Mitsubishi Corporation News
3 articles
growth-positive
Japan and Israel’s compatibility is a match made in business heaven
Mitsubishi Corporation has marked Israel as an innovation hub and expanded its liaison office in Tel Aviv. The company is actively seeking local technologies for investment and partnership. Takashi Kai, the Head of the Tel Aviv liaison office, believes that Israeli and Japanese business models could complement each other well. Mitsubishi Corporation has already made several investments in Israeli startups, particularly in the automotive tech and agri-tech industries. Kai also sees potential for collaboration between Japan, Israel, and Iran, as he witnessed little hostility toward Israel from younger generations in Iran. He believes that Japan can play a role in fostering good relationships between the three countries.
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"We are really the advocates for the Israeli ecosystem within this very broad corporate world."
Leor Ben-Yakov, the Chief Innovation Officer and Head of Partnerships and Ventures at Mitsubishi Corporation, Israel, advises startups to be resilient and prepared for rejection when working with corporations. He combines his corporate and startup experience to connect Israeli startups with Mitsubishi Corporation for collaboration. Mitsubishi Corporation is a large conglomerate with 1,200 group companies. Ben-Yakov aims to advocate for Israeli companies and stakeholders and create mutually beneficial outcomes. He describes his role as opening a small startup within a large corporate and focuses on identifying opportunities and facilitating collaboration. The strategy is to create a funnel by speaking with many companies and making relevant introductions within the Mitsubishi Corporation group. Ben-Yakovs role is to be a catalyst and help local stakeholders navigate the organization. Mitsubishi Corporation aims to evolve into a corporate VC in the future.
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Israel's Trendlines Agrifood set to help Mitsubishi Corporation with agrifood partnership
Trendlines Agrifood has entered a partnership with Mitsubishi Corporation (MC) to identify emerging tech and startups in the medical and agrifood sectors. The collaboration is seen as a win-win-win opportunity for both companies and startups in Israel and abroad.
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