Striders Global Investment Pte Ltd, a wholly owned subsidiary of Striders Corporation, has launched Omusubi Capital VCC in Singapore together with strategic partners VinaCapital and ACP Asset Management.
Striders Global Investment Pte Ltd (“SGI”), a wholly owned subsidiary of Striders Corporation, a Tokyo Stock Exchange-listed company, has launched a new entity in Singapore, “Omusubi Capital VCC” (“OCV”), together with its strategic partners, VinaCapital and ACP Asset Management.
OCV was established in Singapore as an Umbrella Variable Capital Company with the aim of building a bridge between Japan and Asia, particularly South and Southeast Asia. Striders Group, whose corporate slogan is “Stride with the Challengers,” will serve as a gateway between Japan and Asia and as a platform to discover and invest in untapped growth areas and opportunities.
OCV Structure and Overview
OCV’s fund manager is VinaCapital Pte Ltd (“VCG”), a wholly owned subsidiary of VinaCapital, a Vietnam-focused asset management company that manages a portfolio of approximately US$3.7 billion in assets. As fund manager, VCG will share its fund management expertise with SGI and work together as a strategic partner in Vietnam and the wider Asia region.
- Fund Manager: VinaCapital Pte Ltd
- Sub-Investment Advisor: Striders ACP Asset Management Pty Ltd (Australia)
Board Composition
- Ryotaro Hayakawa, President & CEO of Striders Corporation
- Nelaka Haturusinha, Director of SGI
- Jason Ng, CEO of VinaCapital Pte Ltd
- Sharad Sridharan, CEO of ACP Asset Management
- Leesa Soulodre, Managing General Partner of R3i & Planet43
Omusubi Capital is designed to connect Japan with opportunities across Asia while supporting cross-border expansion for portfolio companies.
1st Fund: Omusubi Venture Fund
- Fund size: US$20 million
- Investment strategy: AI and Deeptech-oriented startups addressing fundamental social issues in Asia, especially Japan, South Asia and Southeast Asia
- Priority sectors: Smart city technology, including climate and water-related solutions, agriculture and healthcare
A high number of potential investment opportunities are sourced through the partner Acceleration Program, Planet43, where participants undergo a 12-week mentoring process covering commercialization strategy, new market expansion, R&D, fundraising and successful exit planning. Investments are made in the strongest companies emerging from each program.
Another key feature is the cross-border market expansion strategy. The fund is structured to support portfolio companies entering new markets, including Japan to Europe or the United States, Europe or the United States to South and Southeast Asia, and Japan to South and Southeast Asia.
Future Investment Strategy for the 2nd Fund
While the first fund focuses on investments in Asian startups, the second fund plans to invest within Japan, which has seen strong demand from foreign investors.
- Real estate properties in the hospitality sector, including residences and hotels in Japan
- M&A opportunities related to business succession in traditional Japanese industries
About Omusubi Capital VCC
Omusubi Capital VCC is an Umbrella Variable Capital Company in Singapore. The name “Omusubi” reflects the idea of connection: “musubi” means connecting or tying together strategic stakeholders to create a better and more sustainable world. The happiness and wellbeing resulting from a sustainable world is represented by food, specifically the rice ball, or omusubi.
The triangular shape of the logo represents the shape of a rice ball, while the inner form references “ume musubi,” or the ume knot.