Pegasus Tech Ventures Japan Co., Ltd. Denka Co., Ltd., a diversified chemical manufacturer, formed a CVC fund worth approximately 13 billion yen with US-based Pegasus Tech Ventures – Promoting Denka’s new business innovation –

Pegasus Tech Ventures Japan Co., Ltd.
Diversified chemical manufacturer Denka Co., Ltd. and US-based Pegasus Tech Ventures form a CVC fund worth approximately ¥13 billion – Promoting Denka’s new business innovation –

Pegasus Tech Ventures (Headquarters: California, USA, Founder and CEO: Anise Uzzaman, hereinafter: Pegasus), which develops global investment activities based in Silicon Valley in the United States and supports innovation promotion of major companies, has announced that , together with general chemical manufacturer Denka Co., Ltd. (head office: Chuo-ku, Tokyo; President and CEO: Toshio Imai; hereinafter referred to as Denka), have formed a US$100 million (approximately ¥13 billion) venture investment fund.
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Established in 1915, Denka is a comprehensive chemical manufacturer aiming to develop in fields that will form the foundation of future society, such as next-generation electric vehicles, 5G communications, and measures against infectious diseases. Through the formation of this fund, through the provision of funds to venture companies with cutting-edge technologies in the United States, Europe, Israel, and Asian countries, including Silicon Valley, we will contribute to the realization of “ICT & Energy,” “Healthcare,” and “Sustainable Living.” We will create new businesses and acquire new technologies in the three fields.
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Toshio Imai, President and Representative Director of Denka Company Limited, said,
“I felt that Pegasus was the best global partner for promoting global innovation activities. I was able to confirm that I am the right person for a company that promotes innovation centered on
technology.By making good use of Pegasus’ extensive global network and technological knowledge, We would like to realize our management plan “Mission 2030.”By doing so, we aim to create new businesses and expand existing businesses to respond to the rapidly changing world.” Pegasus Founder and CEO Anise Uzzaman said:
“Pegasus is a world-leading player in managing CVC funds, and is currently in charge of managing strategic funds for more than 30 large companies.We have been supporting many large Japanese companies. So far, we have successfully matched with hundreds of venture
companies.The Pegasus team is very familiar with technology venture companies, and through the establishment of this fund, we will seek out venture companies with the world’s top technology. I would like to connect with Denka and make a major contribution to the realization of “Mission 2030″ in the medium to long term. ”
About Denka Company Limited
Denka is a comprehensive chemical manufacturer with a focus on organic materials, inorganic materials, electronic materials, functional and processed products, and pharmaceuticals. Since our founding in 1915, we have aimed to contribute to the development of society through manufacturing based on the chemical industry, and to be a company that is trusted by society. In 2015, we celebrated the 100th anniversary of our founding, and we are accelerating our global business strategy for sustainable growth thereafter.
For details, please visit https://www.denka.co.jp/.
About Pegasus Tech Ventures
Pegasus is headquartered in Silicon Valley in the United States, has received LP investment from many major companies around the world, and is a venture capital whose basic business is to support the innovation of large companies. So far, we have invested in more than 250 venture companies around the world, including SpaceX, Twitter, Airbnb, SoFi, Doordash, 23andMe, Color, and Carbon. For more information, please visit https://en.pegasustechventures.com/. In addition, Pegasus is also involved in hosting the world’s largest networking and pitch contest “Startup World Cup” (https://www.startupworldcup.io/) in order to promote innovation on a global scale. Preliminaries are underway. [Inquiries regarding this matter]
Company name: Pegasus Tech Ventures
Corporate representative: Ayaka Unno
Email: unno@pegasusventures.com
Phone number: 03-6417-4570
Details about this release:
https://prtimes.jp/main/html/rd/p/000000046.000044738.html

MAIL:cr@prtimes.co.jp

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