California-based Pegasus Tech Ventures has announced the launch of a $100M fund in cooperation with Japanese chemicals company Denka.
Pegasus has invested in SpaceX, Twitter, Airbnb, etc.
- Pegasus
Tech Ventures is known for its Venture-as-a-Service model, which
invests in startups by partnering with established corporations that
want to enter the VC world.
- Pegasus has invested in over 250
companies worldwide, including SpaceX, Twitter, Airbnb, SoFi, Doordash,
23andMe, Color, Carbon, and many more.
- This fund will invest in startups in the U.S., Europe, Asia, and Israel.
- The firm manages assets that are valued at $2B.
- Denka
is a Japanese that has been active for 107 years. It primarily works in
manufacturing chemicals used in IT, electronics, pharmaceuticals, etc.
