Sony Establishes “Sony Innovation Fund: Environment” to Nurture Ventures Specializing in Environmental Technology
September 10, 2020
Sony Corporation (hereafter “Sony”) established the corporate venture capital fund, “Sony Innovation Fund: Environment,” in September 2020, to nurture ventures specializing in new environmental technology.
Sony established the Sony Innovation Fund in July 2016 to invest in seed to early-stage startups. With offices in Japan, North America, Europe and India, Sony has made more than 60 investments to date in a wide range of business areas, from AI and robotics to mobility, IoT, medical, fintech and entertainment.
In March 2019, Sony established a joint venture company, Innovation Growth Ventures, Inc., with Daiwa Capital Holdings, Inc. to form a larger joint fund, Innovation Growth Fund I L.P. Sony has also been investing in mid- to later-stage ventures through this fund.
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