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Dai-ichi Life Insurance to invest ¥500M in venture fund

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Dai-ichi Life Insurance to invest ¥500M in venture fund

said it will invest ¥500 million in Keio Innovation Initiative 1 LPS, a venturefund managed by Keio Innovation Initiative Inc.

The fund primarilyinvests in startups and venture companies in the fields of IT-integrateddomain, digital health and bioinformatics.

As of July 18, US$1 was equivalent to ¥105.85.