The Panasonic corporation announced in April, 2017 creation in April of new company Panasonic Ventures, LLC. which will specialize in venture investments into startups. The office of the company will be located in California, the USA. Initial investment volume is estimated at the level of 100 million dollars.
Cooperation of Panasonic with representatives of Silicon Valley, the disruptive technologies which are engaged in creation, lasts about 20 years, since 1998. The Japanese corporation provided them with own know-how, the qualified technical support and consultation.
In the future Panasonic Ventures in cooperation with external investors will select and initiate a financial support of the startups having a unique business model, a product or service. At the same time spheres of their activity will not be limited to spheres of business of Panasonic. Thus, the Japanese corporation expects to open new opportunities for growth and creation of essentially new business directions in the future.
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