Yamaha Motor Co. Ltd. said Dec. 11 that it established its own U.S.-based fund to strengthen its global corporate venturing activities.

Yamaha Motor Exploratory Fund LP will have an initial investment of $100 million and will operate for a 10-year period.

The fund will largely target venture companies focused on future personal mobility, urban transportation, aviation, automated agriculture and automated healthcare, the Japanese motorcycle maker said.

Yamaha's existing venture capital firm, Yamaha Motor Ventures & Laboratory Silicon Valley Inc., which was established in 2015, has invested in a total of nine companies, including Veniam Inc., which provides mesh type Wi-Fi communication services for mobile units, and New Zealand-based agricultural automation startup Robotics Plus Ltd.