Japanese Energy Giant ENEOS joins Emerald Technology Ventures as Limited Partner

Zurich, Switzerland: Emerald Ventures, a pioneer in sustainability and industrial technology venture capital, is pleased to announce an investment from ENEOS, the largest energy and materials company in Japan, into Emerald’s Industrial Innovation Fund. ENEOS will look to leverage the partnership with Emerald to access cutting-edge innovations from across the globe while charting a bold new course through the energy transition.

Via its deep sectoral knowledge, 20 years of investment expertise, significant presence in the sustainable and clean technologies of the future, and an attractive fund backed by leading global industrial corporations, Emerald will provide ENEOS an open innovation venture capital partner that will open doors particularly in the smart mobility, clean energy and circular economy arenas.

ENEOS will invest under its corporate venture capital arm ENEOS Innovation Partners GK, founded in 2019. ENEOS Innovation Partners bundles several possible startup engagement models, including an accelerator program and direct investments, to offer a quick and agile method of collaboration.

“ENEOS is a true heavy hitter and will make a great addition to our pool of limited partners,” said Emerald managing partner Gina Domanig. “We are excited to join with them to accelerate the transformation of their target industries and scale the products and services that will lead the way in decarbonization, in Japan and beyond.”


About Emerald Technology Ventures

Emerald is a globally recognized venture capital firm building a sustainable future at the crossroads of industry and technology. Founded in 2000, it is a pioneer in open innovation, providing multi-national corporations with rich deal flow and insight in the sectors and markets of tomorrow. Emerald has managed and advised assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm is dedicated to tackling big challenges in climate change and sustainability via over 500 venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups. www.emerald.vc



About the ENEOS Group and ENEOS Corporation

Under ENEOS Holdings, Inc., the ENEOS Group has developed businesses in the energy and nonferrous metals segments, from upstream to downstream. The Group’s envisioned goals for 2040 are to become one of the most prominent and internationally competitive energy and materials company groups in Asia; to create value by transforming its current business structure; and to contribute to the development of a low-carbon, recycling-oriented society via the pursuit of carbon-neutral status in its own CO2 emissions. ENEOS Corporation, one of the principal operating companies in the Group, is contributing to the realization of the Group’s envisioned goals through a broad range of energy businesses. See also https://www.hd.eneos.co.jp/english/ and https://www.eneos-innovation.co.jp/english/