MPower is pleased to announce the launch of MPower Partners Fund II L.P. (“Fund II”), the successor vehicle to MPower Partners Fund L.P. (“Fund I”), a global venture capital fund that backs growth state startups in Japan and overseas.

In addition to existing Limited Partners, the Japan Investment Corporation (JIC) has joined as a new investor in Fund II.

1. Investment in Growth-Stage Startups
   As with Fund I, Fund II will continue to fill the funding gap in Japan’s growth-stage startup market by providing necessary funding to support the creation of more large-scale, unicorn companies.

2. New Investment Theme
   In addition to Fund I’s core theme of “solving societal challenges with technology,” Fund II introduces a new theme: “Japan Dynamism.” Under this banner, MPower will actively invest in startups that bolster Japan’s national resilience and accelerate Japan’s long-term growth potential.

3. ESG-Integration and Leveraging Diversity
   With its diverse investment team, MPower will continue to leverage its unique perspectives and networks to identify promising investment opportunities in Japan and overseas, as well as contribute to greater diversity across the startup ecosystem. The firm will also utilize its proprietary ESG framework to support the long-term, sustainable growth of its portfolio companies.

About MPower

MPower Partners (which includes MPower Partners GP Limited and MPower Partners Fund Limited, Japan’s first ESG-integrated global venture capital fund (launched in May 2021), MPower Partners GP II Limited and MPower Partners Fund II L.P. (launched in March 2025) and MPower K.K.) was founded in 2021 by Kathy Matsui, Yumiko Murakami and Miwa Seki.  Combining deep expertise, experience, and diversity, the MPower Partners team supports the growth of domestic and international startups aiming to become global unicorns.

Website: https://www.mpower-partners.com

For inquiries regarding this release: info@mpower-partners.com

Disclaimer: This press release is intended solely for informational purposes for qualified institutional investors and potential portfolio companies; it is not a disclosure document under the Financial Instruments and Exchange Act and does not constitute a solicitation or recommendation to purchase any interests in MPower Partners Fund II L.P. (“Fund II”). It provides a general introduction to MPower and Fund II and should not be relied upon for making investment decisions. Investment in Fund II is speculative, involves significant risk, and may not be suitable for all investors. It may contain forward-looking statements regarding Fund II and its investment plans, which involve substantial risks and uncertainties; actual results may differ materially. Fund II is under no obligation to update forward-looking statements except as required by law. MPower Partners GP II Limited is a Notifier of Specially Permitted Businesses for Qualified Institutional Investors, etc.