KYOCERA AVX Invests in Venture Capital Fund Good Growth Capital


Reading time ( words)

KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future, has invested in Good Growth Capital (GGC), an early-stage venture capital firm heavily invested in complex science and deep-tech startups dedicated to producing new technologies rooted in scientific advances and discoveries and substantial engineering innovation. This latest strategic partnership, established in August 2021, complements KYOCERA AVX’s existing research and development programs and further supports the company’s commitment to engineering a brighter future for the whole of humanity, especially through investments in the flourishing MedTech industry.

GGC is a majority women-managed fund with offices in both Charleston, South Carolina, and Boston, Massachusetts. These locations allow GGC to leverage the intellectual and entrepreneurial capital of the Carolinas, as well as that of the storied Ivy League institutions and MIT, through its longstanding relationships with top research universities and alumni and consequent access to a robust stream of technology startups. In addition, GGC also has both extensive experience and an admirable reputation in the MedTech, data science, green tech, and hard science industries, with portfolio highlights extending throughout the home-based and AI-enabled diagnostics, orthopedic device, genetics, and small molecules markets, as well as the FinTech, big data, SaaS, analytics, safety, energy efficiency, renewables, AgTech, food tech, chemistry, battery technology, physics, and advanced materials markets. For example, GGC’s 2017-vintage General Fund I has already returned capital to its investors, and its performance metrics places it in the top decile performing funds category.

“KYOCERA AVX is excited to announce our investment in Good Growth Capital, an early-stage venture capital firm operating here in our home state of South Carolina and renowned for its proven expertise in finding, assessing, and cultivating complex local science and technology start-ups that aim to have a positive effect on humanity,” said Johnny Sarvis, CEO of KYOCERA AVX. “This investment provides KYOCERA AVX with abundant opportunities to further support the flourishing tech industry both here in the Carolinas and nationwide by investing through GGC and exploring co-investments, especially within segments of the MedTech industry that complement our existing R&D programs within the KYOCERA Group globally.”

“Combining our sourcing and commercialization expertise with KYOCERA AVX’s manufacturing acumen creates a powerful synergy. We are very hands-on in terms of helping our companies grow, and we see significant value in building a strong relationship with such a proven manufacturing partner,” Amy Salzhauer, Managing Partner, Good Growth Capital.

Share

Print


Suggested Items

SMTA Additive TechXchange Keynote: An Outlook on Advanced PCB Fab

10/20/2020 | Pete Starkey, I-Connect007
Organised as a virtual event by Lenora Clark of ESI Automotive and Tara Dunn of Omni PCB, SMTA’s Additive TechXchange addressed additive technology specifically in the context of the electronics industry. Pete Starkey details the keynote presentation, an outlook on advanced printed circuit board fabrication, from Jeff Doubrava, managing partner at Prismark Partners.

This Month in SMT007 Magazine: Indium Metal Forecast—Supply Chain Strong, Demand Continues to Grow

05/05/2020 | Donna Vareha-Walsh, Indium
Indium is a critical metal for the indium-tin oxide (ITO) market and other coating applications. Donna Vareha Walsh—director of sales and global supply chain and trade compliance at Indium Corporation—describes the plentiful global supply of indium and its recycling loop, examines indium’s history of price volatility and the market reactions from the recent Fanya Metal Exchange auction, and provides an overview of indium supply and demand drivers, as well as the impact of recycling efforts.

RTW IPC APEX EXPO 2019: ASM Updates Mid-Level Machines

02/06/2019 | Real Time with...IPC
ASM CEO Americas Jeffery L. Timms and Technica President and CEO Frank Medina give Nolan Johnson a product update on ASM's mid-speed machines—EbySIPLACE and EbyDEK. By bringing key features from ASM's high-end products to their new mid-level models, ASM's new machines are gaining attention Timms and Medina discuss the how and why.



Copyright © 2022 I-Connect007. All rights reserved.