Panasonic, 100X.VC Join Hands To Launch Startup Accelerator Program


Panasonic Life Solutions India and Panasonic Corporation have partnered with investor 100X.VC to launch the startup accelerator programme Panasonic Ignition. The programme aims to support early to mid-stage startups that are creating energy management solutions for commercial and residential areas, according to a statement.

Through this programme, Panasonic and 100X.VC will provide investment, masterclasses, mentorship, and growth plans to help young entrepreneurs build innovative technologies and products. The goal is to solve real-life challenges related to energy management in buildings.

In 2022, Panasonic launched the Panasonic Kurashi Visionary Fund (PKVF) with a USD 55 million (Rs 450 crore) corpus to invest in early to mid-stage startups in Japan, Europe and India.

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