Toyoda Gosei Launches Corporate Venture Capital Arm

Toyoda GoseiToyoda Gosei Co., a Kiyosu, Japan-based specialty manufacturer of rubber and plastic automotive parts, will establish a corporate venture capital department in January 2019.

The CVC arm will invest in startups that are promising for synergy with Toyoda Gosei’s core technologies, including those with resources and technical abilities in the following four fields:
1) Robotics,
2) Semiconductors,
3) Next-generation automotive parts, and
4) Materials

The department will have an operating budget of 3 billion yen, and will invest it for a period of two years starting in January 2019.

Established in 1949, Toyoda Gosei is a specialty manufacturer of rubber and plastic automotive parts. Today, the group provides a variety of high-quality products internationally, with a network of approximately 100 plants and offices in 18 countries and regions.

FinSMEs

09/11/2018

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