Managing director Tak Sato has spoken to Global Corporate Venturing about Japan-based insurer MS&AD's $40m corporate venturing unit as it explores a second fund.

Managing partner Takashi ‘Tak’ Sato has told Global Corporate Venturing how MS&AD Ventures, the corporate venture capital (CVC) arm set up by Japan-headquartered insurance firm MS&AD Holdings, was formed and how it has evolved. “MS&AD has operations in 47 countries but did not have an office in Silicon Valley before,” he said. The corporate made…

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