Headquartered in Tokyo, Japan, Daikin Industries Ltd, is the global No. 1 air conditioning manufacturer, with over 88,000 employees, 100 production sites, and more than $27 billion (3.1 trillion Japanese yen) in sales across the 170 countries in which it operates. Through joint development with partner companies that include customers and startups, the company is aiming to create new value by strengthening the creation of safe and reliable air environments that combine technologies such as indoor air quality diagnostics, ventilation, and disinfection. Additionally, through the Corporate Venture Capital (CVC) Office in the Technology and Innovation Center established in November 2019 as an organization to promote collaboration with startup companies, Daikin has set aside a fund of 11 billion yen (around $100 million) for investments in a five-year period extending until 2024 and has already invested roughly 3 billion yen in over 10 companies. Our startups mapping chart highlights 4 investments and 2 partnerships in the […]