Hitachi established HV in 2019 and launched the first fund(1), which has been investing in innovative startups with digital technologies and new business models in Hitachi's business sectors. To date, HV has initiated investments in 11 startups in the areas of industrial AI/IoT, data management / computing, digital healthcare, and life sciences. Through these investments, Hitachi is promoting innovation by leveraging its assets and capabilities to develop new markets and propose new solutions. In recognition of these activities,
With the aim of accelerating innovation in the environmental and healthcare fields, where Hitachi is focusing its efforts, Hitachi now established a second fund to strengthen its investment in startups that create environmental value by addressing climate change and promoting resource efficiency, as well as social value through healthcare, including medicine and pharmaceuticals. HV's second fund begins with a size of
HV is investing in open innovation to strengthen innovation capabilities towards continued growth. Hitachi will achieve growth through innovation by developing advanced technologies through research and development, and by collaborating and partneringwith startups.
"Through open innovation with startups that share the same aspiration to contribute to society, we will create new values that leverage cutting-edge technologies, and further accelerate business growth in the areas of the environment, resilience, and security & safety, which are Hitachi's key areas of focus, as well as the global expansion of our Social Innovation Business."
(1) News Release dated
In the above release, the name of the CVC fund was described as "
(2) Selected annually from more than 3,000 CVCs worldwide by Global Corporate Venturing, a data provider for the CVC industry.
https://globalcorporateventuring.com/gcv-powerlist-2021-25-stefan-gabriel/
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