Pegasus Tech Ventures and CYBERDYNE put together ¥10 Billion Fund to back Physical AI and Robotics Startups

What happened: Pegasus Tech Ventures launched a JPY 10 billion fund, about US$60 million, with CYBERDYNE, Inc. Pegasus serves as General Partner and CYBERDYNE as the sole Limited Partner.

Why it matters: The fund will invest in startups across robotics, Physical AI, healthcare, automation, and intelligent systems. Its focus supports CYBERDYNE’s aim of fusing humans, AI-robotics, and information systems across what it calls the Human-Cyber-Physical Space.

The fund looks for solutions focusing on targets aging populations, workforce shortages, and rising healthcare demand. Pegasus manages over 40 funds and more than US$2 billion in assets, with stakes in over 300 startups. It also gives the Japanese robotics specialist an access to Silicon Valley deal pipeline and adoption opportunities.