Pegasus Tech Ventures Partners with Mitsubishi Materials

Pegasus Tech Ventures, a global VC firm in Silicon Valley, has teamed up with Mitsubishi Materials Corporation. President Tetsuya Tanaka leads this top non-ferrous metals manufacturer in Tokyo. The partnership wants to use the strengths of both firms.

The goal of the collaboration is to enhance Mitsubishi Materials’ innovation efforts. It will tap into Pegasus‘ global investment network and its know-how in corporate innovation.

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Mitsubishi Materials will accelerate adopting new business models and ideas from leading startups in materials technology through this partnership. The initiative will target key areas. These include the United States, especially Silicon Valley, Europe, and Asia. This will help the company grow its global innovation ecosystem.