The fund has been formed as part of a wider technology and research investment drive that will involve up to $8.3bn being spent in the next five years.
Japan-based electronics manufacturer Toshiba has set up a ¥10bn ($89m) corporate venture capital fund, according to chief technology officer Shiro Saito.
The vehicle is part of a plan by Toshiba that will involve it investing up to $8.3bn over the next five years, focusing on areas such as renewable energy technologies, power electronics, robotics and medical technologies covering treatment, screening and diagnostic testing.
Saito said: “In terms of creating new business, we will release the seeds of businesses created in…
