Israel based Yozma Group is planning to invest in Japanese startups in the coming year, targeting companies in medicine, biotechnology, artificial intelligence, big data and other fields with advanced technology.

The firm will initially set an investment window of over 10 billion yen ($88 million) but plans to invest more by cooperating with other companies or venture capital funds.

Yozma will set up a base in Japan to introduce local entrepreneurs to potential overseas clients and offer management consulting, among other assistance. Once a company grows large enough, Yozma will exit through an initial public offering or sale.

Yozma has earned worldwide recognition as the creator of the Israeli venture capital industry. Yozma makes equity investments in technology companies engaged in fields where Israel has demonstrated world leadership.