In addition to launching a corporate venture capital fund, Daikin has inked a deal with University of Tokyo to drive the formation of spinouts.

Japan-based air conditioning equipment manufacturer Daikin Industries on Friday revealed the creation of a $100m corporate venturing fund and accelerator called Technology and Innovation Center CVC Office.
The fund will invest over a period of five years, backing startups globally. The accelerator will meanwhile serve to collaborate both with external startups and drive internal innovation projects.
Daikin has also signed an industry-academia co-creation agreement with University of Tokyo to drive the formation of spinouts.
The Technology and…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).