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Founder of Robot Startup Bought by Google Eyes Hidden Japan Gems
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Takashi Kato, co-founder of the robot venture Schaft Inc. bought by Google Inc. in November, opened a fund to invest in technologies from Japanese startups and universities that have been overlooked by investors.
Kato’s 246 Capital plans to raise about 2 billion yen ($19 million) in the next six months mostly from wealthy Japanese, he said during an interview at Bloomberg News’s Tokyo office yesterday. The fund will focus on biotechnology and energy efficiency.