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New Nintendo Partner DeNA Has Venture Arm to Back Virtual-Reality Startups

New Nintendo Partner DeNA Has Venture Arm to Back Virtual Reality Startups WSJ


As DeNA Co. and Nintendo begin collaborating on original mobile games, a stealthy weapon may take on new import as they battle for consumer attention: DeNA’s venture arm.

The mobile Internet company’s investment vehicle has quietly backed more than 40 companies since launching in late 2013 and will focus on virtual reality and health care going forward, VentureWire has learned.

“We want to get into virtual reality,” DeNA Venture Capital Group Principal James Riney said. “It’s a good fit for DeNA because obviously there’s the gaming angle.”

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They've backed 40 companies so far?! Wow!

I do think the DeNA Nintendo deal is going to be huge: