Cyberdyne sets up $82mn fund for cybernic healthcare technology

Japanese robotics venture firm, Cyberdyne Inc, has announced the establishment of a fund worth $82mn. The fund will be used to invest in companies operating in the healthcare and cybernic technology spaces.

Cybernic technology aims to recover lost functions of the body utilising robotics, engineering and IT. With Japan’s increasingly aging population, robotics is being viewed as a possible solution not just in terms of healthcare, but also in aiding the workforce.

See also:

Chinese healthcare app prepares for $1.1bn IPO

Insight: the journey ahead for AI

Read the latest Asia edition of Business Chief!

The fund, called the Cybernic Excellence Japan Fund 1 Investment Limited Partnership (CEJ Fund) includes five partners: Daiwa House Industry, Sompo Japan Nipponkoa Insurance Inc, Daido Life Insurance Co, Mizhou Bank Ltd, Mizhou Capital Co Ltd.

Cyberdyne stated it has set up the fund to “support and nurture venture companies aiming as solving social issues and creating a new Cybernic Industry”.

The fund will be invested over a period of 10 years into companies working on human assisted technology across the sectors of healthcare, robotics, AI, IoT and Big Data.


Featured Articles

Top 10 fastest-growing companies across the Asia-Pacific

From Singapore to South Korea, Hong Kong to India, and spanning fintech, food and energy – these 10 businesses are seeing their revenues rise, and fast

Top 10 best-performing Australian companies: mines to banks

Among Australia’s largest companies by market cap are the country’s Big Four banks, a tech startup that successfully scaled, and two firms with female CEOs

Top 10 richest Southeast Asia: how they made their fortunes

From Singapore’s paint tycoon to Malaysia’s sugar king, we round up the 10 richest people in Southeast Asia – and investigate how they made their billions

Will moonlighting ever become accepted practice in India?

Human Capital

New YouTube CEO Neal Mohan joins surge of Indian-origin CEOs

Leadership & Strategy

Ex Infosys President Ravi Kumar is the CEO Cognizant needs

Leadership & Strategy