Gobi Partners, an Asian-focused VC firm, has teamed up with Cross Capital, based in Tokyo, to boost Japanese investments in Southeast Asia’s startup sector.

The joint effort aims to promote cross-border innovation and provide startups with greater access to resources and networks in the region.

Cross Capital operates a Fund of Funds (FoF) that could expose Japanese companies to a portfolio of about 1,800 startups worldwide.

The initiative seeks to enhance the market entry and growth prospects of Southeast Asian startups, aligning with Gobi Partners’ ongoing strategy to strengthen connections between Northeastern and ASEAN markets.