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Business Alliance7779CYBERDYNE,INC.Electrical Equipment and Precision Instruments

Notice of a Strategic Business Partnership and Joint Promotion of Strategic Investments with Pegasus Tech Ventures, Inc. of the United States

CYBERDYNE has decided to enter into a strategic business alliance with Pegasus Tech Ventures, Inc. of the United States, establish a fund jointly with the company, and pursue strategic investments in startups and other companies related to Cybernics.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
60
Million U.S. dollars (approximately ¥10 billion)
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Strategic business alliance and joint pursuit of strategic investments
7779CYBERDYNE,INC.
Alliance partnerPegasus Tech Ventures, Inc.
Details of the alliance
  1. 1

    Strengthen access to promising startups, advanced technologies and innovation ecosystems around the world

  2. 2

    Promote technology development and business creation in the field of “HCPS Fusion Cybernics with Physical AI”

  3. 3

    Create new business opportunities and expand operations in global markets

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Ownership ratioCYBERDYNE, INC. 99.9% (limited partner) / PEGASUS TECH VENTURES MANAGEMENT XXXIII, LLC 0.1% (general partner)
Overview of the joint ventureName PEGASUS TECH VENTURES COMPANY XXXIII, L.P. / Location San Jose, California, United States / Business Description Investments in startups and other companies around the world that contribute to the creation and development of the Cybernics industry, including the field of “HCPS Fusion Cybernics with Physical AI” / Capital Contributions $60 million (approximately ¥10 billion), on a capital call basis / Ownership ratio CYBERDYNE, INC. 99.9%; PEGASUS TECH VENTURES MANAGEMENT XXXIII, LLC 0.1%
About the partner
Business DescriptionA global venture capital firm based in Silicon Valley that operates an innovation platform connecting promising startups and advanced companies around the world
LocationSan Jose, California, United States
Impact on Business Performance

The impact of this matter on the Company's consolidated financial results is currently under review. The Company will promptly disclose any matters that require disclosure in the future.

Date of board resolution1 June 2026Alliance start date1 June 2026Contract Period10 years from 1 June 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerPegasus Tech Ventures, Inc.
Alliance partner's business activitiesA global venture capital firm based in Silicon Valley that operates an innovation platform connecting promising startups and advanced companies around the world
Alliance partner's locationSan Jose, California, United States
Type of allianceStrategic business alliance and joint pursuit of strategic investments
Details of the allianceStrengthen access to promising startups, advanced technologies and innovation ecosystems around the world, Promote technology development and business creation in the field of “HCPS Fusion Cybernics with Physical AI”, Create new business opportunities and expand operations in global markets
Overview of the joint ventureName PEGASUS TECH VENTURES COMPANY XXXIII, L.P. / Location San Jose, California, United States / Business Description Investments in startups and other companies around the world that contribute to the creation and development of the Cybernics industry, including the field of “HCPS Fusion Cybernics with Physical AI” / Capital Contributions $60 million (approximately ¥10 billion), on a capital call basis / Ownership ratio CYBERDYNE, INC. 99.9%; PEGASUS TECH VENTURES MANAGEMENT XXXIII, LLC 0.1%
Ownership ratioCYBERDYNE, INC. 99.9% (limited partner) / PEGASUS TECH VENTURES MANAGEMENT XXXIII, LLC 0.1% (general partner)
Contract Period10 years from 1 June 2026
Date of board resolution1 June 2026
Alliance start date1 June 2026
Impact on Business PerformanceThe impact of this matter on the Company's consolidated financial results is currently under review. The Company will promptly disclose any matters that require disclosure in the future.
Items this document does not state (12)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioDispatch of directors and officersNumerical targets under the allianceShareholding PolicyContract DateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To strengthen access to promising startups, advanced technologies and innovation ecosystems around the world in the field of “HCPS Fusion Cybernics with Physical AI,” create new business opportunities and expand operations in global markets.

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Notice of a Strategic Business Partnership and Joint Promotion of Strategic Investments with Pegasus Tech Ventures, Inc. of the United States | CYBERDYNE,INC. (7779) timely disclosure | Komori