AVX invests in a venture capital fund> GSA Business
Fountain Inn’s leading electronics maker Kyocera AVX has partnered with early stage venture capital firm Good Growth Capital to complement its existing research and investments in the SC medical technology sector.
Good Growth Capital specializes in science and deep-tech startups dedicated to data science, green technology and hard science innovation, according to a press release.
The fund has offices in Charleston and Boston, Mass.
Portfolio strengths include home and AI-enabled diagnostics, orthopedic devices, genetics and small molecule markets, as well as big data, SaaS, analytics, efficiency. energy, renewable energy, food technology, battery technology, physics and advanced materials.
âKyocera AVX is delighted to announce our investment in Good Growth Capital, a start-up venture capital firm operating here in our home state of South Carolina and renowned for its proven expertise in research, evaluation and the culture of complex local science and technology startups that aim to have a positive effect on humanity, âJohnny Sarvis, CEO of Kyocera AVX, said in the statement. âThis investment provides Kyocera AVX with many opportunities to further support the thriving tech industry both here in the Carolinas and nationally by investing through GGC and exploring co-investments, particularly in segments of the medical technology industry that complement our existing R&D programs in the Kyocera Group worldwide.
As a wholly owned subsidiary of Kyocera, Kyocera AVX has a global presence consisting of dozens of research, development and manufacturing facilities in more than 15 countries. The company develops, manufactures and supplies advanced capacitors, antennas, circuit and timing protection devices, sensors and other technologies used in the international 5G, IoT, aerospace, automotive, consumer electronics, industrial, medical and military.
âCombining our sourcing and marketing expertise with Kyocera AVX’s craftsmanship creates a powerful synergy,â Amy Salzhauer, Managing Partner of Good Growth Capital, said in the release. âWe are very active in helping our businesses grow, and we see significant value in building a strong relationship with such a proven manufacturing partner. “
Contact Molly Hulsey at 864-720-1223.