HomeFinTechPanasonic: Launches Conductive Ventures II Committing Additional $150M

Panasonic: Launches Conductive Ventures II Committing Additional $150M

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  • Panasonic Corporation announced today the launch of Conductive Ventures II, with a commitment of $150m, a 50% increase from the first fund
  • Then the new fund will invest in expansion stage enterprise software and hardware technology companies in the areas
  • The first fund invested in companies such as Ambiq Micro, Blueshift, CSC Generation, Desktop Metal, Gen. G, Jackpocket, Proterra, Self, Sprinklr, Survata and Versatile
  • Panasonic has invested in Silicon Valley startups for over 20 years since 1998
  • The company has been supporting these portfolio companies by providing business development and sales and cross-border expertise
  • By collaborating with these technology companies to explore new business opportunities, the company seeks strong financial returns and potential to drive future growth
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