MUFG launches $136m fund to invest in AI-focused startups

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In 50 Words: MUFG launches $136m fund to invest in AI-focused startups

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In 50 Words: MUFG launches $136m fund to invest in AI-focused startups

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Mitsubishi UFJ Financial Group and its subsidiary Mitsubishi UFJ Innovation Partners (MUIP) have established a US$136 million fund to invest in startups that use generative AI and other new technologies. Prior to the new investment vehicle, MUIP has backed over 40 startups across three funds.

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