Akihabara News (Tokyo) — Drone Fund, a Tokyo-based venture capital company, has made an investment of an undisclosed sum in VFR Inc., a Tokyo-based drone industry related company.
Kotaro Chiba, a representative of Drone Fund, explained, “As set as a government goal for 2022, the Level 4 autonomous vehicle ban will soon be upon us. Demands for drone safety and reliability are rising globally, and I believe that VFR, which has solid technological capabilities, will play a major role in this.”
VFR, established last year as a firm with roots tracing back to the old Sony Vaio personal computers, focuses on providing core technologies for drone development, manufacturing, and infrastructure, with a special interest in integrating 5G technologies into the drone world.
It also builds quality control systems to enhance, improve, and standardize the mass production of drone-related components.
As for Drone Fund, this is part of its third fund for drone industry development. Although investment figures have not been made available, the company states that it has so far invested in more than forty drone-related firms in Japan and overseas.
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