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Business trends

Sony and Suzuki join investors focused on digital transformation

WiL's $911m venture capital fund to target startups working on decarbonization

Suzuki and Sony are among the big Japanese companies backing a new venture fund that is seeking to invest in startups with promising digital and environmental technologies.    © Reuters

TOKYO -- Sony Group, Suzuki Motor and other big Japanese companies are set to back a fund focused on investing in new companies that are developing technologies related to digital transformation and decarbonization, Nikkei has learned.

The companies will participate in a startup investment fund to be launched by California-based venture capital firm WiL in June with a maximum fund size of 100 billion yen ($911 million).

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