Agya Ventures Closes First Fund, at $32M

Agya Ventures

Agya Ventures, a NYC and Sn Francisco, CA-based venture capital firm focused on early-stage real estate and construction technology, closed its first fund, at $32m.

The fund’s Limited Partners include leading real estate firms, construction companies, and smart city developers from Japan, with significant asset holdings and businesses in the Indo-Pacific region. Among them are Mitsubishi Estate, Tokyu Fudosan, Obayashi Corporation, Mori Trust, and Hitachi Solutions. Over the next year, the firm will continue to build business relationships in the MENA and APAC regions to introduce opportunities for its portfolio companies’ expansion beyond the United States.

Founded in 2019 by Iguchi and his former Yale College and Harvard Business School classmate Kunal Lunawat, Agya Ventures is an early stage venture capital firm investing in startups that are shaping the future of the built world as well as the metaverse. Fund I will double down on its existing portfolio with new investments in the future of office, housing, hospitality, retail, and construction. In parallel, the fund will also invest in companies building for the metaverse to make the internet more immersive and experiential.

The firm has built a portfolio including Wildr, Culdesac, and Obsess.

FinSMEs

16/08/2022