By Investment Business Limited,The Bridge

Copyright thebridge

taliki, a venture capital firm focused on solving social issues, announced on the 12th that it established the “taliki No. 2 Investment Business Limited Partnership” in September 2024, aiming to balance impact and economic returns. The target fund size is ¥2 billion, with investors including Seibu Shinkin Bank, Daiko, the Japan Private Public Partnership Platform (JANPIA), along with several individual investors and business corporations. The final close is scheduled for 2025, with plans to invest between ¥1 million and ¥50 million per company.

taliki’s vision is to “create mechanisms to reduce the absolute number of people losing their lives or suffering more than death.” The company operates incubation programs, impact investments, open innovation support, and think tank businesses. It has a unique channel to connect with impact startups before their founding and continues to support them post-investment in areas such as market development, organizational development, and public relations.

In its first fund, taliki invested in 17 companies and achieved a TVPI of 1.3 times approximately three years after the start of operations, according to the company’s announcement (compared to Preqin’s “Performance Benchmark for Japanese Venture Capital 2024”). The focus on seed and early-stage investments with high growth potential and social impact has been a driving factor for the fund’s expansion.

With the new fund, taliki will focus on a wide range of safety net areas, including declining birthrate and aging population, regional revitalization, minority support, poverty and violence, and disaster prevention and public health. The firm aims to expand the impact investment market by accumulating successful case studies through a dual approach of “funding + business development support” with its investees. The conference “BEYOND2025,” scheduled for October, is part of this initiative to form an ecosystem involving investees, government, and large corporations.

Previously, for Fund No.1 established in December 2020 (announced in 2021), Kyoto Shinkin Bank, Marui Group, SunBridge Corporation, Incubate Fund, and others participated as investors (amount undisclosed). Fund No.2 has added new LPs including Seibu Shinkin Bank and Daiko, and aims to operate with a target total of 2 billion yen, exceeding the scale of the previous fund.