The unmanned aerial vehicle developer is set to launch a $9.5m vehicle next month that will invest in startups working on areas related to its main business.

Japan-based autonomous robotics technology developer Autonomous Control Systems Laboratory (ACSL) announced on Wednesday that it will form a corporate venture capital (CVC) arm next month.

Plans for the vehicle were first revealed in the company’s medium-term management direction report, ACSL Accelerate 2020, in August this year.

ACSL I Limited Liability Partnership is set to run until March 2030, though that period may be extended. The maximum fund size will be ¥1bn ($9.5m) and its activities will be overseen by Satoshi…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.