Toyo Kanetsu Corporate Venture Investment Partnership
11-1 Minamisuna 2chome, Koto-ku, Tokyo, 136-8666, Japan
Overview
Toyo Kanetsu Corporate Venture Investment Partnership is a corporate venture capital fund established by Toyo Kanetsu K.K. Form and basis : Voluntary association on civil law (two-part union of Toyo Kanetsu K.K. and TC Consulting Co., Ltd.) Total fund amount: 500 million yen (4.5 million USD) (Toyo Kanetsu: 499 million yen, T.C. Consulting: 1 million yen) Operating period: October 1, 2017 to December 31, 2022 (5 years 3 months) * MAX 7 years and 3 months possible due to a MAX 2-year extension
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Accel Robotics
Participated · Series A · Dec 2019
Accel Robotics builds camera-based AI and computer vision systems that enable checkout-free, grab-and-go shopping experiences where shoppers pick items and leave, receiving a receipt via text or app notification. The platform delivers live inventory, shopper analytics, and frictionless commerce capabilities to retailers and brands, allowing faster throughput and elimination of checkout lines. Deployments are already underway with grocery, convenience, quick service restaurant, and drugstore chains in North America and Japan. The company plans to use Series A proceeds to accelerate global expansion by growing operations, increasing manufacturing capacity and streamlining its deployment pipeline. The Series A adds $30 million to the company's prior $7 million in funding, bringing total capital raised to $37 million. Accel Robotics was founded in 2015 and was incubated with RevTech Ventures and EvoNexus.
Team
No current team members are available.