
Foxconn Technology Group has teamed up with Advocate Aurora Health, Johnson Controls and Northwestern Mutual to create a US$100 million early-stage venture capital fund targeting transformative and interdisciplinary innovations in health care, technology, manufacturing and financial services. The fund, named Wisconn Valley Venture Fund, will engage with its portfolio companies to create innovation and strategic business development. It will invest in U.S. and global start-ups in a range of industries, according to a joint announcement. Each organization will contribute US$25 …
Foxconn Joins Three US Organizations To Set Up $100M Venture Fund appeared first on China Money Network.