Sauvage aims to offer our ‘TDK Goodness’ to the greatest minds in India
Tokyo-based TDK Corporation (TSE: 6762) said its innovation hub at Bengaluru will bring together Venture Capitalists and Corporate Venture Capitalists (VCs and CVCs) in an atmosphere of collaboration with entrepreneurs and their many innovative technologies within decarbonization, clean energy, energy storage and industry 5.0.
“At TDK Ventures, we put entrepreneurs first,” states Nicolas Sauvage, President TDK Ventures, Inc., which has opened its first TDK Ventures Innovation Hub in Bengaluru.
“In that spirit, in addition to bringing entrepreneurs to the investors, we want to bring together like-minded investors to support these amazing entrepreneurs,” he said on 1 Mar 2023.
“By physically being near such incredible startups and visionary innovators, we aim to offer our ‘TDK Goodness’ to the greatest minds in India and help accelerate the development of their projects and technologies for use by the greater global ecosystem.”
TDK Ventures invests in startups to bolster innovation within decarbonization, clean energy, energy storage, industry 5.0., and related areas typically underrepresented in venture capital portfolios.
It believes in impact-scaling entrepreneurs, who are creating a new era of sustainability and social value. The firm is entering the Indian market with a mission to accelerate learning, bring meaningful contributions to society, and invest in startups with similar ideals.
TDK Corporation is a world leader in electronic solutions for the smart society and was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products.
Established in 2019 as a wholly-owned subsidiary of TDK Corporation, TDK Ventures co-invests and supports promising portfolio companies by providing technical expertise and access to global markets where TDK operates. fiinews.com
