Kyocera : Launches Venture Capital Fund to Fuel Innovation Japan Corporate Start-up Alliance/Collaboration Financial Information
March 21, 2024 at 02:07 am EDT
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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.
Fund Outlook
Entity name
KVIF-I Limited Partnership (Registered Name)
(Name: Kyocera Ventures Innovation Fund-I)
Establishment date
April 1, 2024
Fund size
Approx. USD40 million
Operation 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 (Series A-C)
Investment size
USD0.2-2 million (less than 20% equity)
Unlimited liability partner
Global Brain Corporation
Limited partner
Kyocera Corporation
About Global Brain
Company Name
Global Brain Corporation
Location of Head Office
10-11 Sakuragaoka-cho, Shibuya-ku, Tokyo, Japan
Representative
Yasuhiko Yurimoto, CEO
Establishment
January 1998
Business activities
Venture capital business
URL
https://globalbrains.com
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Kyocera Corporation published this content on
21 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
21 March 2024 06:06:07 UTC.
Kyocera Corporation specializes in the development manufacturing and marketing of electronic components. The group also sells communication, document management, medical and energy systems and equipments. Net sales break down by family of products as follows:
- printing and document management equipments and systems (19.9%);
- electronic components and devices (18.4%) : capacitors, crystal devices, clock oscillators, resonators, connectors, etc.;
- semiconductor components (17.8%);
- communication equipments and systems (14.3%): telecommunications terminals (smartphones, tablets), connectivity devices, telecommunications infrastructure, etc.;
- industrial tools (13.7%);
- automotive and industrial components (10.9%): fine ceramic products (mainly for the manufacture of automotive equipment), liquid crystal displays, optical components, camera modules, etc.;
- other (5%).
Net sales break down geographically as follows: Japan (33.4%), Asia (26.4%), the United States (18.6%), Europe (18.4%) and other (3.2%).
KYOCERA CORPORATION 
