MUFG launches Artemis Ventures with $318.9m equity fund target

It will invest in mid-to-late stage startups, primarily those based in Japan.

Mitsubishi UFJ Financial Group (MUFG) alongside its banking and trust arms has officially launched Artemis Ventures, Ltd.

Artemis will serve as a general partner for an equity fund that mainly invests in Japanese growth companies, according to a press release on 3 February 2026.

The fund will invest in mid-to-late-stage startups, including crossover investments and direct secondaries.

Its first fund, tentatively named Artemis I Investment Limited Partnership, is scheduled to receive LP investments from MUFG Bank and Mitsubishi UFJ Trust & Banking Corporation (MUTB) in April 2026.

MUFG shared plans to invite LP investments from Japanese and international investors, with a target total fund size of JPY50b or approximately $318.93m.

Archibald Ciganer will serve as Artemis’ managing partner.

(US$1 = JPY156.82; Morningstar via Google)