NTT Docomo Ventures Inc.

Established a JPY 10 billion venture fund, NTT Investment Partners Fund, L.P. (NIP Fund)

NTT Investment Partners, Inc. (NIP), a corporate venture capital firm, was established by NIPPON TELEGRAPH AND TELEPHONE CORPORATION (NTT).

February 20, 2008

Established : February 20, 2008

Formation of NTT Investment Partners Fund Investment Business Partnership (total assets under management of 10 billion yen)

Increase of total assets of NTT Investment Partners Fund Investment Business Partnership to 15 billion yen

Raised fund size of NIP Fund to JPY 15 billion.

As a comprehensive contact point with startups and venture communities representing the NTT Group, to accelerate innovation in services, technology, and processes, NTT Docomo acquired all shares of NTT Investment Partners Inc. from Nippon Telegraph and Telephone Corporation, changed its trade name to 'Docomo Innovation Ventures Inc.', and established the Docomo Innovation Fund Investment Business Partnership (total assets of 10 billion yen). Additionally, launched the Docomo Innovation Village startup support program

NTT DOCOMO, INC. (DOCOMO) acquired NIP aiming to strengthen cooperation with startup companies in terms of venture funding and incubatin on behalf of its parent NTT Group and changed NIP’s trade name to DOCOMO Innovation Ventures, Inc. (DIV) : Established a JPY 10 billion new venture fund, DOCOMO Innovation Fund Partnership, and started operating DOCOMO’s Incubation Program

Changed trade name to NTT Docomo Ventures Inc.

Changed its trade name to NTT DOCOMO Ventures, Inc.

Formation of NTT Investment Partners Fund No. 2 Limited Liability Investment Business Partnership (total assets under management of 10 billion yen)

Established a JPY 10 billion venture fund, NTT Investment Partners Fund II, L.P. : (NIP Fund II)

Start of operation of 39works, a joint business development program

Started operating new business co-creation program in cooperation with startup, 39works

Transition of the operation of 39works to NTT Docomo

Shifted new business co-creation program 39works to NTT DOCOMO

Established NTT Docomo Ventures Silicon Valley branch in the United States

Launched NTT DOCOMO Ventures' Silicon Valley branch in the United States

Formation of Docomo Innovation Fund No. 2 Limited Liability Investment Business Partnership (total assets of 15 billion yen)

Established a JPY 15 billion new venture fund, DOCOMO Innovation Fund II, L.P.

Formation of NTT Investment Partners Fund No. 3 Limited Liability Investment Business Partnership (total assets of 20 billion yen)

Established a JPY 20 billion venture fund, NTT Investment Partners Fund III, L.P. : (NIP Fund III)

Formation of Docomo Innovation Fund No. 3 Limited Liability Investment Business Partnership (total assets of 15 billion yen)

Established a JPY 15 billion new venture fund, DOCOMO Innovation Fund III, L.P.

Formation of NTT Investment Partners Fund No. 4 Limited Liability Investment Business Partnership (total assets of 20 billion yen)

Established a JPY 20 billion venture fund, NTT Investment Partners Fund IV, L.P. : (NIP Fund IV)

Formation of Docomo Innovation Fund No. 4 Limited Liability Investment Business Partnership (total assets of 15 billion yen)

Established a JPY 15 billion new venture fund, DOCOMO Innovation Fund IV, L.P.