Japan, March 31 -- Sumitomo Corporation announced that Sumisho Venture Partners, Inc. (hereinafter "SVP"), which is responsible for the Group's corporate venture capital (CVC) activities in Japan, has established a new startup investment fund (hereinafter the "Fund"). The Fund will be on the scale of ꔐ billion, including existing investments under management. To date, SVP has pursued CVC activities aimed at achieving both "strategic returns", which generate open innovation within the Sumitomo Corporation Group, and "financial returns", which target capital gains, delivering steady results. Through the establishment of the Fund, SVP will further strengthen its investment capabilities to pursue both types of returns.Background to Fund...