Marubeni

Marubeni Corporation, headquartered in Tokyo, Japan, engages in a diverse range of business activities across various sectors worldwide. The company is involved in trading grains, feed ingredients, foods, textiles, and industrial materials. It also provides agricultural services, technical solutions, and a variety of chemical products. Additionally, Marubeni explores and develops oil and gas resources, trades in petroleum and LPG, and invests in mining operations, including uranium and copper. The firm offers engineering, procurement, and construction services and manages infrastructure projects related to transportation and energy. Its portfolio extends to renewable energy initiatives, power generation, and circular economy ventures. Furthermore, Marubeni operates in the aerospace and maritime sectors while also dealing in construction and industrial machinery. Founded in 1858, the company has established itself as a key player in both the Japanese market and international trade.

Hiroki Eda

Managing Director

Masato Endo

Investment Manager

44 past transactions

KitchenTown

Corporate Round in 2023
KitchenTown is your local food hub. Their production facility for early-stage food startups supports bringing the next wave of innovative products and services to market in their changing food landscape.

Cirba Solutions

Venture Round in 2023
Cirba Solutions is a circular supply chain for battery materials is created using a circular economy model, which recycles old resources and reintroduces them into the value chain for reuse with low waste. Cirba Solutions collects end-of-life batteries, processes them to extract critical materials, and reintroduces these materials into the supply chain. Cirba Solutions' battery recycling management platform provides battery-centric logistics, collection program solutions, second-life applications, and validate cathode production, all while emphasizing environmental compliance through technological processes.

Gojo & Company

Series E in 2022
Gojo & Company Inc. is a holding company based in Tokyo, Japan, that operates through its subsidiaries, including Microfinance Delta International and Sejaya Micro Credit, to provide microfinance services. Founded in 2014, the company aims to enhance financial inclusion by focusing on developing countries. Gojo supports the formalization and growth of micro, small, and medium-sized enterprises, with the long-term objective of delivering high-quality, affordable financial services to over 100 million unserved and underserved individuals across more than 50 countries by 2030. As of now, Gojo has established a presence in Cambodia, Myanmar, Sri Lanka, and India, employing over 3,400 individuals and serving more than 570,000 women, many of whom are mothers.

Carbon Clean

Series C in 2022
Carbon Clean Solutions Pvt. Ltd. specializes in carbon dioxide (CO2) separation technology aimed at reducing emissions from industrial applications, particularly in sectors such as power generation, steel, cement, and chemicals. Founded in 2009 and based in Mumbai, India, the company has research and operational facilities in the United Kingdom and the United States. Its proprietary technologies include CDRMax, which recovers CO2 from flue gases in the fertilizer industry, and Meth Pure, designed for biogas purification without methane loss. Additionally, CCS TGR technology targets CO2 emissions from iron production processes. The firm’s advanced, energy-efficient carbon capture systems can be integrated into new power plants or retrofitted to existing facilities, allowing for the extraction of up to 90% of CO2 from flue gases. By providing scalable and cost-effective solutions, Carbon Clean Solutions helps industries decarbonize and take advantage of the value of captured carbon.

D-ID

Series B in 2022
D-ID is a technology company founded in 2016 and based in Palo Alto, California, with an additional office in Tel Aviv, Israel. The company specializes in face recognition technologies, offering solutions that enhance identity theft protection and ensure compliance with regulations by de-identifying biometric data. D-ID's innovative software produces images and videos that remain recognizable to human observers while being unidentifiable to face recognition algorithms. This technology is designed for use by Fortune 500 companies, security agencies, and government institutions, helping them safeguard biometric databases and manage sensitive facial data effectively.

Pace

Series A in 2022
Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. The platform lets shoppers take charge of their spending without giving up on the things they need or deserve. It turns purchases into 3 interest-free installments that give shoppers the breathing space to buy now.

NeuroBlade

Series B in 2021
NeuroBlade develops an Artificial Intelligence (AI) inference chip for data centers and end-devices. The company's chip solution paired with a complete end-to-end SW stack enables businesses to take the next leap forward by increasing the efficiency and affordability of their devices from edge to datacenters. Its approach overcomes fundamental AI challenges, eliminating memory bottlenecks while maintaining access to high-density memories without diminishing the accuracy of the trained model. Founded in 2017, NeuroBlade is headquartered in Hod-Hasharon, Israel.

Orbit Fab

Venture Round in 2021
Orbit Fab offers a supply of satellite propellant in Earth Orbit that expands the operational potential of new and existing space assets. It develops the infrastructure needed to grow a thriving in-space market for products and services that support both existing space businesses (communications and Earth observation) and new industries like space tourism, manufacturing, and mining. The future for satellites is no longer restricted to the fuel they are launched with. Orbit Fab was founded in 2018 by its Co-Founders Daniel Faber and Jeremy Schiel.

Skeleton Technologies

Series D in 2021
Skeleton Technologies OÜ manufactures ultracapacitors, ultracapacitor modules, components, and systems for automotive, grid, industrial, and transportation applications. The company also provides welding services. It serves customers through distributors worldwide. The company was incorporated in 2009 and is based in Tallinn, Estonia with subsidiaries in Großröhrsdorf and Berlin, Germany. Skeleton Technologies OÜ operates as a subsidiary of Skeleton Technologies Group OÜ.

Fnatic

Venture Round in 2021
Fnatic is a global esports entertainment brand focused on seeking out, leveling up, and amplifying gamers and creators. Founded by Sam and Anne Mathews in 2004 in the early days of the professional video gaming industry, Fnatic has since helped shape the new world sport into a fast-growing phenomenon. Today, driven by its ability to advance esports performance, Fnatic is the channel through which the most forward-thinking brands communicate with young people. It delivers content, experiences, and activations through offices and facilities in cities between Los Angeles and Tokyo.

Shop LIT Live

Seed Round in 2021
Shop LIT Live, also known as Lit Live, Inc., is a San Francisco-based company that operates a social marketplace for live shopping. Founded in 2020, it has developed a mobile application, LIT.Live, which connects influencers and brands with live audiences, facilitating the sale of beauty, fashion, technology, and lifestyle products. The platform allows brands to engage consumers through live streaming, where they can share their stories and showcase products in an immersive shopping experience. Additionally, the application supports interactive features such as chatting and co-streaming, enhancing the connection between creators and their audiences.

DAIZ

Series B in 2021
DAIZ Inc. engages in the production and supply of plant-based meat. It offers food soybean-derived functional substances. The company was founded in 2015 and is based Kumamoto, Japan.

DAIZ

Series B in 2020
DAIZ Inc. engages in the production and supply of plant-based meat. It offers food soybean-derived functional substances. The company was founded in 2015 and is based Kumamoto, Japan.

AND Global

Series A in 2020
AND Global is a Financial Technology as a Services company that provides everything that a modern digital bank needs and more. The company was founded in 2015 and headquartered in Central Region, Singapore.

Floadia Corporation

Series C in 2020
Floadia Corporation, established in 2011 and headquartered in Tokyo, Japan, specializes in the development, licensing, and sale of semiconductor intellectual property, with a particular focus on embedded non-volatile memory solutions. The company leverages its engineering team's extensive experience, which includes a background at Renesas, to innovate in embedded FLASH technology. Floadia's expertise encompasses the foundational technology behind widely used FLASH architecture, specifically the "Source Side Injection" method for Split Gate FLASH. In addition to its product offerings, Floadia also provides technology consulting services to support its clients in the semiconductor industry.

GrubMarket

Series D in 2020
GrubMarket develops a website where sellers can offer foods and other items at wholesale prices to customers. It offers products such as organic foods, vegetables, gluten-free foods, snacks, drinks, pantries, home goods, health and beauty products, baby and kids' products, pets, non-GMO foods, paleo foods, cholesterol-free, and no trans-fat foods. GrubMarket also offers foods from local farms, fisheries, commercial kitchens, certified home kitchens, and restaurants. Mike Xu founded GrubMarket in 2014, with its headquarters in Newark in California with an additional office in San Francisco in California.

Carbon Clean

Series B in 2020
Carbon Clean Solutions Pvt. Ltd. specializes in carbon dioxide (CO2) separation technology aimed at reducing emissions from industrial applications, particularly in sectors such as power generation, steel, cement, and chemicals. Founded in 2009 and based in Mumbai, India, the company has research and operational facilities in the United Kingdom and the United States. Its proprietary technologies include CDRMax, which recovers CO2 from flue gases in the fertilizer industry, and Meth Pure, designed for biogas purification without methane loss. Additionally, CCS TGR technology targets CO2 emissions from iron production processes. The firm’s advanced, energy-efficient carbon capture systems can be integrated into new power plants or retrofitted to existing facilities, allowing for the extraction of up to 90% of CO2 from flue gases. By providing scalable and cost-effective solutions, Carbon Clean Solutions helps industries decarbonize and take advantage of the value of captured carbon.

Noin

Venture Round in 2020
Noin, Inc. offers online content creation and media development services. The company also offers sales account management and social media management services for online businesses. The company was founded in 2016 and is based in Tokyo, Japan.

ePlane

Series A in 2020
ePlane is an eCommerce platform designed to bring together buyers and sellers in the aerospace industry. It enables straightforward transactions to be quickly and easily carried out online. The company serves as a free end-to-end sourcing solution for the aviation industry, connecting buyers, sellers & MROs from across the world. ePlane's user-friendly platform enables you to buy, repair, loan, and exchange aircraft parts – all in one place. The company was founded in 2016 and is based in Limassol, Cyprus.

Aircastle

Acquisition in 2020
Aircastle Limited is a global company based in Stamford, Connecticut, that specializes in the acquisition, leasing, and sale of commercial jet aircraft. Founded in 2004, Aircastle manages a diverse portfolio of high-utility aircraft, which includes modern and operationally efficient jets, leased to airlines across 49 countries. As of late 2019, the company had 287 aircraft leased to 85 customers. Aircastle also invests in other aviation-related assets, such as debt securities backed by commercial aircraft. The company is managed by a team of aviation professionals with significant industry experience and maintains servicing offices in the United States, Ireland, and Singapore, ensuring high levels of customer service and market knowledge. Aircastle employs a balanced investment approach, considering industry trends and market dynamics, and focuses on long-term growth through its diversified fleet, which includes both passenger and freighter aircraft from major manufacturers like Boeing and Airbus.

Carbon Clean

Series B in 2020
Carbon Clean Solutions Pvt. Ltd. specializes in carbon dioxide (CO2) separation technology aimed at reducing emissions from industrial applications, particularly in sectors such as power generation, steel, cement, and chemicals. Founded in 2009 and based in Mumbai, India, the company has research and operational facilities in the United Kingdom and the United States. Its proprietary technologies include CDRMax, which recovers CO2 from flue gases in the fertilizer industry, and Meth Pure, designed for biogas purification without methane loss. Additionally, CCS TGR technology targets CO2 emissions from iron production processes. The firm’s advanced, energy-efficient carbon capture systems can be integrated into new power plants or retrofitted to existing facilities, allowing for the extraction of up to 90% of CO2 from flue gases. By providing scalable and cost-effective solutions, Carbon Clean Solutions helps industries decarbonize and take advantage of the value of captured carbon.

BYTON

Series C in 2019
BYTON turns cars into a next-generation smart device. At BYTON automobiles and digital literacy are equally at home with each other. As a start-up, the company creates an environment for free thinking and action. Moreover, the company aims to become a global pioneer in the coming era of connected mobility by designing its cars as a fully connected smart device on wheels.

Enlitic

Series B in 2019
Enlitic Inc. is a pioneer in medical deep learning that leverages proprietary algorithms to quickly and accurately improve healthcare diagnosis. With a platform developed by renowned data scientists, machine learning practitioners, and medical experts, Enlitic is able to analyze a wide variety of healthcare data sources, including billions of clinical cases, to improve diagnostic accuracy, speed and patient outcomes, as well as accelerate pharmaceutical research and drug trials. Named one of the world’s “50 Smartest Companies” by MIT Tech Review, Enlitic is based in San Francisco and serves customers around the world.

FanAI

Series A in 2019
FanAI Inc. operates an artificial intelligence-driven audience monetization platform, primarily targeting the esports industry and its associated sponsorship ecosystems. Established in 2016 and located in Santa Monica, California, the company provides sponsors with valuable insights into fan behavior, enabling them to cultivate targeted relationships with fans and predict their responses. The platform offers a range of features, including dashboards, real-time analysis, fan segmentation, behavior analytics, and metrics for measuring return on investment and sponsorship effectiveness. By making audience data actionable, FanAI aims to enhance franchise and sponsorship revenues for event organizers, game publishers, leagues, teams, digital agencies, and brands.

Wassha

Series B in 2019
Wassha Inc. is a provider of renewable energy solutions focused on off-grid areas, primarily in emerging markets. Founded in 2013 and headquartered in Tokyo, Japan, with a branch office in Dar es Salaam, Tanzania, the company specializes in renting devices and offering charging services through its network of kiosks powered by clean energy. Utilizing Internet of Things technology, Wassha enables remote management and monitoring of operations, allowing for real-time tracking of transactions, customer data, and power generation. This innovative approach not only facilitates the growth of local businesses but also supports community development in regions lacking access to electricity. Wassha actively seeks business partners to expand its reach and impact in off-grid communities.

Wrench

Series C in 2019
Wrench, Inc. is a mobile auto repair service provider that offers a wide range of car and truck repair services at customers' homes and offices. Founded in 2015 and based in Seattle, Washington, the company operates additional offices across several states, including Arizona, California, Florida, and Texas. Wrench specializes in services such as alternator and battery replacement, brake system repairs, diagnostic services, oil changes, and various other automotive repairs. The company also facilitates online appointment booking to enhance customer convenience. Wrench's mobile mechanics cater to the needs of both individual customers and fleet management, providing accessible and efficient automotive maintenance solutions.

Interstellar Technologies Inc.

Venture Round in 2019
Interstellar Technologies Inc. develops sub-orbital rockets for conducting observations in space and experiments in zero gravity. The company was founded in 2003 and is based in Hiroo-gun, Japan.

Sourcewater

Series A in 2019
Sourcewater, from MIT Energy Ventures, is the online exchange for sourcing, recycling, transporting and disposing of water for energy production, a $20 billion U.S. market. We create a marketplace that matches providers of water, wastewater, trucking, treatment, storage and disposal with energy producers, thereby minimizing the capital and operating costs of oil and gas production, ensuring reliability of the water supply chain, and reducing the environmental and community impact of hydraulic fracturing. For water sellers and service providers, Sourcewater creates a marketing platform that reduces cost of sales and maximizes utilization and profitability.

Azuri Technologies

Corporate Round in 2019
Azuri Technologies Ltd. develops, manufactures, and installs solar power products for off-grid emerging markets in Africa and the United Kingdom. The company offers AzuriTV, a solar-powered television; Indigo, a pay-as-you-go system that enables solar electricity to be delivered as a service using scratch cards for payment; Azuri Quad, a solar home system that provides household lighting, including LED lights, rechargeable radio and torch, and mobile phone charging; and PayGo, a solar home system that delivers clean energy to rural households living without electricity. The company was founded in 2012 and is based in Cambridge, United Kingdom with distribution networks in Kenya, Uganda, South Sudan, Zambia, and South Africa.

GridMarket

Corporate Round in 2019
GridMarket is a distributed energy project platform and competitive marketplace leveraging big data and predictive analytics to accelerate the global energy transition. The GridMarket platform automates the creation of customized opportunity assessments and technology agnostic project recommendations. Actionable energy insights empower energy consumers, governments, and utilities to dynamically manage their energy potential and implement the most beneficial, cost-effective solutions.

Enlitic

Series B in 2019
Enlitic Inc. is a pioneer in medical deep learning that leverages proprietary algorithms to quickly and accurately improve healthcare diagnosis. With a platform developed by renowned data scientists, machine learning practitioners, and medical experts, Enlitic is able to analyze a wide variety of healthcare data sources, including billions of clinical cases, to improve diagnostic accuracy, speed and patient outcomes, as well as accelerate pharmaceutical research and drug trials. Named one of the world’s “50 Smartest Companies” by MIT Tech Review, Enlitic is based in San Francisco and serves customers around the world.

MUSCA

Venture Round in 2019
MUSCA is a Japanese startup that is looking to leverage the simple housefly as a solution to the global food crisis, helping curve starvation by creating high-quality organic fertilizer and animal feed in a manner that’s much quicker than existing methods.

Wassha

Corporate Round in 2018
Wassha Inc. is a provider of renewable energy solutions focused on off-grid areas, primarily in emerging markets. Founded in 2013 and headquartered in Tokyo, Japan, with a branch office in Dar es Salaam, Tanzania, the company specializes in renting devices and offering charging services through its network of kiosks powered by clean energy. Utilizing Internet of Things technology, Wassha enables remote management and monitoring of operations, allowing for real-time tracking of transactions, customer data, and power generation. This innovative approach not only facilitates the growth of local businesses but also supports community development in regions lacking access to electricity. Wassha actively seeks business partners to expand its reach and impact in off-grid communities.

RETC

Acquisition in 2018
RETC, LLC (Renewable Energy Test Center, LLC) is an engineering services, and certification testing provider for photovoltaic and renewable energy products. RETC is TÜ Sܒs exclusive PV Test Laboratory in North America and Global Partner complementing its strategy to deliver a One-Stop-Shop capabilities for the growth of PV testing and certification services. RETC is ISO 17025 accredited by A2LA, an ILAC affiliated laboratory, and awarded a CBTL status, the highest accreditation in IEC scheme.

Creekstone Farms

Acquisition in 2017
Creekstone Farms Premium Beef LLC produces, processes, and sells beef and pork meat products. The company also offers gift cards. It sells its products through grocery stores and restaurants in the United States, as well as online; and exports to Europe, Latin America, and Asia. The company was founded in 1995 and is based in Arkansas City, Kansas. As of July 18, 2017, Creekstone Farms Premium Beef LLC operates as a subsidiary of Marubeni Corporation.

Mainstream Renewable Power

Corporate Round in 2013
Mainstream Renewable Power, established in 2008 by Dr. Eddie O'Connor and Fintan Whelan, specializes in project design and management for renewable and alternative energy sources. The company is dedicated to developing wind and solar energy projects globally, with a significant focus on South America, Asia, and Africa through its investment arm, Mainstream Renewable Capital, founded in 2016. By leveraging its expertise in renewable energy, Mainstream aims to drive sustainable development and contribute to the transition towards cleaner energy solutions.

Spaldings Ltd

Acquisition in 2012
Spaldings Limited distributes agriculture and ground care products to farmers, estates, contractors, and local authorities in the United Kingdom and Ireland.

InfraREIT

Private Equity Round in 2010
InfraREIT is engaged in owning and leasing rate-regulated electric transmission assets in the state of Texas and is structured as a real estate investment trust. The Company is externally managed by Hunt Utility Services, LLC, an affiliate of Hunt Consolidated, Inc. (a diversified holding company based in Dallas, Texas, and managed by the Ray L. Hunt family). The Company's shares are traded on the New York Stock Exchange under the symbol "HIFR."

Maneo

Venture Round in 2008
Maneo Inc. is an online lending marketplace based in Japan that facilitates borrowing and lending through an auction system. Founded in 2007, it operates as a pioneering social lending platform in the country. Maneo market Inc., a subsidiary of maneo Inc., offers crowdfunding services through its web portal. Initially independent, maneo market became a subsidiary of NLHD Co., Ltd. in September 2020. The platform connects individuals looking to borrow money with those willing to lend, creating a unique financial service that fosters peer-to-peer lending in Japan.

B-Bridge International

Venture Round in 2005
B-Bridge International -- founded in 2000 and based in Santa Clara, California with branches in Japan -- acts as an incubator to connect the two business ecosystem to increase Japan's presence in the world, by educating companies and entrepreneurs of both cultures.

Tridium

Series B in 2002
Tridium, a global software and services company, develops and markets a universal software framework targeted at solving the challenges associated with managing smart devices1. Software frameworks provide a platform to allow businesses to more easily build their product offerings. Tridium's core technology, the patented Niagara Framework® (or "Niagara"), a Java-based framework, provides a software infrastructure to integrate diverse systems and devices - regardless of manufacturer or communication protocol - into a unified platform that can be easily managed in real time over the Internet using a standard web browser. Niagara is being successfully applied in energy-services, building-automation, and industrial-automation markets today.

Opnext

Venture Round in 2001
Opnext is a leading designer and manufacturer of optical modules and components which enable high-speed telecommunications and data communications networks globally. Their transceiver modules, which typically utilize our lasers and detectors, convert signals between electrical and optical for transmitting and receiving data over fiber optic networks, a critical function in optical communications equipment.

AtNetwork

Series B in 2000
Their focus is in assisting the global integration of the Asian markets into the new e-conomy. They are building the bridges that will connect Asian countries to each other and to the rest of the world. They are breaking down barriers, which will lead to a more connected world. This is achieved through the use of Their virtual backbone in addition to Their comprehensive suite of e-business and marketing services. Their Internet backbone is guaranteed to be up 100% of the time. In addition, Their solutions are flexible enough to be implemented seamlessly, allowing companies to infiltrate the Asian markets in a matter of weeks, not months.