TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Jun 29, 2020 14:08 JST
Source:
Toyota Motor Corporation
SPARX Group Establishes Space Frontier Fund
TOKYO, Jun 29, 2020 - (JCN Newswire) - SPARX Innovation for the Future Co., Ltd. (SIF)--a subsidiary of SPARX Group Co., Ltd. (SPARX; TSE1: 8739)--today announced that it established the Space Frontier Fund. The Fund primarily aims to support human resources and technology development in space-related industries, to foster Japanese space companies that are competitive on the world stage, and to contribute to technological innovation throughout Japan.
Casting technologies that "promote the exploitation of space" as core technologies of the future, the Space Frontier Fund invests in start-ups and other organizations that boast innovative technologies in related sectors. Even as COVID-19 continues to have a significant impact on life and society, the Fund helps accelerate the pace of innovation by financing companies' and projects' business development in technologies that will drive future growth.
Managed by general partner (GP) SIF, the Space Frontier Fund began operations in June with its initial total capital of JPY 8.2 billion financed through contributions from its limited partners (LP).
By December 31, 2020, the goal is to have gathered a total of JPY 15 billion in capital through additional contributions from investors that endorse the objectives of the new fund.
Source: Toyota Motor Corporation
Sectors: Automotive
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
TOYOTA GAZOO Racing takes a one-two in Croatian thriller
April 22 2024 09:47 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
April 18 2024 12:39 JST
Lexus presents Time at the 2024 Milan Design Week
April 16 2024 17:49 JST
New circuit challenge for TOYOTA GAZOO Racing
April 15 2024 16:21 JST
TOYOTA GAZOO Racing back on asphalt for Croatian challenge
April 12 2024 18:36 JST
Daihatsu and Toyota to Reform Structures towards the Revitalization of Daihatsu
April 08 2024 12:37 JST
Toyota Completes Toyota Technical Center Shimoyama Research and Development Facility for Making Ever-better Cars
April 02 2024 10:28 JST
TOYOTA GAZOO Racing roars to fourth successive Safari triumph
April 01 2024 09:47 JST
Toyota Releases Sales, Production, and Export Results for February 2024
March 28 2024 12:35 JST
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles
March 27 2024 14:13 JST
More Press release >>
Latest Press Release
Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date
Apr 24, 2024 17:19 JST
MC and Denka Sign J/V Agreement in Fullerene Business
Apr 24, 2024 17:02 JST
Mitsubishi Motors Posts Record Sales in the Philippines in FY2023
Apr 24, 2024 13:56 JST
NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
Apr 24, 2024 13:25 JST
Fujitsu SX Survey reveals key success factors for sustainability
Apr 23, 2024 10:25 JST
Fujitsu and METRON collaborate to drive ESG success: slashing energy costs, boosting productivity with new manufacturing industry solutions
Apr 22, 2024 16:09 JST
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
Apr 22, 2024 15:09 JST
Soft Space Launches the First and Only JCB Payment Gateway in Malaysia
Apr 22, 2024 15:00 JST
TOYOTA GAZOO Racing takes a one-two in Croatian thriller
Apr 22, 2024 10:47 JST
First-ever Mazda CX-80 Crossover SUV Unveiled in Europe
Apr 19, 2024 13:50 JST
Fujitsu develops technology to convert corporate digital identity credentials, enabling participation of non-European companies in European data spaces
Apr 19, 2024 10:17 JST
Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas
Apr 18, 2024 17:01 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
Apr 18, 2024 13:39 JST
Fujitsu and Oracle collaborate to deliver sovereign cloud and AI capabilities in Japan
Apr 18, 2024 11:14 JST
Eisai: Research on Treatments for Alzheimer's Disease Based on Its Pathological Mechanisms Recieves Award for Science and Technology (Research Category)
Apr 18, 2024 10:53 JST
All-New Triton Confirmed as First Double-Cab Pickup Truck to Achieve 2024 Five-Star ANCAP Safety Rating
Apr 18, 2024 09:22 JST
Eisai's Antiepileptic Drug Fycompa Injection Formulation Launched In Japan
Apr 17, 2024 16:17 JST
Honda Unveils Next-generation EV Series for China
Apr 17, 2024 12:15 JST
Lexus presents Time at the 2024 Milan Design Week
Apr 16, 2024 18:49 JST
Mitsubishi Corporation Announces Participation in a DAC Project in Louisiana, USA
Apr 16, 2024 14:36 JST
More Latest Release >>