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Nagase & Co. Expands CVC Efforts with New Subsidiary and Fund


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  Nagase & Co ( ($JP:8012) ) just unveiled an announcement. Nagase & Co., Ltd. has announced the establishment of a new subsidiary, Nagase Future

Nagase & Co., a Japanese conglomerate, has announced the establishment of a new subsidiary, Nagase Value Creation Investment, to enhance its corporate venture capital (CVC) activities. This move aims to accelerate the company's growth by investing in and nurturing startups, particularly in the fields of life sciences, mobility, and digital transformation. Additionally, Nagase has launched a new fund, the Nagase Innovation Fund, with an initial investment of 10 billion yen ($67 million). This fund will not only invest in startups but also support the development of new businesses within Nagase's existing operations. The strategy is part of Nagase's broader goal to foster innovation, drive digital transformation, and expand its business portfolio through strategic investments and partnerships.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/nagase-co-expands-cvc-efforts-with-new-subsidiary-and-fund/ar-AA1zrg6P ]

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