Pegasus companions with firms worldwide to assist them entry rising applied sciences, spend money on revolutionary startups, and speed up open innovation initiatives. | Supply: Pegasus Tech Ventures
Pegasus Tech Ventures at this time introduced the launch of a JPY 10 billion ($60 million U.S.) company enterprise capital, or CVC, fund. The San Jose, Calif.-based enterprise capital agency launched the fund with CYBERDYNE Inc.
The fund will spend money on startups growing applied sciences throughout robotics, bodily AI, healthcare, automation, and clever methods. It’s going to have a specific concentrate on advancing CYBERDYNE’s imaginative and prescient for “human-cyber-physical area” (HCPS) cybernics, fusing people, synthetic intelligence, robotics, and knowledge methods.
Pegasus will function the overall companion of the brand new CVC fund, and CYBERDYNE will take part as the only real restricted companion. Tsukuba, Japan-based CYBERDYNE will use Pegasus’ enterprise capital-as-a-service (VCaaS) community of startups, traders, and company companions.
“Robotics and clever methods have gotten more and more vital in addressing a number of the world’s most urgent challenges,” said Dr. Anis Uzzaman, founder and CEO of Pegasus Tech Ventures. “By our enterprise capital-as-a-service platform, we stay up for connecting CYBERDYNE with main entrepreneurs, breakthrough applied sciences, and strategic alternatives from Silicon Valley and innovation ecosystems that align with their long-term imaginative and prescient.”
Pegasus Tech Ventures bridges world innovators
For greater than a decade, Pegasus Tech Ventures mentioned it has served as a bridge connecting firms throughout Asia with Silicon Valley and the broader world innovation ecosystem. By its VCaaS platform, the firm gives its companions with entry to strategic relationships with a number of the world’s most promising know-how corporations.
Pegasus manages greater than 40 funds and over $2 billion in belongings. It has invested in additional than 300 startups, together with SpaceX, OpenAI, Anthropic, Airbnb, Coinbase, and X (previously Twitter).
CYBERDYNE and Pegasus mentioned they are going to speed up strategic investments, know-how partnerships, and new enterprise alternatives in rising sectors.
CYBERDYNE hopes to collaborate with startups
Based in 2004, CYBERDYNE mentioned it has experience in cybernics, the mix of human biology and know-how “to boost, develop, and regenerate bodily and cognitive capabilities.” The corporate has utilized its applied sciences throughout healthcare, rehabilitation, labor assist, catastrophe response, and industrial robotics.
Its flagship product is the Hybrid Assistive Limb (HAL), an assistive gadget that detects and responds to bioelectric alerts from the wearer. HAL has been extensively adopted in Japan and abroad throughout a broad vary of purposes, significantly within the medical and healthcare sectors.
By the Pegasus partnership, CYBERDYNE mentioned it needs to collaborate with startups and innovation ecosystems worldwide whereas addressing societal challenges similar to ageing populations, workforce shortages, and rising healthcare calls for.
“CYBERDYNE is dedicated to advancing HCPS Cybernics with bodily AI and creating new worth by fusing people, AI-robotics, and knowledge methods,” mentioned Yoshiyuki Sankai, the founder and CEO of CYBERDYNE. “By partnering with Pegasus Tech Ventures and leveraging its world innovation community, we stay up for accelerating know-how growth, enterprise co-creation, and world growth alternatives.”
CYBERDYNE designed the HAL wearable gadget over a decade in the past. Supply: CYBERDYNE
