventures Fund L.P.