Seiko Epson Group has established Epson X Investment Corporation (“EXI”), a new corporate venture capital (CVC) subsidiary, to accelerate open innovation with faster decision-making and execution in investments.

EXI has formed a Corporate Venture Capital (CVC) fund with Global Brain Co., Ltd., an independent venture capital firm. The CVC fund has set a total amount of 5 billion yen investment quota and targets startups in Japan and overseas.

Through open innovation activities including such fund management, Seiko Epson Group creates synergies with various partners based on its unique technology, products and services, and contributes to realizing a sustainable society.

About EXI