Pegasus Tech Ventures announced it is expanding the corporate venture capital fund it manages for Japanese automotive supplier AISIN Corporation to $100 million, extending the partnership through 2036 as the companies double down on investments tied to next-generation mobility and emerging technologies.
The Silicon Valley–based venture capital firm originally launched the fund with AISIN in 2018. Over the past eight years, the fund has invested in more than 40 startups globally, enabling collaborations across artificial intelligence, robotics, quantum computing, logistics, safety, and environmental technologies.
The newly expanded fund underscores AISIN’s focus on delivering “new value through mobility” during a transformative period for the automotive sector. By tapping into cutting-edge technologies developed by startups worldwide, the initiative aims to accelerate the development of next-generation products and to pursue long-term strategic growth opportunities aligned with AISIN’s corporate objectives.
Under the extended mandate, Pegasus will leverage its global network to identify investment opportunities across domains including next-generation artificial intelligence, such as Physical AI, robotics, energy, healthtech, and technologies designed to enhance mobility experiences. The partnership is expected to run for 18 years, from the fund’s inception in 2018 through 2036.
AISIN is a comprehensive automotive parts supplier covering nearly all areas of vehicle systems, including powertrain, driving safety, body, navigation, and electronics. The company reported consolidated revenue of JPY 4.9 trillion in 2024 and employs approximately 120,000 people across more than 20 countries. Pegasus Tech Ventures manages over $2 billion in assets and has invested in more than 290 startups globally.
KEY QUOTES:
“AISIN Group continues to transform itself in pursuit of a sustainable society and the creation of valuable new solutions in the mobility sector. Over the past eight years since 2018, we have built a trusted partnership with Pegasus. Based on the achievements we have made together, we are delighted to continue this journey through 2036. Through this fund expansion, we will strengthen our exploration in key areas such as Physical AI and energy and healthcare technologies, and together with startups from around the world, create the future of mobility.”
Hiroshi Tsutsui, Executive Officer, AISIN Corporation
“What began in 2018 will now become an 18-year long-term partnership through this extension. We are honored to continue envisioning the future together with AISIN based on mutual trust. To date, our collaboration has produced meaningful outcomes by combining AISIN’s technological strengths with the innovations of startups. In the next phase, we will go beyond the automotive industry and step into ambitious fields such as humanoids, space, and next-generation energy. Through Pegasus’s global network, we will identify the best partners to help realize AISIN’s corporate vision.”
Anis Uzzaman, Founder & CEO, Pegasus Tech Ventures
