Cyberdyne Teams Up with Pegasus Tech Ventures to Launch 10 Billion Yen Fund
Cyberdyne (TYO:7779) has entered into a strategic business alliance with Silicon Valley-based global venture capital firm Pegasus Tech Ventures, establishing a 10 billion yen investment fund to jointly promote strategic investments in the Cybernics industry, according to a Tokyo bourse filing on Monday.The fund, named Pegasus Tech Ventures, was established on March 30, with Cyberdyne contributing 99.9% as a Limited Partner and Pegasus holding 0.1% as the General Partner over a 10-year investment period starting June 1.Through this partnership, Cyberdyne aims to strengthen access to promising startups and advanced technologies worldwide, accelerating the development of HCPS Cybernics with Physical AI, a human-centered approach that fuses biological systems, medical systems, AI, robotics, and information systems.The alliance forms part of Cyberdyne's broader growth strategy to create global business opportunities and expand its presence in the Cybernics industry, which the company envisions as a new core industry following robotics and IT.
