Allegis Capital, a prominent Silicon Valley VC, and New Frontier Capital Management International (NFCM), an Asian GP, have jointly announced that they have signed an MOU to become strategic partners.

With this new strategic partnership, Allegis and NFCM will promote cross-border collaboration, such as business alliances and M&A between Silicon Valley startups holding world-class technologies and Japanese and multinational corporations seeking to further global innovation.

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