The $10m investment fund formed by the electronic components manufacturer and its Taiyo America subsidiary will target developers of technologies and products related to its core business.
Japan-headquartered chemicals producer Taiyo Holdings and its US-based subsidiary, Taiyo America, have teamed up with venture capital firm Pegasus Tech Ventures to form a $10m corporate venture capital (CVC) vehicle.
Taiyo CVC Fund will operate for a period of seven years which can be extended, and its capital can be increased to $30m through a capital call process.
Taiyo Holdings was founded in 1953 and its main business centres on the manufacturing of solder mask, an insulating ink that protects…
