Pangaea Ventures' expansion into Asia, particularly Japan, signals growing opportunities in the Asian deep tech and hard science startup ecosystem. This aligns with the trend of more corporate venture capital flowing into these sectors globally. The $85 million fund size and participation of multiple Asian corporate LPs demonstrate strong corporate interest in accessing external innovation through VC partnerships, especially in areas like climate tech, sustainability, healthcare, and semiconductors. The focus on "hardtech" (materials science, biology, chemistry) reflects a shift toward capital-intensive innovations that can address major global challenges. This presents both opportunities and risks for corporate investors. Opening an office in Tokyo highlights the importance of having local presence to strengthen relationships with corporate LPs and access deal flow. As a CFO, I'd be considering the operational and financial implications of setting up a new office in a foreign market. This includes compliance with local regulations, currency risk management, and establishing efficient financial reporting systems tailored to the Japanese business environment. source : https://globalventuring.com/corporate/fundraising/pangaea-ventures-85m-fund-v/