SMBC Venture Capital, based in Japan, focuses on investments in startups in the mobile and biotechnology sectors. With an average investment value of $5-10 million, the fund typically invests in companies that are 4-5 years old. Some of its successful portfolio startups include Base, GROOVE X, and BizReach. While the fund has a preference for startups with fewer than 5 founders, it has no specific location preference. In addition to SMBC Venture Capital, other common investors in these startups include Nissay Capital, Innovation Network Corporation of Japan, and Nippon Venture Capital.