{"id":19623,"date":"2023-06-19T14:00:00","date_gmt":"2023-06-19T14:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4131860_AE31860_0"},"modified":"2023-06-19T14:00:00","modified_gmt":"2023-06-19T14:00:00","slug":"tdk-ventures-expands-into-europe-will-use-new-150-million-fund-ex1-to-invest-in-clean-tech-startups","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=19623","title":{"rendered":"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups"},"content":{"rendered":"<ul type=\"disc\">\n<li>TDK Ventures selected <span class=\"xn-location\">London<\/span> for its first European office<\/li>\n<li>New <span class=\"xn-money\">$150-million<\/span> (USD) multi limited-partner Fund EX1 (EX = energy transformation) will focus on both European and North American-based electrification and decarbonization startups<\/li>\n<li>TDK Ventures&#8217; mission and values to invest in climate tech startups align with <span class=\"xn-location\">Europe&#8217;s<\/span> ambitious goals to reduce greenhouse gas emissions by 50% and reach net-zero emissions by 2050<\/li>\n<\/ul>\n<p><span class=\"xn-location\">SAN JOSE, Calif.<\/span>, <span class=\"xn-chron\">June 19, 2023<\/span> \/PRNewswire\/ &#8212; TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures Inc., its corporate venture capital arm, is expanding into the European market with plans to invest in startups in the region. The company selected <span class=\"xn-location\">London<\/span> as the site of its first outpost for its ambitious quest to nurture energy transition, electrification, and decarbonization throughout <span class=\"xn-location\">Europe<\/span>. At the same time, TDK Ventures will initiate its <span class=\"xn-money\">$150-million<\/span> (USD) multi-LP Fund EX1. The fund will focus on both European and North American-based energy-transformation startups in Seed and Series A stages.<\/p>\n<p>After <a href=\"https:\/\/medium.com\/@TDKVentures\/why-we-chose-the-uk-as-our-first-outpost-for-electrification-and-decarbonization-of-europe-3803f068b1a\" target=\"_blank\" rel=\"nofollow noopener\">thorough research<\/a>, TDK Ventures chose <span class=\"xn-location\">London<\/span> due to its deep venture-capital density as well as startups and investment funds that focus on the environment. The company also was impressed with the city&#8217;s overall venture innovation ecosystem that comprises entrepreneurially minded scientific talent, a world-class university system, top-tier climate investors (both early and growth), centralized location, and access to strong public markets.&nbsp;<\/p>\n<p>&#8220;TDK Ventures has earned a reputation for successfully investing in and supporting highly innovative startups featuring incredible disruptive technologies in the realm of electrification and decarbonization,&#8221; stated Lord <span class=\"xn-person\">Dominic Johnson<\/span>, UK Minister of State in the Department for Business and Trade, who is a veteran of over 25 years in the financial-services industry. &#8220;I wish them much success in their efforts in combatting the many climate issues that face us. I am thoroughly delighted <span class=\"xn-location\">London<\/span> was chosen as the site for their first European office and I look forward to their participation in the European market and enthusiastically welcome them to the city of <span class=\"xn-location\">London<\/span>.&#8221;<\/p>\n<p>&#8220;Globally, <span class=\"xn-location\">London<\/span> ranks third in climate-tech funding, and third in the number of climate and energy-tech investors,&#8221; explained <span class=\"xn-person\">Nicolas Sauvage<\/span>, President, TDK Ventures. &#8220;The latter ranking rises to No. 2 in the world when all of the UK is included. It also has corporate-friendly governance as well as familiar taxation, board structures, and a legal environment for venture-backed startups to find appropriate exits. This, coupled with the presence of many large-scale, late-stage, and growth-equity funds led us to decide on <span class=\"xn-location\">London<\/span> as our first outpost in <span class=\"xn-location\">Europe<\/span>.&#8221;<\/p>\n<p>Sauvage continued that &#8220;TDK Ventures is very thankful for and appreciative of the strong support we have received from the Venture Capital Unit of the UK Government Department for Business and Trade over recent years.&#8221;&nbsp;<\/p>\n<p>The recent breakthroughs in materials science and advanced manufacturing in the European Union have created a watershed era for electrification and decarbonization projects. TDK Ventures has a history of helping entrepreneurial organizations in this space access the resources they need to scale production and commercialize their products as key components of global carbon neutrality.<\/p>\n<p>&#8220;I am delighted that TDK Ventures has chosen <span class=\"xn-location\">London<\/span> as the site of its first European office,&#8221; said <span class=\"xn-person\">Natalie Black<\/span>, His Majesty&#8217;s Trade Commissioner for <span class=\"xn-location\">Asia Pacific<\/span>. &#8220;Including UK companies as potential recipients in its new <span class=\"xn-money\">$150-million<\/span> Fund EX1 is a testament to the strength of the UK&#8217;s tech sector, which raised <span class=\"xn-money\">$31.1 billion<\/span> in VC funding last year, making the UK the third largest market in the world for tech investment. I look forward to seeing TDK Ventures thrive in the UK in supporting our efforts to tackle climate change.&#8221;<\/p>\n<p>To learn more about TDK Ventures, interested startups or investment partners should visit <a href=\"http:\/\/www.tdk-ventures.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.tdk-ventures.com<\/a>&nbsp;or reach out at <a href=\"mailto:contact@tdk-ventures.com\" target=\"_blank\" rel=\"nofollow noopener\">contact@tdk-ventures.com<\/a>.&nbsp;<\/p>\n<p><b>About TDK Corporate<\/b><\/p>\n<p>TDK Corporation is a world leader in electronic solutions for the smart society based in <span class=\"xn-location\">Tokyo, Japan<\/span>. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately &#8220;Attracting Tomorrow.&#8221; It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK&#8217;s comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in <span class=\"xn-location\">Asia<\/span>, <span class=\"xn-location\">Europe<\/span>, and in North and <span class=\"xn-location\">South America<\/span>. In fiscal 2023, TDK posted total sales of <span class=\"xn-money\">USD 16.1 billion<\/span> and employed about 103,000 people worldwide.<\/p>\n<p><b>About TDK Ventures<\/b><\/p>\n<p>TDK Ventures Inc. invests in startups to bolster innovation in materials science, energy\/power and related areas typically underrepresented in venture capital portfolios. Established in 2019 as a wholly-owned subsidiary of TDK Corporation, the corporate venture company&#8217;s vision is to propel the digital and energy transformations of segments such as health and wellness, next-generation transportation, robotics and industrial, mixed reality and the wider IoT\/IIoT markets. TDK Ventures will co-invest and support promising portfolio companies by providing technical expertise and access to global markets where TDK operates. Interested startups or investment partners may contact TDK Ventures: <a href=\"https:\/\/www.tdk-ventures.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.tdk-ventures.com<\/a>&nbsp;or <a href=\"mailto:contact@tdk-ventures.com\" target=\"_blank\" rel=\"nofollow noopener\">contact@tdk-ventures.com<\/a>.<\/p>\n<p>You can download this text and associated images from <a href=\"http:\/\/www.tdk-ventures.com\/tdk-ventures-expands-into-Europe-will-use-new-150-million-Fund-EX1-to-invest-in-clean-tech-startups\/\" target=\"_blank\" rel=\"nofollow noopener\">http:\/\/www.tdk-ventures.com\/tdk-ventures-expands-into-Europe-will-use-new-150-million-Fund-EX1-to-invest-in-clean-tech-startups\/<\/a><\/p>\n<p>Contacts for regional media<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TDK Ventures selected London for its first European office New $150-million (USD) multi limited-partner Fund EX1 (EX = energy transformation) will focus on both European and North American-based electrification and decarbonization startups TDK Ventures&#8217; mission and values to invest in climate tech startups align with Europe&#8217;s ambitious goals to reduce greenhouse gas emissions by 50% [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-19623","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=19623\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups - My Blog\" \/>\n<meta property=\"og:description\" content=\"TDK Ventures selected London for its first European office New $150-million (USD) multi limited-partner Fund EX1 (EX = energy transformation) will focus on both European and North American-based electrification and decarbonization startups TDK Ventures&#8217; mission and values to invest in climate tech startups align with Europe&#8217;s ambitious goals to reduce greenhouse gas emissions by 50% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=19623\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-19T14:00:00+00:00\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups\",\"datePublished\":\"2023-06-19T14:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623\"},\"wordCount\":933,\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623\",\"name\":\"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"datePublished\":\"2023-06-19T14:00:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=19623#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=19623","og_locale":"en_US","og_type":"article","og_title":"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups - My Blog","og_description":"TDK Ventures selected London for its first European office New $150-million (USD) multi limited-partner Fund EX1 (EX = energy transformation) will focus on both European and North American-based electrification and decarbonization startups TDK Ventures&#8217; mission and values to invest in climate tech startups align with Europe&#8217;s ambitious goals to reduce greenhouse gas emissions by 50% [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=19623","og_site_name":"My Blog","article_published_time":"2023-06-19T14:00:00+00:00","author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=19623#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=19623"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups","datePublished":"2023-06-19T14:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=19623"},"wordCount":933,"articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=19623","url":"https:\/\/transmediavictoria.net.au\/?p=19623","name":"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"datePublished":"2023-06-19T14:00:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=19623#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=19623"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=19623#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"TDK Ventures expands into Europe; will use new $150-million Fund EX1 to invest in clean-tech startups"}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/19623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19623"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/19623\/revisions"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}