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Tdk Ventures Closes $150 Million Fund For Early-Stage, Materials Science And Hard-Tech Startups

Tdk Ventures Closes $150 Million Fund For Early-Stage, Materials Science And Hard-Tech Startups

04/12/21, 1:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$150 million
TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures Inc. has closed its second fund, totaling $150 million in new capital. The new fund will primarily target early-stage, global investments in clean technology, advanced materials, industrial, robotics, energy, autonomous vehicles, electric vehicles, and healthtech segments. TDK Ventures’ total assets under management is now $200 million.

Company Info

Company
Tdk Oration
Location
san jose, california, united states
Additional Info
TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately “Attracting Tomorrow.” It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2020, TDK posted total sales of USD 12.5 billion and employed about 107,000 people worldwide.