Hitachi Corporate Venture Capital Fund

www.hitachi.co.jp/cvc/e

Foreign Corporate VC

Ceased to Operate Q4/2018

Tech Verticals Preferences

Biomed, Consumer-Oriented Software, Digital Health, Industrial Technologies, Medical Devices, Semiconductors, Software Technologies

General Data

Established	2000
Current Active Portfolio Companies:	1

DESCRIPTION

Hitachi Corporate Venture Capital Fund (Hitachi CVC) invested in promising technology startup companies. The mission of the Hitachi CVC Fund was to explore new business frontiers and accelerate the creation of new business opportunities in line with the objectives of the Hitachi plan.

Specifically, the main aim of the Hitachi CVC Fund was to seek out globally and invest in high technology entrepreneurial ventures developing innovative technologies and concept in the progressive business fields, such as next-generation Internet technologies or biotechnology. Hitachi built collaborative structures among the venture businesses and provided its own technology, sales networks and business resources to nurture and incubate these ventures. The fund was also preparing for spin-offs innovated within Hitachi itself. In addition, through such investment activities, Hitachi also expects to acquire knowledge of, and access to, new technologies and market trends, on a timely basis, which can be utilized in the Hitachi's own business strategies.

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		Hitachi Ltd.
6523CDE2-3271-EC11-B80D-00505695CD29	Investment Arm	Hitachi Ventures	Hitachi Ltd.
A9A5DB50-207A-E111-AC59-00155D32A403	Investment Arm	Hitachi Corporate Venture Capital Fund	Hitachi Ltd.	Ceased
	Subsidiary	Hitachi Vantara Corp.	Hitachi Ltd.
0DA60847-8F9F-E811-80F7-0050569A1018	R&D Center	Hitachi Vantara Israel Ltd.	Hitachi Vantara Corp.

CONTACT INFO

Expand / Collapse All

Main Address: Tokyo, Japan

Address	6-6, Marunouchi 1-chome, Chiyoda-ku
City	Tokyo
Country	Japan
Zip	100-8280

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Santa Clara, United States

Address	750 Central Expressway
City	Santa Clara
State/Province	CA
Country	United States
Zip	95050-2627

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Investment Data

Managed Capital

abCDe

Preferences

Type of Financing	Equity
Stage Preferences	Initial Revenues,R&D,Revenue Growth,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Enterprise Software & Infrastructure

100%

	PORTFOLIO COMPANIES

Current Portfolio Companies (1)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

PureSight

Ent. SW

First Round

10/09/2003

N/A

$3.1m

Current VC Fund Portfolio (1)

Fund Name

Fund Type

Date Announced

Amount

Remarks

Delta Fund I LP

Venture Capital Fund

01/01/2001

N/A

Exits (6)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	Acquired	05/11/2002	abCDe
abC Defghij	Acquired	03/02/2010	abCDe	Cash and shares deal.
abC Defghij	Acquired	26/05/2005	abCDe	In cash.
abC Defghij	Acquired	26/07/2004	abCDe	In stock
abC Defghij	Acquired	29/11/2010	abCDe	In cash.
abC Defghij	IPO	26/07/2007	abCDe

Historic Portfolio (3)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Bug-Life Ltd.

Ceased to Operate

Ent. SW

First Round

01/09/2000

N/A

$4m

Horizon Semiconductors

Ceased to Operate

Semicon.

Second Round	01/12/2005	N/A	$18.75m
First Round	19/11/2004	N/A	$16m

Vertex II

N/A

Investment in Fund

01/01/2000

N/A

$160m

Last Updated:	abCDe
IVC Number:	abCDe