Asahi Kasei Invests in Startups Focused on Carbon Neutrality
Internationally active Japanese technology group Asahi Kasei has established a “Care for Earth” investment framework as a new initiative for carbon neutrality.
The group intends to invest 100 million US-Dollar worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, energy storage, carbon management, and bio-based chemicals over the five years up to the fiscal year 2027. Since 2008, Asahi Kasei has advanced corporate venture capital (CVC) activity to create new businesses by investing in startups and performing joint developments with them. Based in Silicon Valley since 2011, this activity has facilitated investments in over 50 startups in the US, Europe, China, and Japan, resulting in numerous collaborations.
(Published in GLOBAL RECYCLING Magazine 3/2023, Page 13)
