Nikon established a new $51.5 million “NFocus Fund” in California to invest in North American startups: “NFocus Fund, a Geodesic Capital managed Fund, together with Nikon Ventures Corporation (NVC), a subsidiary of Nikon located in Belmont, California, will directly engage with startups and partners in North America and other key locations, fostering partnerships, developing human resources, and creating synergies to expand Nikon’s technological and business strategies. This partnership is based on Geodesic’s strong network within Silicon Valley, its understanding of Japanese companies and culture, and its track record of successful investments.” Additional information: Nikon Invests in New Venture Fund – aims to accelerate innovation and inorganic growth August 27, 2024 TOKYO – Nikon Corporation (Nikon) today announced that Nikon and Geodesic Capital have established NFocus Fund, a new private fund, on August 6, with Nikon as the anchor limited partner. As set forth in its Medium-Term Management Plan (FY2022 – 2025), Nikon aims by 2030 to become a key technology solutions company in a global society where humans and machines co-create seamlessly. In order to achieve this goal and further the growth of Nikon, NFocus Fund will invest in early to mid-stage startups and collaborate with partners to enhance Nikon’s technological innovation in several fields of strategic interest. NFocus Fund, a Geodesic Capital managed Fund, together with Nikon Ventures Corporation (NVC), a subsidiary of Nikon located in Belmont, California, will directly engage with startups and partners in North America and other key locations, fostering partnerships, developing human resources, and...
Published By: Nikonrumors - Tuesday, 27 August