Hitachi Invests in Venture Capital Fund to Accelerate Open Innovation

By • on March 30, 2018

The Asia One website reported that Hitachi has agreed to invest in a fund managed by Geodesic Capital, a venture capital company active mainly in Silicon Valley. By investing in this fund, Hitachi will help to accelerate open innovation with startup companies in Silicon Valley using Geodesic Capital’s network. In addition to the investment, Hitachi America will establish its new Global Open Innovation Division as an organization dedicated to open innovation. John Roos Co-Founder of Geodesic Capital said “We look forward to working with Hitachi’s team in Silicon Valley to support their strategic objectives and focus on open innovation.”

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