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§ Venture Capital · Tokyo, Tokyo, Japan
Toyo Kanetsu Corporate Venture Investment Partnership (TKCV) operates as a corporate venture capital fund, established by Toyo Kanetsu Co., Ltd. It actively deploys capital into early-stage venture companies through equity investment. The firm's core capability lies in identifying and nurturing innovative technologies, particularly those that can foster open innovation and strategic alliances with its parent group, thereby facilitating the launch of new business initiatives.
Founded in 2017, TKCV emerged from the established industrial legacy of Toyo Kanetsu Co., Ltd., which began in 1941 as Toyo Kanetsu Kogyo K.K., initially manufacturing industrial kilns. The parent company's sustained involvement in sectors like logistics systems and large storage tank manufacturing provided the strategic insight for TKCV: to leverage external entrepreneurial ecosystems to complement and expand its traditional business scope through strategic partnerships and new ventures.
TKCV's portfolio companies are early-stage ventures developing solutions in areas such as 3D digital technology, artificial intelligence, computer vision for unmanned systems, B2B services, and IoT devices. The partnership's overarching vision is to integrate these innovative technologies and business models with the Toyo Kanetsu Group's operations, promoting symbiotic growth and ensuring the group remains at the forefront of industrial evolution through continuous innovation and strategic expansion.
Toyo Kanetsu Corporate Venture Investment Partnership has 1 tracked investment across 1 company. The latest tracked deal is $30.0M Series A in Accel Robotics in December 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 3, 2019 | Accel Robotics | $30.0M Series A | Softbank | NEW Ground Ventures, Revtech Ventures |