NEC Corporation (NEC) has invested in the Geodesic Alliance Fund (a fund managed by the U.S. venture capital (VC) firm, Geodesic) to strengthen its business in the economic security, space, submarine cables, cybersecurity, and national defense sectors.
In the United States, private-sector-led innovation is progressing under a thriving startup ecosystem. Geodesic, whose founding partner, John V. Roos, is a former U.S. Ambassador to Japan, is a rare venture capital firm that has both an investment team with expertise in the startup field and a team that supports the promotion of collaboration between Japanese companies and international startups. The fund is managed by Geodesic and invests in startups, mainly in the United States, specializing in the field of economic security.
Through this investment, NEC will gain a better understanding of the latest industry and technological trends in areas such as space, submarine cables, cybersecurity and national defense, and will apply this to its future business strategies.
By quickly identifying and collaborating with startups that have excellent technological capabilities, NEC will strengthen its future competitiveness.
NEC currently provides a wide range of solutions in the economic security domain and develops advanced technologies to support these solutions.
Going forward, NEC will continue to create social value through co-creation with external parties while leveraging its extensive domain knowledge and technological capabilities, thereby contributing to the realization of a society in which all people can share a sense of peace and assurance.
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