Mitsubishi Electric, Global Brain Launch “ME Innovation Fund”

A corporate venture capital (CVC) fund targeting new businesses creation through open innovation TOKYO, January 13, 2022 – Mitsubishi Electric Corporation (TOKYO: 6503) and Global Brain Corporation announced today their immediate launch of the ME Innovation Fund, a corporate venture capital (CVC) fund that will invest in and partner with startups across the world. The fund will operate with a commitment to invest five billion yen in capital over the next ten years.