Nabtesco Technology Ventures

Nabtesco Technology Ventures is the direct corporate venture capital arm of Nabtesco Corporation, a publicly traded Japanese industrial machinery manufacturer. The EUR 75 million fund is fully financed by the parent company. Hiroshi Nerima, NTV's Managing Partner, is also a Nabtesco Corporation Executive Officer, creating a direct reporting line between the fund and the corporate parent.

Emerald Technology Ventures serves as NTV's strategic partner, providing deal origination and portfolio management support from its Zurich headquarters. Emerald Managing Partner Gina Domanig is listed in NTV's leadership, and the two firms share the same office address. NTV's investment proposals are routed to Emerald for evaluation.

Portfolio companies gain access to Nabtesco Corporation's manufacturing capabilities, quality-control systems, and century-long precision engineering expertise. The parent's operating divisions — spanning precision gears, aircraft equipment, marine vessels, and railway systems — serve as potential first customers and real-world testing environments for investments in robotics, autonomous systems, and industrial sensing.

NTV focuses on growth-stage minority investments in startups that have progressed beyond initial concept validation. The fund's process involves extensive proof-of-concept collaboration with Nabtesco's business divisions before committing capital. By the end of 2021, NTV had reached the proof-of-concept stage with nearly 20 companies and made minority investments in four.

The fund reviews companies from the United States, Europe, and Japan. Its current disclosed portfolio reflects that mandate, with positions in Swiss (Embotech), US (Sea Machines Robotics), Spanish (FOSSA Systems), and Japanese startups. NTV operates from Switzerland but draws on Nabtesco's global manufacturing footprint.