Panasonic Launches Conductive Ventures II Committing Additional $150M
Panasonic Corporation announced today the launch of Conductive Ventures II, with a commitment of $150m, a 50% increase from the first fund. The first fund invested in companies such as Ambiq Micro, Blueshift, CSC Generation, Desktop Metal, Gen. G, Jackpocket, Proterra, Self, Sprinklr, Survata and Versatile. Despite the young vintage of Fund I, one of its first investments, Desktop Metal, has announced its intention to go public. Led by Carey Lai, Managing Director, Conductive Ventures will continue to make investments in expansion stage companies that have initial product-market fit and early customer success. By collaborating with these technology companies to explore new business opportunities, the company seeks strong financial returns and potential to drive future growth.