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Key people at NEC X.
NEC X functions as a corporate venture studio, utilizing its Elev X! programs to empower early-stage startups. It provides collaborative support and essential resources, guiding tech entrepreneurs from nascent ideas to scalable solutions. The studio leverages significant engineering expertise within Silicon Valley, accelerating innovative technology development and market readiness.
Established by NEC in July 2018, NEC X was founded on the strategic insight to cultivate external innovation, integrating it with NEC's extensive technological capabilities. Led by President and CEO Shintaro Matsumoto, the initiative connects groundbreaking startup concepts with vital market entry support, streamlining their path to successful commercialization.
NEC X serves early-stage startups and tech entrepreneurs aiming to commercialize innovative concepts. Its vision centers on continually enhancing the world by addressing complex societal challenges through pioneering innovation, generating significant societal value. The company focuses on fostering solutions that establish future industry standards and lasting impact.
Key people at NEC X.
NEC X has 1 tracked investment across 1 company. The latest tracked deal is $5.0M Seed in Verdi Expeditions in May 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2025 | Verdi Expeditions | $5.0M Seed | SVG Ventures THRIVE | SP Ventures, Baker Hall Capital, Cyan, Dangerous Ventures, Echo River Capital, Elemental Impact, Genome BC, Jetstream, ONE Small Planet, Ponderosa Ventures, Ventureus, Waterpoint Lane |