KYOCERA AVX Invests in Venture Capital Fund Good Growth Capital
This latest strategic partnership supports innovation and entrepreneurship in the thriving tech industry, and especially the flourishing MedTech sector, in both the Carolinas and nationwide while complementing KYOCERA AVX’s existing R&D programs.
FOUNTAIN INN, S.C., Nov. 29, 2021 (GLOBE NEWSWIRE) — 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.
For more information about KYOCERA AVX, please visit www.kyocera-avx.com, email [email protected], follow them on LinkedIn, Twitter, and Instagram, like them on Facebook, call 864-967-2150, or write to One AVX Boulevard, Fountain Inn, S.C. 29644.
About Good Growth Capital
Good Growth Capital (GGC) is an early-stage venture capital firm known for its exceptional expertise in finding, assessing, and cultivating complex science and technology startups. Formed by a team of experienced operators, our strong capacity for understanding early-stage science and technology investments enables us to invest well at an earlier stage than most venture capital firms, giving us priority access to high-performing investment opportunities. GGC invests in seed stage and Series A deals through the General Fund family and in pre-seed and seed stage companies through the Infinite Corridor Fund, which primarily targets MIT-affiliated and transformative science startups. GGC is majority women- and minority-owned and is uniquely positioned geographically in both the Southeast and New England. For more information about Good Growth Capital, please visit http://www.goodgrowthvc.com/, email [email protected], or follow them on LinkedIn, Twitter, and Facebook.
About KYOCERA AVX
KYOCERA AVX is a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation and build a better future. As a wholly owned subsidiary of Kyocera Corporation structured to capitalize on shared resources and technical expertise, KYOCERA AVX has an expansive global footprint comprised of several dozen research, development, and manufacturing facilities spanning more than 15 countries and staffed with talented personnel dedicated to innovation, component quality, customer service, and enabling a brighter future through technology. KYOCERA AVX designs, develops, manufactures, and supplies advanced capacitors, antennas, interconnects, circuit protection and timing devices, sensors, controls, filters, fuses, diodes, resistors, couplers, and inductors optimized for employment in the international 5G, IoT, aerospace, automotive, consumer electronics, industrial, medical, and military markets.
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CONTACT: Nicholas Kovalsky KYOCERA AVX (864) 967-2150 [email protected] Christina Sandidge BtB Marketing (919) 872-8172 [email protected]
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