TDK Corp. announced its corporate venture capital subsidiary TDK Ventures Inc. has launched Fund 3, a $150 million fund focused on deeptech startups.
Fund 3 succeeds Fund 1 and 2 and increases TDK Ventures’ total assets under management to $500 million. Fund 3 will use the same strategy in targeting seed to Series B early-stage startups to invest in generative AI, data centers, next-generation materials, climate tech, robotics and electrification of multiple sectors.
“Fund 3 reflects our continued confidence in [TDK Ventures’] ability to uncover what’s next and empower the innovators who will shape the world for generations to come—while also unlocking new pathways for TDK’s own growth, innovation, and long-term relevance in an ever-evolving technological landscape,” said Noboru Saito, president and CEO of TDK Corp.
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