Jixun Foo, Senior Managing Partner at Granite Asia
Granite Asia, a multi-asset tech investment platform based in Singpore, and Integral Corporation, Japan’s publicly listed private equity firm specialising in buyouts, have announced the formation of Granite-Integral.
This joint venture (JV) aims to invest in high-growth companies with strong ties to Japan, supporting technology scale-ups looking to expand into the Japanese market and Japanese companies seeking opportunities for international growth.
Granite-Integral launched with an initial committed capital of US$100 million, with both partners contributing equally. It aims to be a key facilitator of cross-border technology growth between Japan and the rest of the world.
Also Read: Vertex Ventures Japan launches with US$67M fund to propel Japanese startups globally
Integral Corporation will participate in the JV through its technology growth investment arm, Integral GlobalTech Partners Corporation. The JV will combine Granite Asia’s extensive insights and connectivity within the global technology ecosystem with Integral Corporation’s renowned operational value creation capabilities and robust access to the Japanese market.
The core strategy of Granite-Integral revolves around fostering deeper integration between Japan and global markets, facilitating two-way expansion and cross-border growth opportunities.
Japan’s accelerating digital transformation presents a significant opportunity for global technology, automation, and enterprise software companies. However, navigating the country’s regulatory, cultural, and business complexities poses a considerable challenge.
Conversely, as Japanese enterprises seek growth beyond their domestic market, particularly in Southeast Asia and other high-growth regions, they require capital, strategic partnerships, and access to global innovation ecosystems to scale effectively.
“With over two decades of experience investing in technology globally, Granite Asia has consistently identified and nurtured transformative opportunities,” said Jixun Foo, Senior Managing Partner at Granite Asia. “Our partnership with Integral Corporation through Granite-Integral allows us to leverage Japan’s stable and mature market, enhancing the resilience and diversification of our multi-asset investment platform.”
Integral brings to the JV its proven expertise in mid-market private equity, a strong Japanese network, deep insights into the Japanese market, and a renowned capability in operational value creation.
This includes enhancing portfolio company performance through operational improvements, strategic guidance, and value enhancement initiatives honed over years of successful private equity investing in Japan.
“Japan is widely recognised as an attractive yet challenging market for foreign companies due to its unique cultural and regulatory landscape,” said Reijiro Yamamoto, founding Partner and Representative Director of Integral Corporation. “Through our partnership with Granite Asia in establishing Granite-Integral, we combine our deep operational expertise and understanding of the Japanese market with Granite Asia’s extensive experience in technology investments across Asia-Pacific. This collaboration provides a strategic platform to navigate market complexities, enabling high-growth companies to successfully enter and thrive in Japan”.
Also Read: AnyMind Group acquires Japanese e-gifting platform AnyReach in strategic expansion
Granite-Integral will be jointly led by CK Choun, Head of Integral GlobalTech Partners Corporation, and Joe Yan, Operating Partner at Granite Asia.
Granite Asia, headquartered in Singapore, has assets under management totalling US$5 billion and invests across the APAC region.
Integral Corporation, founded in 2007, is an independent Japanese private equity company investing in listed and unlisted companies in Japan.
From Mobile Wallets to Instant Payments: The Next Wave of Fintech in Southeast Asia
The post Granite Asia, Integral form US$100M JV to drive Japan-global tech expansion appeared first on e27.