Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, August 06 2021 - 08:00
AsiaNet
Allegis Capital, Leading Silicon Valley VC, Becomes a Strategic Partner of New Frontier Capital Management International
PALO ALTO, Calif. and TOKYO, Aug. 6, 2021 /PRNewswire-AsiaNet/ --

- Venture Firm Catalyzes Growth of Startups through the Global Network of New 
Frontier Capital

(July 30, 2021) - Allegis Capital, a prominent Silicon Valley VC, and New 
Frontier Capital Management International ("NFCM"), a leading Asian GP, have 
jointly announced today that they have signed an MOU to become strategic 
partners.

With this new strategic partnership, Allegis and NFCM will promote cross-border 
collaboration, such as business alliances and M&A between Silicon Valley 
startups holding world-class technologies and Japanese and multinational 
corporations seeking to further global innovation.

NFCM will provide business matching, corporate alliance, joint R&D, M&A and 
other business opportunities to startup companies invested by Allegis Capital 
by introducing and connecting the startups to global corporations with a 
special focus on Japanese corporations.

NFCM will also support the development and commercialization of the 
technologies of Allegis startups by connecting the startups to global 
universities and institutions such as Indian Institute of Technology (IIT), 
University of Melbourne, Zhejiang University, Russia Skolkovo and Kenya 
Investment Authority.

In addition, together with its global fund partners such as Tata Capital, China 
Merchants Group and Da Vinci Capital, NFCM will unlock opportunities for 
Allegis startups for financing and global market entry into international 
markets such as Japan, India, China, Australia, Russia and Africa.

"The strategic partnership with NFCM represents the opportunity for us to aide 
our portfolio companies to expand their strategic plans internationally.  We 
also hope that this partnership will evolve over time into a larger strategic 
partnership." said Spencer Tall, Allegis Capital Managing Director.

"The Allegis-NFCM partnership is a powerful combination, especially in today's 
digital era. Allegis is a member of inner circle of Silicon Valley and has 
proprietary access to cutting-edge technology and business models in Silicon 
Valley. NFCM has the network of Japanese corporations, international funds and 
global universities seeking for the next-generation innovation," said Shigeki 
Usuki, NFCM CEO. "The geographic strengths, North America for Allegis and Asia 
Pacific for NFCM, also complements the significance of our strategic 
partnership."

About Allegis Capital

Based in Silicon Valley and Maryland, Allegis Capital has pioneered an 
integrated cybersecurity investment platform spanning seed to early-growth 
cybersecurity companies. It is the first VC focused exclusively on 
cybersecurity and data science and has been investing in cybersecurity for more 
than 15 years in the U.S and select international markets. The Allegis Capital 
team is replete with VC and startup entrepreneurial veterans. The team has been 
described in industry press as the "Cyber's Money Men" for its domain expertise 
and position. Current Allegis Capital investments include Area 1 Security, 
Callsign, CyberGRX, Dragos, SafeGuard Cyber, Shape Security, Signifyd, Source 
Defense, Synack, and vArmour. For more information, please visit 
www.allegiscyber.com

About New Frontier Capital Management International

NFCM is based in Japan with offices in Tokyo, Hong Kong, mainland China and 
Singapore. Through NFCM Hong Kong, NFCM co-invests in global GPs and jointly 
manages global VC and PE funds such as CMH Growth Fund, a China PE growth fund 
with China Merchants Group, and Tata Capital Growth Fund, an Indian PE fund 
with Tata Capital as well as global VC funds such as Cybernaut New Frontier 
Venture Fund (China VC), AI Human (Australia VC) and Africa Healthcare Fund 
(Africa VC).

In addition to NFCM's corporate network of Japanese and global corporations, 
NFCM Hong Kong has a global network of innovation and has signed agreements 
relating to the promotion of innovation with top-tier academia and government 
institutions including the Indian Institute of Technology (IIT)-Hyderabad, 
University of Melbourne, Skolkovo Foundation (Russia), Zhejiang University 
(China) and Kenya Investment Authority. For more information, please visit 
www.nfcm.com.hk/en/

SOURCE: Allegis Capital and New Frontier Capital Management International
Translations

Japanese