Kyoto University Innovation Capital Corporation ("Kyoto iCAP") (Head Office: Sakyo-ku, Kyoto; Representative Director: Kimi Kusumi) has signed a Memorandum of Understanding (MOU) with BioLabs Global, a leading U.S. startup support company headquartered in Massachusetts, USA. (Headquartered in Massachusetts, U.S.A.), a leading U.S. startup support company.

　BioLabs operates incubation facilities with shared experimental facilities for startups in the life science field, and currently operates in more than 16 locations in the United States, France, Germany, and other countries. BioLabs has supported more than 500 startups to date, with total funding of approximately 1 trillion yen, and is highly regarded in the life science industry.

　The MOU is a basic agreement between the Kyoto University Group, including the Kyoto University Growth Strategy Headquarters and Kyoto iCAP, and BioLabs to jointly establish BioLabs Japan, Inc, BioLabs Japan will provide acceleration programs and incubation facilities in Japan. The Kyoto University Group believes that by supporting the operation of BioLabs Japan, it can contribute to the strengthening of the startup ecosystem.

About Kyoto University Innovation Capital Co., Ltd. (Kyoto-iCAP)
　As a wholly-owned subsidiary of Kyoto University, Kyoto iCAP provides investment and other business support to companies that utilize research results generated by Kyoto University and other national universities. The Company currently has two investment funds: the Innovation Kyoto 2016 Investment Limited Partnership ("KYOTO-iCAP No. 1 Fund") (established in January 2016) with a total value of 16 billion yen, and the Innovation Kyoto 2021 Investment Limited Partnership ("KYOTO-iCAP No. 2 Fund") with a total value of 18.1 billion yen. -The KYOTO-iCAP No. 1 Fund has a maturity of up to 20 years, and the KYOTO-iCAP No. 2 Fund has a maturity of up to 17 years. The KYOTO-iCAP1 Fund has a maturity of up to 20 years, and the KYOTO-iCAP2 Fund has a maturity of up to 17 years.

Contact information for inquiries
Kyoto University Innovation Capital Co., Ltd.
36-1, Yoshida Honmachi, Sakyo-ku, Kyoto 606-8317, Japan
Osami Kono, Senior Officer, Business Development Department
E-mail: info@kyoto-icap.co.jp
TEL: 075-753-7588