Hitachi Ventures Secures $400 Million Fund
Hitachi Ventures has raised $400 million for its fourth fund, signaling confidence in various deep tech sectors such as energy, manufacturing, biotech, and AI. Managing director Stefan Gabriel mentioned the fund’s openness to breakthrough opportunities in quantum, nuclear, life sciences, and space tech, primarily focusing on Series A investments averaging around $5 million. The fund reserves 55% of its capital for follow-on investments. Unlike typical corporate VCs, Hitachi Ventures operates more like a conventional fund, allowing its partners to make independent investment decisions while collaborating with Hitachi to connect portfolio companies with potential clients.