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NGK Spark Plugs launches $100M corporate venture fund, will seek M&A opportunities – TechCrunch

NGK Spark Plugs launches $100M corporate venture fund, will seek M&A opportunities
NGK Spark Plug, one of the world’s largest manufacturers of automative spark plugs, announced a new $100 million fund to invest in startups and find potential merger and acquisition deals. The fund was launched with Pegasus Tech Ventures, the “venture capital as a service” firm that has also worked with corporations like Sega Sammy Holdings, Asus and Aisin Seiki to launch venture funds.
While best known for its automotive components, NGK Spark Plug also manufacturers many other hardware components, including for semiconductor production equipment, cutting tools, medical equipment, industrial ceramics. In recent years, the Nagoya, Japan-headquartered company has begun focusing on new technologies, like solid-state electric vehicle batteries. ....

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Redirecting to Pegasus Tech Ventures Launches US $50 Million Fund with Japanet Holdings

Pegasus Tech Ventures Launches US $50 Million Fund with Japanet Holdings
Pegasus Tech Ventures (“Pegasus”), a global venture capital firm based in Silicon Valley, announced a partnership with Japan’s television shopping giant Japanet Holdings (“Japanet”) to establish a $50 million corporate venture capital fund to invest in innovative startups around the globe.
Japanet, headquartered in Nagasaki, Japan, is well-known for its home shopping services and now is expanding into other business sectors. The company recently started a new project to build “Stadium City” in Nagasaki, Japan, which will open in 2024. Centered on a sports stadium, the project includes the development of mixed-use facilities such as business offices, retail stores, hotels, and live event arenas, aiming to make it a Nagasaki landmark that will revitalize the local and regional community. Japanet is also committed to the enrichment of elderly life and to providing educational support for ch ....

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Pegasus Tech Ventures Launches US $50 Million Fund with Japanet Holdings

Pegasus Tech Ventures (“Pegasus”), a global venture capital firm based in Silicon Valley, announced a partnership with Japan’s television shopping giant Japanet Holdings (“Japanet”) to establish a $50 million corporate venture capital fund to invest in innovative startups around the globe. ....

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U.S. tech giants Amazon, Google vie for piece of India's digital payment market

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan. ....

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Pegasus Tech Ventures and Japanet launch new $50M fund to bring global startups to Nagasaki – TechCrunch

Pegasus Tech Ventures and Japanet launch new $50M fund to bring global startups to Nagasaki
Pegasus Tech Ventures, a firm that helps corporations launch startup investment funds, announced a new partnership with Japanet today. Japanet, one of Japan’s largest television shopping companies, and Pegasus have established a $50 million venture fund to invest in startups from around the world, including for a major new development in Nagasaki.
Japanet is looking for startups to support its expansion into new sectors. These include a building project called Stadium City in Nagasaki that will open in 2024. It will center around a sports stadium, and include mixed-use facilities like offices, retail stores, hotels and event venues. Japanet also plans to focus on new services for elderly people and children’s education. ....

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