Panasonic, JR East CVC, and Hakuhodo DY Ventures newly participate to accelerate open innovation – Toward building an ecosystem that connects Japan and the world
*Cross Capital Pte. Ltd.*
Press release: September 6, 2024
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Panasonic, JR East CVC, and Hakuhodo DY Ventures newly participate to accelerate open innovation – Toward building an ecosystem that connects Japan and the world
*Japan’s first Fund of Funds operated by Cross Capital that provides both access to startups around the world and business development support*
* Cross Capital (Representatives: Takaki Nakamura, Fumi Takashima) is a fund of funds that specializes in supporting the implementation of open innovation in business companies.
Capital I Limited Partnership (CC1) will include Panasonic Corporation and JRE in addition to existing LP Fujisoft Co., Ltd.
We are pleased to announce that three companies, VENTURES (JR East CVC) and Hakuhodo DY Ventures Co., Ltd., are participating. In order to further strengthen this platform, which brings together leading companies from various industries, we will continue to solicit participation from operating companies and create an ecosystem that connects Japan and the world. *
Cross Capital was established to support the implementation of innovation in Japanese companies, and announced that it will start operations in December 2023.