Sony also established a venture capital fund to build partnerships with researchers and startup companies in AI and robotics.
Chase Manhattan Bank, Bank of America and I.B.M. have established a venture called Viewpointe Archive Services to store electronic images of checks using technology developed by I.B.M. and Chase.
In establishing a venture arm, Mr. Sarnoff said, "we felt there was a need to make some investments so we could look around the corner and see what was happening".
The Office of Naval Research has established a venture with the Titan Corporation, a military contractor in San Diego, that has developed a prototype of what it calls the affordable weapon, a missile made from off-the-shelf commercial components, as an alternative to Tomahawk cruise missiles.
Reflecting his acceptance of clients from across the political spectrum, Mr. Santana said he had also agreed to run the 2014 campaign for the candidate of Panama's Democratic Change, a center-right party, in addition to establishing a venture in Italy to start managing campaigns in Europe.
It was back in 2015 that Home Credit established a venture with mobile phone carrier Sprint in the U.S. to provide financing for purchasing mobile phones.
They also established a venture-capital fund, Finnvera, to find early-stage companies and help them get established.
Purpose: Encourage producers of commodities to refine products to increase their value – for feasibility studies, business and marketing plans, studies to establish a new venture, and working capital for established ventures with a business plan.
