LUCERNE, Switzerland and TOKYO, Feb. 19, 2025 /PRNewswire/ — Momenta Ventures is happy to announce that Nippon Steel Solutions, the prominent supplier of cutting edge IT answers in Japan, has made a strategic funding in Momenta’s Virtual Trade IV mission capital treasure.
The Virtual Trade Capitaltreasury IV specializes in Commercial Have an effect on, accelerating early expansion level commercial innovators throughout power, production, intriguing areas, and provide chains. Anchored by means of Rockwell Automation, the arena’s biggest corporate devoted to commercial automation and virtual transformation, the treasure delivers funding and direct value-creation to marketers in Europe and North The us.
Switzerland-based Momenta introduced this treasure in 2023 in aid of the EU Fee’s Trade 5.0 initiative, of which Momenta has been a initiation member. The treasure helps cutting edge start-ups running to exit the transition to a sustainable, human-centric, and resilient trade. Key center of attention fields come with Synthetic Knowledge, Built-in Robotics, Instrument Outlined Automation, Commercial IoT, and Cybersecurity.
Through making an investment on this treasure, Nippon Metal Answers goals to secured Rockwell in advancing cutting edge commercial answers that undoubtedly have an effect on commercial potency, sustainability, and competitiveness. The funding marks a vital step in Nippon Metal Answers’ constancy to compelling virtual transformation and fostering innovation within the commercial sector in Europe and North The us.
“We are thrilled to partner with Momenta in their Digital Industry IV venture capital fund,” mentioned Atsushi Hasegawa, Director of Commercial Innovation Middle of NS Answers. “This investment aligns with our strategic vision of leveraging digital technologies to create value for our customers and stakeholders. We believe that this collaboration will not only advance our digital initiatives but also contribute to the broader industrial ecosystem.”
“We are honored to welcome Nippon Steel Solutions as a strategic investor in our Digital Industry Fund IV,” mentioned Ken Forster, Founding Partner of Momenta. “Their deep experience across industrial and societal innovation aligns well with our mission to accelerate the digital transformation of industry. With their extensive industrial expertise and deep networks, particularly in Japan, the partnership is poised to identify and nurture the next generation of innovators.”
The Virtual Trade Capitaltreasury IV has already invested in Commercial AI innovators, together with Composabl, DataHow, Luffy.ai, minds.ai, Phantasma Labs, and Sprayvision. The treasure is actively scouting and making an investment.
About Nippon Metal Answers:
NS Answers is a prominent supplier of complete IT answers, focusing on virtual transformation, machine integration, and device construction. With a robust center of attention on innovation and buyer pride, NS Answers delivers state of the art applied sciences and services and products that force operational excellence and trade expansion. (www.nipponsteel.com).
About Momenta:
Momenta is the prominent Commercial Have an effect on® mission capital company, accelerating commercial innovators throughout power, production, intriguing areas, and the availability chain. For over a decade, our staff of deep trade operators has helped scale trade leaders and innovators to give a boost to important industries, the order, and nation’s property of year. (www.momenta.one).
SOURCE Momenta Ventures
