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NEC and SINAI Technologies Collaborate to Create Pathways to Decarbonization

Retrieved on: 
Friday, December 2, 2022
Carbon, Knowledge, Carbon accounting, Data management, Descriptive ethics, Safety, Greenhouse, Climate change, Electricity, CVC, Senior, Data collection, Silent Scope 2, NEC, Ecosystem, Silent Scope 3, Partnership, Business, CO2, Organization, Renewable energy, Agriculture

NOFF invested in SINAI in September 2022, recognizing that SINAI's decarbonization business could greatly contribute to the achievement of NOFF's vision.

Key Points: 
  • NOFF invested in SINAI in September 2022, recognizing that SINAI's decarbonization business could greatly contribute to the achievement of NOFF's vision.
  • NEC and SINAI have now decided to strengthen their relationship, aiming to create new social value and contribute to a carbon-free society.
  • Through this, the two companies aim to create an ecosystem for clients seeking to achieve decarbonization.
  • NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world."

NEC Orchestrating Future Fund, an Ecosystem-type CVC Fund, Completes Final Close for US$140 Million

Retrieved on: 
Wednesday, November 30, 2022
Growth, Communication, FUTURE, CVC, Life, NTT, Descriptive ethics, Environment, Senior, NEC, ICT, Development, Fund, General partner, General partnership, CO2, Sumitomo Mitsui Trust Holdings, TSE, Investment, Safety, Video game, Limited

TOKYO, Nov 30, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has completed the final close of the "NEC Orchestrating Future Fund"(1), an ecosystem-type corporate venture capital (CVC) fund established in December 2021 for US$140 million (approximately 20 billion yen).

Key Points: 
  • TOKYO, Nov 30, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has completed the final close of the "NEC Orchestrating Future Fund"(1), an ecosystem-type corporate venture capital (CVC) fund established in December 2021 for US$140 million (approximately 20 billion yen).
  • NEC will accelerate the creation of new social value through co-creation with international and domestic startups that pioneer new markets with cutting-edge technologies and innovative business models.
  • The Fund bundles investments by various investors and invests in startups with promising growth based on the judgement of the General Partner.
  • (1) Registered as: NEC AND TRANSLINK ORCHESTRATING FUTURE FUND, L.P.
    NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world."