NTT Group is preparing to launch a third corporate venturing fund in July this year aimed at technologies such as artificial intelligence.
Japan-based telecommunications firm NTT Group is looking to create a ¥20bn ($188m) third corporate venturing fund in July this year, it has announced.
The fund, NTT Investment Partners (NIP) Fund III, will be managed by NTT Docomo Ventures, the corporate venturing unit operated by NTT Group’s mobile network subsidiary, NTT Docomo.
NTT Group and NTT Docomo Ventures will back the fund alongside the corporate’s financial services arm, NTT Finance.
NIP Fund III will focus on sectors such as artificial intelligence,…
