Kyocera has announced their establishment of a Corporate Venture Capital (CVC) fund, the Kyocera Ventures Innovation Fund No. 1.

Launching in April, the fund will have a size of 6 billion yen (about US$40 million) and will invest primarily in startup companies in Japan and Asia. The fund will focus on cutting-edge fields such as environment and energy, healthcare, information and telecommunications, mobility, and nuclear fusion. Between 30 and 300 million yen will be granted per investment.

Kyocera will manage the fund together with Shibuya-based venture capital firm Global Brain. This is the first time for Kyocera to establish a CVC, and it demonstrates the company's aggressive approach to creating new businesses and incorporating cutting-edge technologies in addition to its existing businesses such as ceramic components.

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