--- title: "Hitachi Ventures raises $400M fund to invest in everything from fusion to AI" description: "Hitachi Ventures has raised $400 million for its fourth fund, focusing on deep tech sectors such as energy, biotech, and AI. The fund aims for Series A investments, averaging $5 million per initial in" type: "news" locale: "en" url: "https://longbridge.com/en/news/227160720.md" published_at: "2025-02-05T06:02:26.000Z" --- # Hitachi Ventures raises $400M fund to invest in everything from fusion to AI > Hitachi Ventures has raised $400 million for its fourth fund, focusing on deep tech sectors such as energy, biotech, and AI. The fund aims for Series A investments, averaging $5 million per initial investment, with 55% reserved for follow-ons. Unlike typical corporate VCs, it operates more like a traditional venture fund, allowing partners to make investment decisions independently. The firm collaborates with Hitachi to help portfolio companies connect with potential customers, while scouting for innovative technologies across various verticals, including fusion and quantum. Hitachi Ventures secured $400 million for a fourth fund, the firm exclusively told TechCrunch. The size of the new fund is a vote of confidence in a range of deep tech verticals. The corporate VC’s sprawling portfolio mimics that of its limited partner’s, including energy, manufacturing, biotech, and AI. “We are open to other breakthrough opportunities,” said managing director and CEO Stefan Gabriel. “There’s a lot around quantum, nuclear, life science, space tech. Not too broad — we have a clear view on what excites us in these areas.” Hitachi Ventures will continue to focus on Series A investments. “That is still the sweet spot,” said partner Gayathri Radhakrishnan. Its first investments in a company will average around $5 million, and the fund is reserving around 55% of its capital for follow-on opportunities, partner and CFO Wolfgang Seibold said. Though it takes its name from the Japanese conglomerate, Munich-based Hitachi Ventures is a bit of an outlier in the corporate VC world. It’s structured more like a typical venture fund, Gabriel said, with Hitachi serving as the solo LP. The investment committee is made up of the firm’s partners, and they do not have to run possible investments past its corporate affiliate, said Pete Bastien, partner and president of the firm’s U.S. operations. But the fund still works closely with Hitachi, he added, in part to help portfolio companies understand what a potential future customer is looking for. Like other CVCs, Hitachi Ventures doesn’t promise that it can land deals for portfolio companies, but it can make key introductions. “We can put you in front of Hitachi, but your product needs to sell itself,” Radhakrishnan said. And like other CVCs, Hitachi Ventures serves as a scout, Radhakrishnan said, scouring through pitches to find smaller companies and technologies that fits its corporate partner’s businesses. Hitachi Ventures previous investments span a range of verticals. On the energy side, it has invested in battery recycler Ascend Elements, fusion startup Thea Energy, and Wase, a wastewater-to-energy company. Its AI investments have tended toward workplace applications, including Ema, which focuses on enterprise workflows; Strikeready, which covers cybersecurity; and Makersite, which uses AI to improve supply chains. ### Related Stocks - [HTHIY.US - Hitachi](https://longbridge.com/en/quote/HTHIY.US.md) - [688503.CN - Fusion](https://longbridge.com/en/quote/688503.CN.md) - [QMCO.US - Quantum](https://longbridge.com/en/quote/QMCO.US.md) - [AI.US - C3.AI](https://longbridge.com/en/quote/AI.US.md) - [V03.SG - Venture](https://longbridge.com/en/quote/V03.SG.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | IDC MarketScape 将日立能源评为全球公用事业资产绩效管理领域的领导者 | 日立能源在 IDC MarketScape：全球公用事业资产绩效管理（APM）2025-2026 供应商评估中被认定为领导者。该研究评估了 12 家 APM 提供商，突出了日立能源在公用事业领域的深厚专业知识及其基于人工智能的 APM 解决 | [Link](https://longbridge.com/en/news/276196992.md) | | 日立（TSE:6501）在最近股价回调后进行估值审查 | 日立（TSE:6501）在过去一天的股价下跌了 3.7%，在过去一周则下跌了 13.3%，这促使投资者重新评估其估值。尽管出现了回调，该股票在过去一年中仍显示出 14.1% 的总股东回报。分析师估计其公允价值为¥5,665.25，表明目前的 | [Link](https://longbridge.com/en/news/276138523.md) | | 沃尔玛四季度财报超预期但盈利指引不及预期，CEO 称 “美国低收入家庭只能勉强维持生计” | 沃尔玛 Q4 营收超预期，新财年盈利指引（每股 2.75-2.85 美元）远低于市场预期的 2.96 美元，显示通胀压力下消费者支出不确定性犹存，拖累股价下跌 1.38%。财报印证 K 型” 分化：高收入家庭驱动增长，低收入群体 “钱包吃紧 | [Link](https://longbridge.com/en/news/276398633.md) | | 谷歌突然发布 Gemini 3.1 Pro：核心推理性能直接翻倍 | 谷歌发布了最新的大模型 Gemini 3.1 Pro，其推理性能较去年发布的 Gemini 3 Pro 翻倍。在 ARC-AGI-2 评测中，Gemini 3.1 Pro 得分 77.1%，显示出强大的推理能力。新模型支持多源数据综合和复杂 | [Link](https://longbridge.com/en/news/276396515.md) | | GRAIL｜8-K：2025 财年 Q4 营收 43.6 百万美元超过预期 | | [Link](https://longbridge.com/en/news/276379877.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.