TANAAKK has placed a commitment of US$100 million in the newly launched HITSERIES FUND

TOKYO–(BUSINESS WIRE)–TANAAKK KK (Headquarters: Tokyo, Japan; CEO: Shoichiro Tanaka, “TANAAKK”) announced an initial commitment of US$100 million to the newly launched HITSERIES FUND, which invests in internal Fortune Global 500 SaaS startups and its associated SaaS supply chain.

TRACK RECORD

Shoichiro Tanaka, General Partner of HITSERIES FUND, has diverse cross-border investment experience with a fairly high IRR record against Cambridge Associates LLC US Venture Capital Index® which gained 50.1% in FY2020. TANAAKK will create “HITSERIES LPS”, a legitimate fund in Japan with Shoichiro Tanaka as a qualified institutional investor: incorporated under the regulations of the “Investment Limited Partnership Law (Law No. 90 of June 3, 1998 )”. HITSERIES LPS will have its first closing in June 2022. TANAAKK invites Institutional Investors and High Net Worth Individuals (HNWIs) as HITSERIES FUND limited partners up to $300 million.

WHAT IS HITSERIES

HITSERIES accelerates internal Fortune Global 500 startups to reach $100,000,000 in new SaaS revenue in 5 years through a combination of DevOps (development operations), RevOps (revenue operations), and EquityOps (capital operations).

HITSERIES includes reference architectures, quickstart container images, and hands-on support from the TANAAKK developer team. HITSERIES has a large base of Fortune Global 500 customers in the automotive, energy, petroleum, retail, finance, construction and logistics industries.

FUND STRATEGY

In Japan alone, annual R&D expenditure is US$190 billion, including conglomerates and domestic universities. But due to Japan’s immature venture capital ecosystem, it’s almost hard to say that science and technology has smoothly migrated to disruptive innovation and engineering around the world.

HITSERIES FUND will invest this “updated asset” in R&D expenses with a note amount of US$1-30 million. Investment starts in Japan and its supply chain in EMEA, APAC and AMERICAS. TANAAKK offers key benefits for migrating research and development (R&D) fruit into scalable, cloud-native Software as a Service (SaaS).

TANAAKK law firm

TANAAKK Law Firm facilitates proper capital structure, proper growth program, appropriate milestones and key performance indicators from inception to IPO on NASDAQ or Tokyo Stock Exchange.

About TANAAKK

TANAAKK provides HITSERIES, growth as a service for Fortune Global 500 startups. For more information, visit www.tanaakk.com

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