Fujitsu accelerates investment in promising tech start-ups with establishment of 10bn yen corporate venture capital fund and management subsidiary
Fujitsu today announced the establishment of Fujitsu Ventures Fund, a corporate venture capital (CVC) fund totalling 10 billion yen, under the management by the subsidiary Fujitsu Ventures. The new fund will target investments in promising tech companies globally, including in Japan, the US, Europe and Israel, and represents a key tool in a growth investment strategy to drive innovation and accelerate digital transformation (DX).
Following the establishment of Fujitsu’s first CVC fund in 2006, a second and third fund were subsequently established in 2010 and 2015. With these funds, Fujitsu has made investments in promising start-ups both in Japan and abroad, to deliver encouraging results. In 2015, Fujitsu additionally initiated its FUJITSU ACCELERATOR programme to boost co-creation venture activities. To date, the programme has successfully promoted co-operation with more than 100 global start-ups in the tech space. In 2020, the Strategic Growth & Investment team was established to lead Fujitsu Group’s inorganic activities, which include investments into start-ups.
Partnering with dynamic start-ups represents an increasingly important priority in today's competitive business environment, serving as an engine for growth through innovation and DX. To this end, Fujitsu will establish a new CVC fund to further enhance the Strategic Growth & Investment team’s start-up investment capabilities and to enable more agile investments and further amplify the impact of its growth investment strategy, which remains a central element in its management direction policy. Fujitsu will make investments to bolster the foundation of innovative technologies that underlies DX and to create new business opportunities, by encouraging greater collaboration between start-ups and the company with a deeper involvement in the FUJITSU ACCELERATOR programme.
Overview of the CVC fund
|Name of the fund||Fujitsu Ventures Fund LLC|
|Fund Size||10 billion yen|
|Investors||Fujitsu Limited (99.9%), Fujitsu Ventures Limited (0.1%)|
|Date Established||April 1, 2021|
|Investment period||10 years|
|Investment target||Startups in Japan and overseas working with Fujitsu|
|Investment area||Global (Mainly Japan, USA, Europe, Israel)|
Overview of CVC management subsidiaries
|Company Name||Fujitsu Ventures Limited|
|Representative Director||Hideaki Yajima|
|Capital||50 million yen (100% stake in Fujitsu Limited)|
|Location||9-2, Otemachi 1-chome, Chiyoda-ku, Tokyo Otemachi Financial City Grand Cube 3rd floor|
|Date of Establishment||March 1, 2021 (Project Start Date: April 1, 2021)|
Related Web sites
Fujitsu Ventures Limited Corporate Site