Pegasus Tech Ventures, a Silicon Valley-based global venture capital firm which supports innovation for global corporations, announced a business collaboration with Japan’s food giant Ajinomoto Co., Inc.
Through the collaboration with Pegasus, Ajinomoto Co. aims to accelerate innovation activities on a global scale by tapping into top startups and emerging trends in the food and healthcare sectors in Silicon Valley and other parts of North America, Europe, and Asia. Ajinomoto Co. plans to expedite its global expansion through Pegasus, which has presence in 16 locations around the world, including their headquarters in Silicon Valley.
"By utilizing Pegasus' extensive network, we will strengthen our CVC's sourcing activities for innovation and accelerate collaboration with startup companies around the world in business domains, such as food and healthcare,” said Shunji Takehana, group manager of Ajinomoto Co. Corporate Venture Capital. “We established a CVC group in December last year as another method to help reach our goal of becoming a ‘company that solves issues related to food and health.’ We will provide new values to the community and society by integrating innovations with our know-how and expertise.”
"We are a global venture capital firm and see many food tech and healthcare related startups around the world,” said Anis Uzzaman, founder & CEO of Pegasus Tech Ventures. “There are many exciting innovations, and we will support Ajinomoto Co. in collaborating with these brilliant startup companies. We hope that Ajinomoto Co. will be able to deliver the next generation of products to the global community through partnerships with top startups.”
Pegasus will provide Ajinomoto Co. with the latest trends and the best startups around the world, not only in the food and healthcare sectors, but also in all related fields. Pegasus will help analyze these startups, and provide full support to ensure that Ajinomoto Co. can smoothly partner with the best startups. The ultimate goal of the collaboration is to expand Ajinomoto Co.'s global footprint.