Hitachi Ventures

Hitachi Ventures is the global corporate venture capital (CVC) arm of Hitachi, Ltd., strategically investing in disruptive technologies that align with Hitachi's Social Innovation Business. Based in Munich, Germany, with a global investment mandate, the firm plays a crucial role in fostering innovation both internally and externally for the Hitachi Group, aiming to drive digital transformation and sustainable solutions across various industries.

The firm primarily targets early-stage companies, typically from Seed to Series B, though it can participate in later rounds up to Series C. Their investment thesis centers on areas critical to the future of industry and society, including artificial intelligence, IoT, robotics, digital health, sustainable energy solutions, smart mobility, and advanced industrial technologies. They actively seek startups that offer strong strategic synergies with Hitachi's existing business units, aiming to accelerate the development and adoption of new solutions.

Hitachi Ventures is known for its substantial capital commitments, reflecting the backing of a global conglomerate. Initial investments typically range from €0.5 million to €5 million, which translates to approximately $0.54 million to $5.4 million USD based on recent exchange rates. The firm manages significant capital, notably launching its second fund, Hitachi Ventures Fund 2, in 2022 with a total commitment of €200 million (approximately $216 million USD). This capital enables them to support portfolio companies through follow-on rounds and strategic partnerships.

Beyond capital, Hitachi Ventures offers portfolio companies unparalleled access to Hitachi's vast global network, extensive R&D capabilities, and established market channels. This strategic partnership approach helps startups scale their technologies and products, leveraging Hitachi's deep industry expertise and customer base. As of early 2024, their portfolio includes investments in over 30 companies across various sectors globally, demonstrating their active role in the venture ecosystem and their commitment to co-creating value.