AET Fund logo

AET Fund

Asia, Tokyo, Japan, Tokyo

Description

AET Fund, formally known as Avex Entertainment Technology Fund, is a venture capital arm established in 2017 through a strategic partnership between Avex Inc., a leading Japanese entertainment conglomerate, and Digital Garage, Inc., a prominent Japanese internet company. Headquartered in Tokyo, Japan, the fund is dedicated to fostering innovation at the intersection of entertainment and technology. Its primary objective is to identify and invest in promising startups that are developing disruptive technologies and services across various entertainment sectors, including music, video, animation, gaming, virtual/augmented reality, artificial intelligence, and blockchain. This unique positioning allows AET Fund to leverage Avex's extensive industry expertise and network, alongside Digital Garage's technological insights, to support its portfolio companies.

The fund primarily targets early to mid-stage startups, typically from Seed to Series B rounds, seeking to provide not just capital but also strategic guidance and access to market opportunities. With an initial fund size of approximately 5 billion Japanese Yen (equivalent to around $45 million USD at its inception), AET Fund aims to make impactful investments that can reshape the future of entertainment. While specific check sizes can vary based on the stage and needs of the startup, typical initial investments generally range from $200,000 to $2,000,000. This range allows them to support a diverse portfolio of companies, from nascent ideas requiring initial seed capital to more developed ventures ready for significant growth.

AET Fund's investment thesis emphasizes technologies that enhance content creation, distribution, and consumption, as well as those that create new forms of interactive entertainment experiences. Their portfolio reflects a commitment to supporting ventures that can either integrate with Avex's existing business lines or open up entirely new revenue streams within the entertainment ecosystem. By focusing on both technological innovation and market potential within the entertainment industry, AET Fund positions itself as a key player in nurturing the next generation of entertainment-tech leaders in Japan and beyond.

Investor Profile

AET Fund has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 4% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, India, Canada.
  • Strong thematic focus on E-Commerce, Gaming, Software.
  • Typical check size: $200K – $2M.

Stage Focus

  • Seed (52%)
  • Series A (28%)
  • Pre Seed (8%)
  • Convertible Note (4%)
  • Undisclosed (4%)
  • Series B (4%)

Country Focus

  • United States (32%)
  • India (32%)
  • Canada (12%)
  • Singapore (8%)
  • South Africa (4%)
  • Switzerland (4%)
  • Germany (4%)

Industry Focus

  • E-commerce
  • Gaming
  • Software
  • Machine Learning
  • Media And Entertainment
  • Video Streaming
  • Saas
  • Artificial Intelligence (Ai)
  • Audio
  • Online Games
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AET Fund frequently co-invest with?

Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Chiratae Ventures
Asia, Karnataka, India, Bangalore
Co-Investments: 2
Dream Incubator
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
Act One Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
Craft Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Betaworks
North America, New York, United States, New York
Co-Investments: 6
Akatsuki Games Inc.
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Anorak Ventures
North America, California, United States, San Francisco
Co-Investments: 2
AperiamVentures
North America, New York, United States, New York
Co-Investments: 2
Firstminute Capital
Europe, England, United Kingdom, London
Co-Investments: 3

Which angels does AET Fund often collaborate with?

MP
North America, Colorado, United States, Aspen
Shared Deals: 1
BG
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
Rohit Taneja
Asia, India
Shared Deals: 1
KL
North America, California, United States, San Francisco
Shared Deals: 1
Matilde Giglio
Asia, Karnataka, India, Bangalore
Shared Deals: 1
Anup Singh Kalsy
Asia, Maharashtra, India, Mumbai
Shared Deals: 1
MV
North America, California, United States, Cardiff By The Sea
Shared Deals: 1
Lalit Keshre
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
JR
North America, California, United States
Shared Deals: 1

What are some of recent deals done by AET Fund?

Questt

Gurgaon, Haryana, India

Questt is a homework app that allows teachers to allocate objective and subjective homework based on selected content.

E-LearningEducation
Series AOct 21, 2021
Amount Raised: $6,678,532
Stream Captain

San Francisco, California, United States

Captain.tv makes games for streamers to play live with their viewers!

ComputerDigital EntertainmentGamingOnline GamesVideo Streaming
Series AOct 13, 2021
Amount Raised: $10,000,000
Akudo

Bengaluru, Karnataka, India

Akudo is a learning-first neobank enabling practical financial education for teenagers.

Debit CardsFinancial ServicesPersonal Finance
SeedSep 27, 2021
Amount Raised: $4,199,088
SuperGaming

Singapore, Central Region, Singapore

SuperGaming is an gaming development firm that develops casual computer games.

GamingLeisureOnline GamesPC Games
Series AAug 26, 2021
Amount Raised: $5,500,000
Resemble AI

Toronto, Ontario, Canada

Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis.

Artificial Intelligence (AI)AudioMachine LearningMedia and Entertainment
SeedMay 16, 2021
Amount Raised: $2,000,000
Carry1st

Cape Town, NA - South Africa, South Africa

Carry1st is a game developer content platform and an interactive app publisher.

BlockchainGamingInternetMobileMobile Apps
Series AMay 4, 2021
Amount Raised: $6,000,000
Blutag

New York, New York, United States

Blutag is a conversational commerce platform that leverages generative AI to help retailers increase customer retention

E-CommerceGenerative AIRetail TechnologySaaSSoftware
SeedJan 8, 2021
Amount Raised: $2,500,000
Resemble AI

Toronto, Ontario, Canada

Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis.

Artificial Intelligence (AI)AudioMachine LearningMedia and Entertainment
SeedFeb 15, 2020
Amount Raised: $2,000,000
The Meta

San Francisco, California, United States

The Meta is a digital training platform.

eSportsMachine LearningVideo Games
SeedFeb 4, 2020
Amount Raised: $2,500,000
Doubtnut

Gurgaon, Haryana, India

Doubtnut operates as an e-learning platform that enables users to ask study questions in Physics, Chemistry, and Math.

E-LearningEdTechEducationImage RecognitionSTEM Education
Series AJan 31, 2020
Amount Raised: $15,000,000