Z Venture Capital (ZVC), the corporate venture capital arm of Line Yahoo Corp, has launched ZVC Fund II with a total size of 30 billion yen (around US$190.8 million).

The fund will focus on high-growth industries, including LY Corporation’s core sectors of media, commerce, fintech, and AI, along with emerging deeptech fields such as space technology and robotics.

It plans to invest in startups at various stages, from seed funding to late-stage development.

The fund will leverage the company’s bases in Japan, South Korea, and the United States to support ventures in significant markets.