Mitsubishi Electric Invests in AT PARTNERS III L.P. Fund Targeting VCs
Japan, June 3 -- Mitsubishi Electric Corporation announced that it has invested as an anchor limited partner (LP) in the AT PARTNERS III L.P. fund, which employs a fund-of-funds** approach to make diversified investments in leading overseas venture capital (VC) firms. Through this investment, Mitsubishi Electric aims to strengthen its open innovation with startups and accelerate the creation of new businesses in response to rapidly evolving market conditions and technological advancements.Tokyo-based AT PARTNERS Inc. invests in venture capital funds across the United States, Europe, and Israel. Leveraging its proprietary corporate analysis data platform, the company efficiently gathers and analyzes information on high-potential overseas sta...
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