We are proud to say that Terumo announced the establishment of “Terumo Ventures.” This will enable the Terumo group to enhance its access to innovative technologies and business ideas from start-ups, promote open innovation, and pursue synergies with its internal R&D efforts. #TerumoCares
#Terumo today announced that it has established “Terumo Ventures”, a Corporate Venture Capital (CVC) organization responsible for leading the group’s venture investment, as a department within Terumo Americas Holding, Inc. Terumo Ventures operates in global innovation hubs around the globe, such as Massachusetts and California in the US, and invests US$ 75 million over the next five years in early-stage companies primarily in the field of cardiovascular disease treatment, chronic disease treatment, blood and cell technologies, and digital technologies. This will enable Terumo to enhance its access to innovative technologies and business ideas from start-ups, promote open innovation. Terumo has built relationship with Medtech start-ups by investing in venture capital funds in the US since 2013. With the establishment of the CVC, the company will further increase its agility to identify, evaluate, and execute venture investment, while accelerating the speed of acquiring cutting-edge technologies and developing a robust M&A target pipeline for future growth. ✅Press Release: https://lnkd.in/eYHHa2wb ✅Apply from: https://lnkd.in/eHS4TfVp #TerumoVentures #innovation #Medtech #CVC #venturecapital #startups #technology
Business Consultant, Biotechnology, MENA
2moÀ step in the right direction