Suzuki Motor Corporation has announced that Suzuki Global Ventures (SGV), a Silicon Valley-based corporate venture capital fund, is available as of October 2022.
Suzuki commissioned SGV to deliver the values that customers and society demand and deserve. This structure is planned to accelerate the joint production activities between Suzuki and start-ups and create new business and business models.
By making SGV the access point of the start-up ecosystem, Suzuki aims to invest in addressing the problems facing customers and society globally.
It is also envisaged that SGV will contribute to the development of an ecosystem of cooperation and innovation between companies and start-ups.
Regarding their new venture, Toshihiro Suzuki, President of Suzuki Motor Corporation, said, “Since its inception, Suzuki has made it its mission to serve society by putting itself in the shoes of its customers and understanding their perspectives. It continues to protect the basic principle that always tries to solve the problems of the customers. We are excited to take the same steps to address social issues by collaborating and creating innovations with start-ups that share Suzuki's mission.” used the phrases.
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