PR91046

PALO ALTO, Calif. and TOKYO, Aug. 6, 2021 /PRNewswire=KYODO JBN --

- Venture Firm Catalyzes Growth of Startups through the Global Network of New

Frontier Capital

(July 30, 2021) - Allegis Capital, a prominent Silicon Valley VC, and New

Frontier Capital Management International ("NFCM"), a leading Asian GP, have

jointly announced today 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.

NFCM will provide business matching, corporate alliance, joint R&D, M&A and

other business opportunities to startup companies invested by Allegis Capital

by introducing and connecting the startups to global corporations with a

special focus on Japanese corporations.

NFCM will also support the development and commercialization of the

technologies of Allegis startups by connecting the startups to global

universities and institutions such as Indian Institute of Technology (IIT),

University of Melbourne, Zhejiang University, Russia Skolkovo and Kenya

Investment Authority.

In addition, together with its global fund partners such as Tata Capital, China

Merchants Group and Da Vinci Capital, NFCM will unlock opportunities for

Allegis startups for financing and global market entry into international

markets such as Japan, India, China, Australia, Russia and Africa.

"The strategic partnership with NFCM represents the opportunity for us to aide

our portfolio companies to expand their strategic plans internationally.  We

also hope that this partnership will evolve over time into a larger strategic

partnership." said Spencer Tall, Allegis Capital Managing Director.

"The Allegis-NFCM partnership is a powerful combination, especially in today's

digital era. Allegis is a member of inner circle of Silicon Valley and has

proprietary access to cutting-edge technology and business models in Silicon

Valley. NFCM has the network of Japanese corporations, international funds and

global universities seeking for the next-generation innovation," said Shigeki

Usuki, NFCM CEO. "The geographic strengths, North America for Allegis and Asia

Pacific for NFCM, also complements the significance of our strategic

partnership."

About Allegis Capital

Based in Silicon Valley and Maryland, Allegis Capital has pioneered an

integrated cybersecurity investment platform spanning seed to early-growth

cybersecurity companies. It is the first VC focused exclusively on

cybersecurity and data science and has been investing in cybersecurity for more

than 15 years in the U.S and select international markets. The Allegis Capital

team is replete with VC and startup entrepreneurial veterans. The team has been

described in industry press as the "Cyber's Money Men" for its domain expertise

and position. Current Allegis Capital investments include Area 1 Security,

Callsign, CyberGRX, Dragos, SafeGuard Cyber, Shape Security, Signifyd, Source

Defense, Synack, and vArmour. For more information, please visit

www.allegiscyber.com

About New Frontier Capital Management International

NFCM is based in Japan with offices in Tokyo, Hong Kong, mainland China and

Singapore. Through NFCM Hong Kong, NFCM co-invests in global GPs and jointly

manages global VC and PE funds such as CMH Growth Fund, a China PE growth fund

with China Merchants Group, and Tata Capital Growth Fund, an Indian PE fund

with Tata Capital as well as global VC funds such as Cybernaut New Frontier

Venture Fund (China VC), AI Human (Australia VC) and Africa Healthcare Fund

(Africa VC).

In addition to NFCM's corporate network of Japanese and global corporations,

NFCM Hong Kong has a global network of innovation and has signed agreements

relating to the promotion of innovation with top-tier academia and government

institutions including the Indian Institute of Technology (IIT)-Hyderabad,

University of Melbourne, Skolkovo Foundation (Russia), Zhejiang University

(China) and Kenya Investment Authority. For more information, please visit

www.nfcm.com.hk/en/

SOURCE: Allegis Capital and New Frontier Capital Management International