April 5, 2023 | News & Notices
CVC Fund with Global Brain Totaling 5 Billion Yen Established
Aimed at the Acquisition of Innovative Technologies and the Creation of New Businesses
Shimadzu Corporation launched a corporate venture capital (CVC) fund, the Shimadzu Future Innovation Fund L.P. (below: Shimadzu FIF), on April 3rd with Global Brain Corporation, an independent venture capital firm (President: Yasuhiko Yurimoto, below: Global Brain). A CVC fund is a fund dedicated to investment in startups by a corporation. Shimadzu FIF will be managed for ten years with a total investment of 5 billion yen. Shimadzu plans to invest in seed-stage startups and early-stage startups that are in the process of launching their businesses before their prospects are clear.
Through the management of the newly established Shimadzu FIF, Shimadzu will invest in startups with technologies and expertise that closely match Shimadzu’s and support them through collaboration, which will lead to the growth of Shimadzu’s products and services and the creation of new businesses. The main investment areas will be “Healthcare,” “GX (Green Transformation),” “Materials,” and “Industry,”; areas that we are focusing on in our new medium-term management plan. Global Brain, which co-founded Shimadzu FIF, has an extensive track record of investments in the deep-tech* field both in Japan and overseas. Shimadzu will continue to work with partners worldwide to create innovative products and services to help solve the challenges facing society.
- *Technology that can impact society based on scientific discoveries and innovative technologies
About the Shimadzu Future Innovation Fund L.P.
| Official name | ： | Shimadzu Future Innovation Investment L.P. |
| Total amount under management | ： | 5 billion yen |
| Investment period | ： | 10 years |
| Target stage | ： | Focusing on seed and early-stage companies, but also targeting middle and later stage companies in the growth phase |
| Investment areas | ： | Healthcare, GX (Green Transformation), Materials, Industry |
| General partner | ： | Global Brain Corporation |
| Limited partner | ： | Shimadzu Corporation |
About Global Brain
| Company name | ： | Global Brain Corporation |
| Location | ： | 10-11 Sakuragaoka-cho, Shibuya-ku, Tokyo |
| Representative | ： | Yasuhiko Yurimoto, President |
| Founded | ： | January 1998 |
| Business | ： | Venture capital business |
Related information
Global Brain Corporation website(https://globalbrains.com/en ）