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.”