Kyocera announces new venture capital fund
September 12, 2024
The company has launched the KVF-I Corporate Venture Capital Fund in the U.S.
Kyocera Corporation (Kyocera) has established a U.S. $60 million (€55 million) corporate venture capital (CVC) fund, the Kyocera Venture Fund-I LP (KVF-I), which will invest mainly in start-ups in the U.S. and EMEA to strengthen Kyocera’s system for creating new businesses.
KVF-I joins Kyocera Venture Innovation Fund-I(KVIF-I), which Kyocera announced in March 2024 as a CVC fund investing mainly in Japan and Asia. Together, the two funds expand Kyocera’s global venture capital funding portfolio to approximately U.S. $100 million (€91 million).
KVIF-I and KVF-I will focus on the fields of environment and energy, information and communications, medical and healthcare, mobility, advanced materials, software (including AI), aerospace and defence, semiconductors, and nuclear fusion as potential investment areas.
Through these CVC activities, Kyocera said it will further accelerate open innovation in anticipation of market changes by strengthening its search and support for start-ups.
Categories : City News
Tags : Investment Kyocera New Business Start Ups Venture Capital Fund
