Omron Ventures’ sophomore vehicle will have a similar focus to its maiden fund, and the unit now has about $130m overall capital under management.
Omron Ventures, the corporate venturing arm of Japan-based automation equipment producer Omron, has formed a second vehicle dubbed OVC2 Investment Limited Partnership.
The fund is set to invest over a five-year period and will focus on factory automation, smart city, digital health and energy management technology developers globally.
Founded in 1933, Omron produces automation parts and medical devices including thermometers as well as blood pressure gauges and nebulisers. It also manufactures automated teller machines and swipe-based card readers.
Omron founder…
