Marubeni and Benhamou Global Ventures (hereinafter, 'BGV'), a venture capital firm based in Silicon Valley, USA, have concluded a VCaaS strategic alliance agreement (hereinafter, 'this Alliance') in the technology sector centered on Artificial Intelligence (hereinafter, 'AI').

Through this Alliance, Marubeni will aim to leverage BGV's extensive knowledge and network in the world's largest innovation hubs, including Silicon Valley, to explore innovative business models and technologies, identify and create investment opportunities, and build a strong local network. Meanwhile, BGV will aim to create added value for its portfolio companies through new partnership opportunities, leveraging Marubeni's extensive knowledge and customer network across a wide range of industries worldwide.

Moving forward, both companies will accelerate innovation in the technology sector (including AI), create new business opportunities, enhance competitiveness in the global market, and further promote business development.

An initiative aiming to accelerate innovation, integrate external innovations, and create growth opportunities by quickly accessing cutting-edge technologies and business models through the knowledge and network possessed by venture capital.

(C) 2024 Electronic News Publishing, source ENP Newswire