About Us

Our Purpose

New ideas are necessary to spur growth in any successful corporation. To complement Panasonic’s internal innovation goals, the Venture Group sources venture-backed start-ups with compelling technologies that align with Panasonic's innovation strategies.  With visions aligned, the Venture Group makes investments that support strategic relationships between Panasonic and our portfolio companies, with the ultimate goal of enhancing value for our customers.

Open Innovation

Global corporate leaders face ongoing challenges to innovate.  One way that corporations augment their innovation capacities is through partnerships with external entities (universities, corporations, research institutes, etc.) whose resources complement the corporation’s capabilities. This strategy is widely known as Open Innovation.

 

The Venture Group, a unit of Panasonic Corporate R&D Strategy Office, implements an Open Innovation model, using venture capital to strengthen co-development relationships with Panasonic R&D units.

Author Andrew Gaule on Open Innovation

Panasonic Venture Group

Val Livada - Senior Lecturer MIT on Open Innovation

Panasonic Venture Group

Our Goals:

The Venture Group identifies venture-backed companies with compelling technologies, then champions partnerships between these companies and Panasonic to accomplish the following goals:

  1. Expand Panasonic’s leadership position by incorporating innovative technologies into existing products, enabling Panasonic to further enhance customer value and grow its existing business.
  2. Diversify Panasonic's business through innovation-based technology partnerships that lead to competitive advantage and enhanced customer value in new growth areas.
  3. Accelerate the speed to market of Panasonic products through partnering.
  4. Make sound investments that strengthen our partnerships, while generating positive ROI and securing business advantage for Panasonic.