HAMAMATSU, Japan — Yamaha announced that its corporate venture capital (CVC) business in Silicon Valley is beginning operations in May, kicking off with a fund to invest in startups in the music sector and related industries.
Yamaha’s CVC fund, named Yamaha Music Innovations Fund I, was established in April. It will manage $50 million over a 10-year period, with a focus on early-stage startups.