Kyocera Corporation (President: Hideo Tanimoto; hereinafter, Kyocera) today announced that it will launch the 'Kyocera Ventures Innovation Fund-I,' a corporate venture capital fund of approx.

40 million U.S. dollars, on April 1, 2024, as a vehicle to create new businesses.

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. The new fund will allow Kyocera to continue these efforts in anticipation of future market changes while accelerating its open innovation activities.

The fund will invest primarily in Japanese and Asian start-ups in 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. Kyocera will collaborate with VC firm Global Brain Corporation (CEO: Yasuhiko Yurimoto, hereinafter, Global Brain) to develop venture capital strategies supported by Global Brain's investment platform, networks, and knowledge base.

(C) 2024 Electronic News Publishing, source ENP Newswire