Venture capitalist Anis Uzzaman has a special affinity for Japan, where he spent five years studying at a university on government scholarships. It's for that reason he is frustrated to see many Japanese firms struggling in global competition.

"When I became a VC, I really wanted to help Japan and Japanese corporations," Uzzaman, CEO of Silicon Valley-based Fenox Venture Capital, said in a recent interview with The Japan Times in Tokyo.

His firm now invests in a number of Japanese ventures, including DLE Inc., a flash anime maker best known for its animation "Himitsu Kessha Takanotsume" ("Eagle Talon"), and Terra Motors Corp., which is Japan's biggest electric motorcycle maker.