Air Water

Founded in 1929, Air Water is a Japanese company that supplies industrial gases, medical gases, LPG, high-pressure gas, aerosol, and salt. It operates through five segments: Agri & Foods, Digital & Industry, Energy Solutions, Health & Safety, and Other Businesses.

6 past transactions

FRD Japan

Venture Round in 2023
FRD Japan is a Saitama-based company founded in 2013 that focuses on innovative land-based aquaculture solutions. The company specializes in a unique biofiltration system that utilizes bacteria to circulate 100% of tap water, eliminating the need for natural seawater or groundwater. This technology enables the sustainable farming of salmon and other aquatic species, promoting aquaculture practices that are independent of the sea. By minimizing water exchange, FRD Japan aims to enhance the efficiency and sustainability of aquaculture operations.

FirstElement Fuel

Series D in 2021
FirstElement Fuel, Inc. is a company based in Irvine, California, that specializes in producing hydrogen for fuel cell electric vehicles. Founded in 2013, it operates a network of hydrogen retail stations throughout California, offering its products under the True Zero brand. The company focuses on providing safe and reliable hydrogen fueling solutions, promoting the use of fuel cell technology as a zero-emission alternative for transportation. When utilized in fuel cell vehicles, the hydrogen results in only water vapor as a byproduct, which supports environmental sustainability and reduces traditional energy consumption impacts.

Green Earth Institute

Venture Round in 2021
Green Earth Institute Co., Ltd., established in Tokyo, Japan in 2011, specializes in producing carbon-neutral biofuels and green chemicals derived from non-food biomass like plant leaves and stems. Its product portfolio includes vehicle and jet fuels, resins, carbon fibers, feed additives, and other chemicals. The company's core technology, originally developed by RITE, enables efficient and low-cost production of these green products compared to conventional methods. Green Earth Institute operates a research center in Kisarazu, Japan, dedicated to advancing its bioprocessing technology to address global warming and minimize food crop diversion for fuel production.

Kairos

Acquisition in 2018
Kairos set forth medical devices with high resolutions.

Ellenbarrie Industrial Gases

Acquisition in 2014
Founded in 1976, Ellenbarrie specializes in the production and distribution of industrial, medical, and specialty gases. Its portfolio includes oxygen, hydrogen, nitrogen, carbon dioxide, argon, helium, and other related products.
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