The electronics manufacturer has equipped a corporate venturing subsidiary with an initial $50m to fund early-stage companies developing power and energy technologies.
Japan-based electronics manufacturer TDK Corporation launched a $50m corporate venture capital vehicle called TDK Ventures on Monday.
TDK Ventures will make investments in early-stage companies in technological fields including magnetics, microelectromechanical systems, piezoelectrics, dielectrics, semiconductors, organic materials and neuroelectrical systems.
In a wider sense, those technologies would feed into applications in areas such as digitised healthcare, advanced mobility, robotics, internet-of-things and mixed reality.
The unit is intended to help its parent company unlock new markets and technologies while providing portfolio…
