Japan robot suit company leading new startup fund for healthcare and AI

Cyberdyne, the developer of robot suit Hal, announced on Thursday that it has set up a fund to support tech-specialist startups.

The fund was started with five partners: Daiwa House Industry,Sompo Japan Nipponkoa, Daido Life Insurance, Mizuho Bank and its venture capital unit Mizuho Capital.

The fund has initially raised 9.2 billion yen ($81.9 million), and plans to invest in areas such as medical and healthcare, robotics, and artificial intelligence over the 10-year investment period.

The fund aims to eventually raise 20-30 billion yen in total, through CEJ Capital, an investment vehicle set up by Cyberdyne, Mizuho Capital and venture capitalist Global Brain in December. It will spend 30 million yen to 2 billion yen on each startup.

Led by Yoshiyuki Sankai, Cyberdyne president and University of Tsukuba professor, the fund’s mission is to discover high-potential businesses specializing in advanced technology in areas such as medicine and healthcare, and support them from the research phase to commercialization.

Potential investees will be able to bring synergies with Cyberdyne’s robot suits designed to provide walking assistance to patients, or create new, related markets.

Enjoy our free content ? Try our Legend services.

  • Star Level
  • Access to Grendz and the right to READ and SHARE our science techie green pins
  • The right to WRITE and SHARE your OWN science techie green pins
  • WEEKLY mind-blowing e-report with trends and news
  • First to know about new trends and news
  • No ads and no sales pitch
  • A special pin a month, posted by us, highlighting your own business
  • Our iOS app for free
  • Weekly social media promotions of your own pins
  • Customization on which trends categories you want us to follow closer.
  • 24h Support (via e-mail)
  • Cancel anytime your renewal
FREE
The Plain Vanilla Level
$0
LEGEND
A Lot To Gain
And Nothing To Lose
The best way to get the most out of Grendz.
$300/yearly
Share on Pinterest
More share buttons
Share with your friends










Submit