KYOCERA AVX Invests in Venture Capital Fund Good Growth Capital
December 3, 2021 | GlobeNewswireEstimated reading time: 2 minutes
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.
Suggested Items
Nokia, Honeywell Aerospace Technologies Partner with Numana to Advance Quantum-safe Networks
04/01/2025 | HoneywellNokia and Honeywell Aerospace Technologies announced a strategic partnership with Numana to advance Quantum-Safe Networks (QSN) in Montreal, Canada, and worldwide.
European Chips Skills Academy Launches ECS Summer School 2025 to Inspire Future Electronics Talent
04/01/2025 | JCN NewswireThe European Chips Skills Academy (ECSA), an EU-funded project coordinated by SEMI Europe, in collaboration with industry partners AENEAS, EPoSS, and INSIDE, has announced the launch of the ECS Summer School 2025.
Real Time with... IPC APEX EXPO 2025: Highlighting Global PCB Trends and Technologies with all4-PCB
04/01/2025 | Real Time with...IPC APEX EXPOAndy Shaughnessy and all4-PCB's Ralph Jacobo discuss global distribution trends in the PCB industry, focusing on new technologies in plasma etching and final inspection. Ralph highlights the importance of IC substrate buildup technology and partnerships in the market.
Incap Launches ‘Incap Legends’ esports Tournament and Invites Students from Around the World to Participate
03/31/2025 | IncapIncap Corporation is proud to announce the launch of ‘Incap Legends’, a new esports tournament in partnership with Newcastle and Stafford Colleges Group (NSCG).
Foxconn Chairman Young Liu to Deliver Keynote at COMPUTEX 2025
03/28/2025 | PRNewswireTAITRA (Taiwan External Trade Development Council), announced that Young Liu, Chairman of Hon Hai Technology Group (Foxconn), is invited to be the speaker at COMPUTEX 2025 Keynote, sharing his vision on three intelligent platforms driving industry transformation and the role of robotics in factories of the future.