TDK Announces Corporate Venture Entity to Invest in Early Stage Material Science Technologies and Companies
TDK CORP S/ADR (TTDKY)
NASDAQ:AMEX Investor Relations:
global.tdk.com/corp/en/ir/index.htm
Company Research
Source: Business Wire
TDK Corporation to establish a corporate venture, TDK Ventures, Inc.TDK Ventures will focus its investments on technologies and solutions that embrace digital and energy transformation towards a sustainable future. SAN JOSE, Calif.--(BUSINESS WIRE)--TDK Corporation (TSE: 6762) today announced it has established TDK Ventures, Inc., a corporate venture company (CVC) to invest in early-stage innovative startups to bolster innovation in material science, energy/power and related areas typically underrepresented in venture capital portfolios. TDK Ventures, established as a wholly-owned subsidiary of TDK Corporation, will have an initial fund size of $50 million.Building on TDK’s 85 years of experience commercializing magnetic and electronic materials, TDK Ventures will focus its investments on technologies and solutions that leverage fundamental material science to unlock an attractive and sustainable future for the world. These would include but not be limited to magnetics, MEMS, piezo
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