Wonderstone Ventures will target global investments at seed and early stages.
Japanese electronics producer Murata Manufacturing is launching a US-based corporate venture capital arm, Wonderstone Ventures, targeting startup business investments in the US.
It plans to invest $50m over the next five years in next-generation communication, 6G, optics and semiconductors, bioelectronics, environment, robotics and space tech. It will invest globally in seed and early stage startups.
Although Murata already invests in startups, it said it hopes having the CVC will enable it to invest more flexibly and move at a faster pace.
“This is aimed at enhancing Murata’s competitiveness by enabling it to respond to changes in the market, which are occurring at a faster rate than ever before,” it said in a release.
