Yamaha Motor today announced the formation of the second Yamaha Motor Exploratory Fund, LP II – a company-funded investment fund based in the United States. With a total investment of $100 million over 10 years, this fund is dedicated to exploring technologies and opportunities.
The new fund succeeds the Yamaha Motor Exploratory Fund, LP, which was established in 2018, and will strengthen the company’s corporate entrepreneurial position by leveraging the knowledge gained from the first fund. The search for companies to invest in is conducted by Yamaha Motor Ventures (YMV).
In 2015, Yamaha Motor established YMV in Silicon Valley, establishing the first Yamaha Motor Exploratory Fund, LP, as its own investment fund in 2018, before establishing the Yamaha Motor Sustainability Fund in 2022 to invest in companies involved in the addressing environmental problems.
In the new mid-term management plan (2022-2024) announced in February 2022, Yamaha Motor has designated several “new companies” and “growth companies” as “strategic business areas”.
As part of managing its business portfolio, the Company will actively allocate management resources to these businesses to develop them into future core businesses.
For these new businesses, the company will promote new value creation unique to Yamaha Motor through co-creation partnerships and with the technologies and expertise it has accumulated to date.
Fund Overview
Name: Yamaha Motor Exploratory Fund, LP II
Established: February 2023
Total fund amount: $100 million
Fund duration: 10 years
Investment objective: startups with innovative technologies and ample growth potential for companies in the fields of transportation, robotics, data/AI, fintech/insurtech and digital health and wellness
– Thanks for information from Motorfreaks.