GLP-backed Monoful hits first close of Japan-focused fund at $96m

GLP-backed Monoful hits first close of Japan-focused fund at $96m

Yoshiyuki Chosa, president and CEO of GLP Japan

Monoful Venture Partners, a Japan-based venture capital arm of GLP, has secured 12.9 billion yen ($96 million) in capital commitments to mark the first close of its maiden fund – Monoful Venture Partners I, according to a company release.