Technology investment firm Granite Asia, formerly known as GGV Capital Asia, and Japan-listed private equity firm Integral Corporation have launched Granite-Integral, a joint venture looking to invest in high-growth companies with a strong Japan nexus.
The new business has an initial committed capital of $100 million, equally contributed by its two partners, according to a statement.
Integral Corporation is investing in the joint venture through its tech growth investment arm, Integral GlobalTech Partners Corporation.
The JV will target companies aiming to enter Japan, by helping them navigate the country’s “regulatory, cultural and business” landscape. It will also look at Japanese companies looking to expand outside their domestic market to regions such as Southeast Asia.
Granite-Integral will be led by CK Choun, Head of Integral GlobalTech Partners Corporation, and Joe Yan, Operating Partner at Granite Asia, as Co-Heads of Granite-Integral.
While Japan’s accelerating digital transformation presents a major opportunity for global technology, automation, and enterprise software companies, market entry requires navigating the country’s regulatory, cultural, and business complexities.
“Japan is widely recognised as an attractive yet challenging market for foreign companies due to its unique cultural and regulatory landscape. This collaboration provides a strategic platform to navigate market complexities, enabling high-growth companies to successfully enter and thrive in Japan,” said Reijiro Yamamoto, founding partner and representative director of Integral Corporation.
In addition, local companies that wish to expand globally, especially to Southeast Asia, need capital, strategic partnerships, and access to global innovation ecosystems.
Granite-Integral is established with an aim to foster deeper integration between Japan and global markets. It marries Integral’s mid-market private equity expertise and robust Japanese network, with Granite Asia’s technology sector expertise and investor network.
