KYOCERA AVX makes investment in Good Growth Capital
Good Growth Capital, a majority women-managed fund with offices in both Charleston, SC, and Boston, has secured an investment from KYOCERA AVX, a leading global manufacturer of advanced electronic components engineered to accelerate technological innovation. The amount of the investment was not disclosed.
In this news release, Johnny Sarvis, Chief Executive Officer of KYOCERA AVX, said, “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.”
GGC invests in seed stage and Series A deals through its General Fund family and in pre-seed and seed stage companies through its Infinite Corridor Fund which primarily targets transformative science start-ups affiliated with Massachusetts Institute of Technology.