NTTVC Launches $500M Fund

NTTVC, a Palo Alto, Calif.-based venture capital firm formed in collaboration with NTT, launched a $500m fund.

venture capital

Founded by entrepreneur and investor Vab Goel, NTTVC invests across all stages and sectors, with a focus on the future of enterprise, digital health and innovations powered by AI, machine learning and data.

The firm is also announcing investments in five startups delivering impactful innovations for businesses and consumers: 

  • Celona, 
  • Eko, 
  • nference, 
  • Shoreline, and 
  • UDP Labs.

Beyond capital, the firm also offers access to a network of industry experts, customers, entrepreneurs, business leaders, system integrators and service providers who can help startups make more informed strategic decisions.

Led by Jun Sawada, President and CEO, NTT is a $109 billion, top five global technology service provider serving 75 million mobile subscribers, 3 million businesses and 120,000 enterprise customers with a local presence in over 80 countries.

The team also includes:

  • Partner Fay Hazaveh Costa, and
  • Mike Koenig, Portfolio Development Partner.

FinSMEs

26/10/2020

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