Shimadzu Corporation, a Japanese company manufacturing precision instruments, measuring instruments and medical equipment, has launched a corporate venture capital (CVC) fund, the Shimadzu Future Innovation Fund L.P. (Shimadzu FIF) with Global Brain Corporation, an independent venture capital firm.

Shimadzu FIF will be managed for ten years with a total investment of 5 billion yen. Shimadzu plans to invest in seed-stage startups and early-stage startups that are in the process of launching their businesses before their prospects are clear.

Through the management of the newly established Shimadzu FIF, Shimadzu will invest in startups with technologies and expertise that closely match Shimadzu’s and support them through collaboration, which will lead to the growth of Shimadzu’s products and services and the creation of new businesses.

The main investment areas will be Healthcare, Green Transformation, Materials, and Industry. Global Brain, which co-founded Shimadzu FIF, has an extensive track record of investments in the deep-tech field both in Japan and overseas.