Pegasus Tech Ventures announced the launch of a corporate venture capital fund in partnership with Asteria Corporation. The initiative marks Asteria’s first corporate venture capital fund.
Pegasus Tech Ventures will serve as the general partner of the fund, while Asteria Corporation will participate as the sole limited partner.
The fund is designed to accelerate collaboration with startups developing next-generation technologies aligned with Asteria’s long-term strategy.
The fund will invest in startups developing technologies across artificial intelligence, automation, edge computing, and intelligent data infrastructure.
Asteria is a Tokyo-based software company focused on enabling connectivity between systems, people, and data.
Founded in 1998 as Japan’s first XML-focused software company, Asteria develops software platforms centered on no-code integration and data connectivity.
Its flagship product, Asteria Warp, is one of Japan’s leading integration programs and is used by more than 10,000 companies.
Asteria also develops software and services supporting mobile business applications and digital integration across enterprise environments.
The company has previously participated as a limited partner in other Pegasus Tech Ventures-managed funds, including funds that invested in companies such as SpaceX.
Through this dedicated partnership, Pegasus Tech Ventures will use its global venture platform and Silicon Valley ecosystem to help Asteria access emerging startups and breakthrough technologies.
The collaboration is intended to strengthen Asteria’s open innovation strategy.
It also supports Asteria’s broader mission of helping organizations integrate systems, applications, and data across increasingly complex digital environments.
Pegasus Tech Ventures is a Silicon Valley-based global venture capital firm and provider of Venture Capital-as-a-Service solutions.
The firm partners with corporations worldwide to help them access emerging technologies, invest in startups, and accelerate open innovation initiatives.
Pegasus manages more than 40 funds and over $2 billion in assets.
The firm has invested in more than 300 startups globally, including SpaceX, OpenAI, Anthropic, Airbnb, Coinbase, and X.
KEY QUOTES:
“We are pleased to partner with Pegasus Tech Ventures on this corporate venture capital initiative. By working closely with startups and entrepreneurs worldwide, we aim to accelerate innovation and strengthen Asteria’s mission of connecting the world through software.”
Yoichiro Hirano, President and CEO of Asteria Corporation
“We look forward to supporting Asteria’s innovation initiatives through Pegasus’ global network of startup ecosystem. By leveraging our global network, we aim to help Asteria identify breakthrough technologies and build strategic relationships with innovative startups around the world.”
Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures
