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Kyocera : Launches KVF I Corporate Venture Capital Fund in the U.S. Japan Corporate Start up Alliance/Collaboration Financial Information

September 12, 2024 at 12:05 am EDT
Kyocera Corporation (President: Hideo Tanimoto; hereinafter, Kyocera) has established a U.S. $60 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.

* Europe, the Middle East and Africa

Kyocera has a long history of supporting start-ups through direct investment and collaboration using its unique technologies to enhance research and development and build new enterprises. 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 defense, semiconductors, and nuclear fusion as potential investment areas. Through these CVC activities, Kyocera will further accelerate open innovation in anticipation of market changes by strengthening its search and support for start-ups.

Overview of the Fund

Entity name

Kyocera Venture Fund-I LP (KVF-I)

Establishment date

April 9, 2024

Fund size

USD 60 million

Operating period

10 years

Investment areas

Environment and energy, information and communications, medical and healthcare, mobility, advanced materials, software (including AI), aerospace and defense, semiconductors, and nuclear fusion

Investment stage

Early stage (Seed, Series A-B)

Investment size

USD 0.2-2 million (less than 20% equity)

General partner

Kyocera Venture Partners Fund-I GP LLC

Website

https://www.kyocera.vc/

Disclaimer

Kyocera Corporation published this content on 12 September 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on September 12, 2024 at 04:04:08 UTC.

SOURCE Kyocera

By |September 12th, 2024|Industry Insights|

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