
NEC
Investments
52Portfolio Exits
22Funds
1Partners & Customers
10Service Providers
2About NEC
NEC (TYO: 6701) specializes in the integration of IT and network technologies that helps businesses. It provides solutions for society that promote the safety, security efficiency and fairness of society. The company was founded in 1899 and is based in Tokyo, Japan.

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Expert Collections containing NEC
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find NEC in 3 Expert Collections, including Digital Health.
Digital Health
13,069 items
Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)
Health Monitoring & Diagnostics
315 items
Companies developing technology for computer-aided diagnostic imaging. Companies tagged as #ComputerAidedDxImaging
Health IT
363 items
Research containing NEC
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned NEC in 3 CB Insights research briefs, most recently on Dec 15, 2020.

Dec 15, 2020
What Are Smart Cities?Latest NEC News
Jan 21, 2023
News provided by Share this article DUBLIN, Jan. 21, 2023 /PRNewswire/ -- Research and Markets The global fiberglass market size reached US$ 11.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 15.0 Billion by 2027, exhibiting a CAGR of 4.83% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. Fiberglass refers to a reinforced plastic material made from glass fibers that are embedded in a resin matrix. It is widely available in the form of glass wool, direct and assembled roving, yarn, chopped strand, flattened sheets, etc. Fiberglass is lightweight, cost-effective, corrosion-resistant, durable, and provide high electrical insulation. It is widely adopted over conventional materials, such as aluminum and steel, based on its improved energy-efficiency and ecological sustainability. As a result, fiberglass finds extensive applications across diverse industries, such as construction, automotive, aerospace and defense, electronics, etc. With the rising environmental concerns, there is an increasing demand for lightweight composite materials across numerous industries for reducing carbon footprints. Moreover, the growing construction of smart infrastructures is also propelling the adoption of fiberglass for controlling overheating and maintaining the room temperature. In line with this, several government bodies across the globe are increasingly investing in the sustainable development of green and energy-efficient buildings, thereby catalyzing the demand for fiberglass. Additionally, the rising number of refurbishment and remodeling activities has led to the replacement of conventional building materials with fiberglass in floor coverings, walls, windows, panels, etc., to provide better insulation and enhanced structural stability. Apart from this, a significant growth in the renewable energy sector is further bolstering the product demand for manufacturing various electrical equipment to harness clean and safe energy sources, such as wind and tidal. Moreover, the expanding automotive industry along with the increasing demand for fuel-efficient vehicles is also augmenting the usage of fiberglass in body panels, panel assemblies, wheelhouse assemblies, battery boxes, front fascia, etc. Besides this, fiberglass is continuously replacing metal-based alternatives in pipes, tanks, subsea systems, etc., across the water treatment and oil & gas sectors. All of these-above mentioned factors will continue to drive the global market for fiberglass in the coming years. Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being Asahi Fiber Glass Co. Ltd. (Yoshino Gypsum Co. Ltd.), Braj Binani Group, China Jushi Co. Ltd., Chongqing Polycomp International Corp. (Yuntianhua Group Co. Ltd.), Compagnie De Saint-Gobain S.A., Johns Manville (Berkshire Hathaway Inc.), Knauf Insulation, Nippon Electric Glass Co. Ltd., Owens Corning, PFG Fiber Glass Corporation (Nan Ya Plastics Corporation), Taishan Fiberglass Inc. (Sinoma Science & Technology Co. Ltd.) and Taiwan Glass Industry Corporation. Key Questions Answered in This Report: How has the global fiberglass market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global fiberglass market? What are the key regional markets? What is the breakup of the market based on the glass product type? What is the breakup of the market based on the glass fiber type? What is the breakup of the market based on the resin type? What is the breakup of the market based on the application? What is the breakup of the market based on the end user? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global fiberglass market and who are the key players? What is the degree of competition in the industry? Report Attribute
NEC Investments
52 Investments
NEC has made 52 investments. Their latest investment was in Rapidus as part of their Series A on November 11, 2022.

NEC Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/11/2022 | Series A | Rapidus | $52.5M | Yes | 1 | |
9/27/2022 | Series A | Sinai Technologies | $22M | Yes | 7 | |
8/9/2022 | PIPE | D-Wave Systems | $40M | Yes | 2 | |
4/6/2022 | Series B | |||||
2/9/2022 | Corporate Minority - III |
Date | 11/11/2022 | 9/27/2022 | 8/9/2022 | 4/6/2022 | 2/9/2022 |
---|---|---|---|---|---|
Round | Series A | Series A | PIPE | Series B | Corporate Minority - III |
Company | Rapidus | Sinai Technologies | D-Wave Systems | ||
Amount | $52.5M | $22M | $40M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 7 | 2 |
NEC Portfolio Exits
22 Portfolio Exits
NEC has 22 portfolio exits. Their latest portfolio exit was Takasago Seisakusho on July 30, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
7/30/2021 | Divestiture | Takasago Seisakusho | 2 | ||
3/29/2021 | Acq - Pending | 3 | |||
6/7/2019 | Acquired | 2 | |||
Date | 7/30/2021 | 3/29/2021 | 6/7/2019 | ||
---|---|---|---|---|---|
Exit | Divestiture | Acq - Pending | Acquired | ||
Companies | Takasago Seisakusho | ||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 3 | 2 |
NEC Acquisitions
12 Acquisitions
NEC acquired 12 companies. Their latest acquisition was Aspire Technology on July 01, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/1/2022 | Acquired | 4 | ||||
1/27/2022 | Series C | $25.9M | Acquired | 3 | ||
10/5/2020 | Private Equity | $300M | Acquired | 9 | ||
7/29/2019 | Seed / Angel | |||||
12/27/2018 |
Date | 7/1/2022 | 1/27/2022 | 10/5/2020 | 7/29/2019 | 12/27/2018 |
---|---|---|---|---|---|
Investment Stage | Series C | Private Equity | Seed / Angel | ||
Companies | |||||
Valuation | |||||
Total Funding | $25.9M | $300M | |||
Note | Acquired | Acquired | Acquired | ||
Sources | 4 | 3 | 9 |
NEC Fund History
1 Fund History
NEC has 1 fund, including NEC Orchestrating Future Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
NEC Orchestrating Future Fund | 1 |
Closing Date | |
---|---|
Fund | NEC Orchestrating Future Fund |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
NEC Partners & Customers
10 Partners and customers
NEC has 10 strategic partners and customers. NEC recently partnered with Powerco, and Juniper Networks on January 1, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
1/9/2023 | Client, and Vendor | Powerco, and Juniper Networks | New Zealand, and United States | Juniper Networks and NEC Electrify Powerco's Wi-Fi User Experience NEC Corporation 's partnership with Powerco includes the provision of skilled consultancy and design for multi-domain networks catered to their needs . | 6 |
12/19/2022 | Supplier | Japan | Furthermore , with this partnership , NEC Corporation also aims to expand its product portfolio of DX solutions in support of customers across a wide range of business segments . | 1 | |
12/15/2022 | Partner | India | The three-way integration was implemented between HCLTech xApp , NEC Corporation 's Near-Real-Time RIC Platform , and VIAVI 's TeraVM RIC Test . | 1 | |
11/28/2022 | Partner | ||||
10/24/2022 | Client |
Date | 1/9/2023 | 12/19/2022 | 12/15/2022 | 11/28/2022 | 10/24/2022 |
---|---|---|---|---|---|
Type | Client, and Vendor | Supplier | Partner | Partner | Client |
Business Partner | Powerco, and Juniper Networks | ||||
Country | New Zealand, and United States | Japan | India | ||
News Snippet | Juniper Networks and NEC Electrify Powerco's Wi-Fi User Experience NEC Corporation 's partnership with Powerco includes the provision of skilled consultancy and design for multi-domain networks catered to their needs . | Furthermore , with this partnership , NEC Corporation also aims to expand its product portfolio of DX solutions in support of customers across a wide range of business segments . | The three-way integration was implemented between HCLTech xApp , NEC Corporation 's Near-Real-Time RIC Platform , and VIAVI 's TeraVM RIC Test . | ||
Sources | 6 | 1 | 1 |
NEC Service Providers
2 Service Providers
NEC has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Corporate Minority - P2P, and Acquired | Investment Bank | Financial Advisor | |
Service Provider | ||
---|---|---|
Associated Rounds | Corporate Minority - P2P, and Acquired | |
Provider Type | Investment Bank | |
Service Type | Financial Advisor |
Partnership data by VentureSource
NEC Team
13 Team Members
NEC has 13 team members, including current Senior Vice President, Masamitsu Kitase.
Name | Work History | Title | Status |
---|---|---|---|
Masamitsu Kitase | Senior Vice President | Current | |
Name | Masamitsu Kitase | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Senior Vice President | ||||
Status | Current |
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