The corporate is putting $9.4m into Sony Innovation Fund: Environment, which will initially invest in environmental technology developers at seed stage.
Japan-based consumer electronics producer Sony has formed a corporate venture capital vehicle called Sony Innovation Fund: Environment that will focus on environmental technologies.
Sony Innovation Fund: Environment will back developers of technology that can address issues such as climate change, the use of resources, biodiversity and possible harmfulness of chemicals. It will initially seek to invest ¥1bn ($9.4m) in startups at seed stage.
The corporate launched CVC unit Sony Innovation Fund in 2016 and formed a growth-stage investment fund with…
