TLDR:
– Suzuki Global Ventures, Suzuki’s Corporate Venture Capital Fund, has invested in Soracom, a global provider of advanced connectivity for IoT.
– The investment aims to explore collaboration on IoT technologies for mobility services, including electric vehicles and initiatives to support carbon neutrality.
Soracom, Inc., a global provider of advanced connectivity for the Internet of Things (IoT), has received an investment from Suzuki Global Ventures (SGV), the corporate venture capital fund of Suzuki Motor Corporation. The agreement between Soracom and Suzuki was signed in February 2023 to utilize advanced IoT technologies in the mobility services sector. The collaboration between the two companies aims to develop mobility services that can establish sustainable infrastructure for business and daily life in a connected society.
Soracom is a technology partner to over 20,000 startups, SMBs, and enterprises, connecting more than 6 million IoT devices globally. They offer solutions designed to make it easy to build, operate, and scale IoT deployments. On the other hand, Suzuki Global Ventures was launched by Suzuki to provide values that customers and society demand, accelerating co-creation activities between Suzuki and startups, and creating new businesses and models.
