SBI Investment & Nikon launch second CVC fund
SBI Investment, a wholly owned subsidiary of SBI Holdings, has jointly established the “Nikon-SBI Innovation Fund II” with Nikon Corporation on November 1. This Fund will make investments in the latest technologies and services such as aerospace, energy, carbon neutral which are considered as new areas looking beyond Nikon’s Medium-Term Management Plan.
“Nikon-SBI Innovation Fund,” established by Nikon and SBI Investment in July 2016, has been making venture investments globally and has made several business collaborations as well as converting portfolio companies into subsidiaries. As the investment period is coming to an end, Nikon and SBI Investment has launched the new “Nikon-SBI Innovation Fund II.” The size of “Nikon-SBI Innovation Fund II” is JPY 5bn and is expected to operate for a period of seven years.
SBI Investment is a core company in the SBI Group’s Investment Business. As a “New Industry Creator,” SBI Investment invests in venture companies in next-generation growth fields such as AI, blockchain, fintech, IT, biotechnology, healthcare, and environmental energy, as well as operates a CVC business, which fully supports business investments by business corporations. As of November 2023, SBI Investment’s CVC funds have a cumulative investment commitment amount of JPY 138bn, one of the largest in Japan, with support to 20 business corporations.
SBI Investment will continue to contribute to the revitalization of the Japanese economy by leveraging its network and expertise in corporate development to support business and capital alliances between business corporations and its investees.
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