Pegasus Tech Ventures has entered into a strategic partnership with Japanese software company Asteria Corporation to establish a new corporate venture capital (CVC) fund aimed at supporting startups developing cutting-edge technologies.
The initiative reflects both organizations’ commitment to accelerating innovation while strengthening Asteria’s long-term technology roadmap.
Headquartered in San Jose, California, Pegasus Tech Ventures will oversee the fund’s investment activities, using its extensive venture capital experience to identify promising startups worldwide.
Investment Strategy Focuses on High-Growth Technology Sectors
The newly created fund will concentrate on companies building next-generation solutions across several fast-growing technology markets.
Investment priorities include artificial intelligence, intelligent automation, edge computing, and advanced data infrastructure designed to improve how organizations manage and utilize information.
Under the fund’s structure, Pegasus Tech Ventures will act as the General Partner, managing investment decisions and portfolio development, while Asteria Corporation will serve as the sole Limited Partner, providing capital to support the initiative.
Supporting Asteria’s Long-Term Innovation Goals
The collaboration has been designed to strengthen Asteria’s ability to engage with innovative startups whose technologies complement its long-term business strategy.
By connecting with emerging companies at an early stage, Asteria aims to identify breakthrough solutions that can enhance its software ecosystem and create new opportunities for future growth.
Pegasus Tech Ventures will leverage its extensive Silicon Valley network and international venture platform to introduce Asteria to promising entrepreneurs and disruptive technologies from around the world.
Asteria Brings Decades of Software Development Experience
Established in 1998, Asteria Corporation is led by President and Chief Executive Officer Yoichiro Hirano.
The Tokyo-based company specializes in software that enables seamless connectivity between business systems, people, and data through no-code integration technologies.
Its flagship middleware platform, ASTERIA Warp, allows organizations to integrate data from multiple systems and cloud services without requiring programming expertise.
The platform has been adopted by more than 10,000 companies, making it one of Asteria’s most widely used enterprise solutions.
Beyond ASTERIA Warp, the company also offers Handbook X, a digital storage application, Platio, a mobile application development platform, and Gravio, a no-code platform supporting artificial intelligence and Internet of Things (IoT) applications.
Building on an Established Relationship
The new corporate venture capital fund expands an existing relationship between the two organizations.
Asteria has previously invested as a Limited Partner in other Pegasus Tech Ventures-managed funds, which have backed several high-profile technology companies, including SpaceX.
By creating a dedicated investment vehicle, both companies aim to deepen their collaboration and accelerate the discovery, funding, and commercialization of innovative technologies with global market potential.
