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At what stage does PVG work with a company?
We partner with venture-backed, private companies. In addition, we work with startups and early stage companies through our Technology Collaboration Center.
What type of companies does PVG provide venture
capital?
Most of our investments are made in private companies
that have proven technologies and are post-A rounds
of Funding. Occasionally, PVG will invest in early stage
companies. All investments must present a clear strategic
advantage to Panasonic research and development.
What is your technology focus?
When we invest venture capital, generally, we focus
on technologies that are critical for digital home products,
networked consumer devices, ease of use interface, and
advanced semiconductor technologies.
Do you facilitate alliances that are purely
business oriented (versus technology)?
We focus on component or sub-system technology alliances.
If your company has a complete solution and is simply
seeking a co-marketing, co-branding or other similar
business relationship, PVG is not the right group for
you.
What are the investment practices (lead investor,
follow on investor, amount of capital typically invested,
etc.)?
PVG is a co-investor and typically does not lead investments
due to potential conflicts of interest as a strategic
partner. We partner with other venture firms. We only
make follow-on investments if there is a strategic benefit
for the additional capital. The amount that we typically
invest is $1 million to $3 million.
What is the process to close an investment
from PVG?
PVG must complete a process to validate the strategic
advantage to Panasonic and to perform a technology and
business evaluation. Also, since PVG does not lead investments,
we generally require a term sheet from a qualified institutional
VC to lead the deal.
How does PVG handle confidential information?
and IP of our prospective companies and our portfolio
companies. Generally, however, we will not sign an NDA
until we understand how your technology relates to Panasonic’s
proprietary technology and IP, and until PVG needs to
begin a more detailed evaluation. Our first meeting
will not be under NDA and companies should only present
information that is not confidential. Once more detailed
information is required, we will sign an NDA and will
facilitate the execution of NDAs with the relevant R&D
units in Panasonic.
How does a company submit its business plan?
Send it to us at: info@vc.panasonic.com
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