Toyota Tsusho

Toyota Tsusho Corporation is a comprehensive trading company with six major divisions, each specializing in distinct sectors. The Metal division focuses on processing and distributing a variety of steel products. The Global Parts and Logistics division offers warehousing and logistics services to support supply chain operations. The Automobile division engages in selling auto components and the import and export of used vehicles and their parts. The Machinery, Energy and Plant Project division supplies mechanical equipment, industrial machinery, and petroleum products. The Chemical and Electronics division provides a range of products, including semiconductors, electronic devices, software, chemicals, and resins. Additionally, the Food and Customer Services division is involved in food manufacturing and related services. Through these diverse operations, Toyota Tsusho plays a pivotal role in various industries, facilitating trade and enhancing supply chain efficiency.

Mitsuhiro Tsubakimoto

CEO for Chemicals and Electronics Division

Hideki Yanase

Executive Vice President

45 past transactions

Electra

Series B in 2025
Electra is dedicated to reducing carbon dioxide emissions in the iron and steel production industry through innovative electrochemical and hydrometallurgical processes. The company has developed alternative steelmaking technology that aims to electrify and decarbonize the production process, allowing for the creation of low-carbon clean iron from various ores. By utilizing renewable energy sources, Electra enables steel producers to lower energy intensity and costs, contributing to a more sustainable approach to steelmaking.

Radius Recycling

Acquisition in 2025
Radius Recycling is a North American company specializing in the recycling of ferrous and nonferrous metals, including end-of-life vehicles. The firm operates a vertically integrated business model that encompasses a variety of services and products to address global demand. Its extensive network comprises fifty retail self-service auto parts stores, fifty-four metals recycling facilities, and an electric arc furnace steel mill. By producing and exporting recycled metal goods, Radius Recycling plays a significant role in the sustainable management of metal resources.

PowerX

Series C in 2025
PowerX brings power transfer technology to life, allowing for greater usage of renewable energy sources. PowerX was founded on March 22, 2021 and is located in Tokyo, Japan.

PXP

Series A in 2024
PXP is a green tech development firm that develops clean energy using next-generation photoelectric conversion elements.

A1A

Venture Round in 2024
A1A offers a cloud-based manufacturing and procurement system for manufacturers. The company is a startup founded in 2018. It develops products for the purchasing department of the manufacturing industry. A1A pursues optimal purchasing at optimal prices using purchasing related data centered on estimates accumulated by companies.

LIGHTz

Series A in 2024
LIGHTz is an AI-based company that specializes in consulting, system development, and product development services. It operates an online knowledge-sharing platform aimed at enhancing information management. By leveraging artificial intelligence, the platform facilitates content organization, generates onboarding instructions for employees, and streamlines training processes. This approach allows clients to effectively transfer expertise and skills, ultimately reducing training costs and time spent on onboarding new personnel.

Bureo

Series B in 2023
Bureo Inc. is a company based in Santiago, Chile, that specializes in designing and manufacturing sustainable skateboards and related products, such as T-shirts, bottles, and wheels. Founded in 2013, Bureo utilizes recyclable plastic waste, particularly nylon fishing nets, sourced from local communities and coastlines. By transforming this waste into high-quality skateboards, Bureo addresses ocean pollution while promoting recycling and job creation within the region. The company's commitment to sustainability enables ethically conscious consumers to support environmentally friendly practices and contribute to the reduction of fishing net pollution. Bureo offers its products online, appealing to a market that values transparency and innovation in manufacturing.

Moova

Venture Round in 2023
Moova is a technological platform focused on enhancing last-mile logistics by optimizing idle delivery capacity. It connects e-commerce and retail businesses with a network of independent couriers, known as "Moovers," who utilize bicycles, motorcycles, cars, or vans to fulfill deliveries, thereby creating additional income opportunities. The platform features route optimization software, real-time tracking, and electronic proof of delivery, allowing businesses to offer multiple delivery options to their customers. With its flexible warehousing and analytical capabilities, Moova aims to improve the efficiency of urban logistics in Latin America, supporting the growth of the e-commerce sector while promoting sustainable delivery practices.

Carpaydiem

Acquisition in 2023
Carpaydiem is a Tokyo-based distributor specializing in the online retail of used commercial vehicles and trucks. The company focuses on the optimization of reused products, emphasizing the appeal and quality of Japanese vehicles. In addition to its core business of selling and transporting these vehicles, Carpaydiem also engages with elements of Japanese design, technology, culture, and hospitality.

Zeroboard

Series A in 2023
Zeroboard calculates and visualizes greenhouse gas emissions from corporate activities and their supply chains based on the international greenhouse gas protocol. They develop solutions that involve companies, local governments, and consumers.

SB Energy

Acquisition in 2023
SB Energy is a power generation company focused on renewable energy services. The company specializes in providing flexible renewable energy solutions at scale, contributing to the global transition towards sustainable energy. By prioritizing environmental benefits, SB Energy aims to support its customers and communities while promoting a cleaner and more sustainable future.

May Mobility

Series C in 2022
May Mobility, Inc. is an autonomous vehicle company focused on transforming urban transportation through the development and operation of driverless shuttle services. Founded in 2017 and based in Ann Arbor, Michigan, the company utilizes six-passenger electric vehicles that navigate mapped routes to provide micro-transit services for enterprise and municipal clients. By analyzing traffic patterns and commuter flows, May Mobility designs optimal routes that enhance public transit systems. Their autonomous shuttles aim to minimize human error in driving, reduce pollution, and improve economic benefits for communities and riders. The company offers a fleet operation service that contributes to creating safer, more efficient, and accessible transportation solutions.

PD AeroSpace

Venture Round in 2021
PD Aerospace, Ltd. is a Japanese company based in Nagoya that specializes in the development and manufacture of rocket and spacecraft engines and components. Founded in 2007, the company focuses on creating fully reusable sub-orbital spacecraft capable of reaching altitudes of 100 kilometers. This technology is designed not only for space travel but also for conducting experiments in the unique environment of space. Additionally, PD Aerospace offers technical support to clients for new product and business development, facilitating advancements in aerospace engineering and commercial space flights. The company's innovative hybrid rocket-jet craft can potentially accommodate up to eight passengers for suborbital trips, aiming to make space travel more accessible.

Hacobu

Venture Round in 2021
Hacobu operates a digital logistics platform that aims to optimize the entire supply chain by leveraging logistics big data and IoT-based tools. The company's flagship solution, MOVO, serves as an integrated operation management system that connects carriers and shipping companies, facilitating an easy-to-use online mechanism for managing logistics. By providing tools designed to support shipping companies, Hacobu helps clients enhance operational efficiency and accumulate distribution data from various sources. This focus on data-driven optimization positions Hacobu as a key player in improving physical distribution systems across the logistics sector.

CROSS SYNC

Seed Round in 2021
The company was founded in October 2019 by Dr. Takaki, a Japanese intensivist with more than 20-year experience in critical care medicine, from his strong desire of wanting to decrease preventable death and sudden changes in patient conditions while in the ICU. CROSS SYNC’s vision is to provide ICU-level medical treatment anywhere. The mission is to help and assist medical professionals utilizing the power of technology so that they can provide high-quality medical care even in an environment where there is a shortage of specialist physicians, and to ensure the best patient outcomes. As a Yokohama University certified startup, CROSS SYNC develops a variety of AI clinical assistant tools in collaboration with affiliated hospitals, the school of medicine, and the department of health data science. By delivering our AI-based platform to acute care settings all over the world, we aim to create a world without avoidable deaths and preventable acute changes for in-patients.

Drivehub

Series A in 2021
Drivehub is an online marketplace that facilitates automobile rentals, offering a variety of services including short-term and long-term car rentals, as well as rentals with or without a driver. The platform enables users to search and compare car prices in real-time, providing access to real images of vehicles and allowing for free booking and cancellation. By connecting users with the inventories of major rental companies, Drivehub aims to provide an affordable and convenient car rental experience.

TradeWaltz

Venture Round in 2020
TradeWaltz operates a digital trade platform that focuses on digitizing trade documents and creating structured, accessible data records. By utilizing distributed ledgers, the platform enhances the sharing of information among trade-related participants, ensuring a smooth, connected, and trustworthy trade process. TradeWaltz transforms traditional trade documents into smart data, which facilitates seamless information flow between corporate systems while also incorporating measures for anti-money laundering. This approach reduces the need for multiple data entries and minimizes human errors in transcription, thereby maximizing the efficiency of administrative procedures and supporting users in managing their trade operations more effectively.

Data Integrated

Venture Round in 2020
Data Integrated Limited is an information and communications technology (ICT) company based in Nairobi, Kenya, founded in 2012. The company specializes in developing applications for transport management services, primarily aimed at bus operators. Its offerings include real-time access to public transport schedules, smart solutions to enhance operational efficiency, and digital ticketing systems that facilitate cashless transactions on buses. Additionally, Data Integrated provides payroll solutions to streamline financial operations for small and medium-sized enterprises (SMEs). By focusing on improving payment efficiency and promoting financial inclusion, the company addresses key challenges faced by both transport operators and users.

Aurora Labs

Series B in 2020
Aurora Labs Ltd is a software development company based in Tel Aviv-Yafo, Israel, with additional offices in Munich, Skopje, Boston, and Detroit. Founded in 2016, the company specializes in machine learning, artificial intelligence, and blockchain technologies to address the complexities of automotive software development. Aurora Labs provides AI-based vehicle software intelligence that spans the entire lifecycle of a vehicle, including software development, testing, integration, quality control, and over-the-air updates. Its solutions help automotive manufacturers manage software costs and resources more efficiently while ensuring compliance with industry standards such as ISO-26262/ASIL-D and ASPICE-L2. With approximately 100 patents granted and a commitment to innovation, Aurora Labs has positioned itself as a key player in the evolution of software-defined vehicles, with its products being adopted globally in upcoming car models.

Carpaydiem

Venture Round in 2020
Carpaydiem is a Tokyo-based distributor specializing in the online retail of used commercial vehicles and trucks. The company focuses on the optimization of reused products, emphasizing the appeal and quality of Japanese vehicles. In addition to its core business of selling and transporting these vehicles, Carpaydiem also engages with elements of Japanese design, technology, culture, and hospitality.

APB

Corporate Round in 2020
APB specializes in the research, development, manufacturing, and sales of advanced battery technologies, focusing on lithium-ion and all-polymer batteries. The company utilizes innovative polymer materials instead of traditional metals for current collectors, enhancing the energy density and performance of its products. APB's batteries are designed for various applications, including consumer electronics, automotive use, and large-scale energy storage systems, particularly for renewable energy sources like wind and solar power. By employing a polymer resin and a bipolar structure, APB aims to provide high-flexibility, low-cost, and safe energy solutions that meet the growing demands of distributed energy resources.

WhereIsMyTransport

Series A in 2020
WhereIsMyTransport Ltd is a mobility technology company focused on providing comprehensive public transport data for megacities in emerging markets. Headquartered in London, with an additional office in Cape Town, the company specializes in digitalizing network information from various modes of public transport across Africa, Latin America, Southeast Europe, and South and Southeast Asia. By employing a data collection playbook, WhereIsMyTransport maps both formal and informal transport networks, ensuring data accuracy as these systems evolve. The company's platform serves businesses, municipalities, and citizens, enhancing the public transport experience and facilitating informed decision-making for infrastructure improvements and market entry.

Sendy

Series B in 2020
Sendy Ltd. is a logistics platform based in Nairobi, Kenya, founded in 2014. The company specializes in providing door-to-door delivery services for e-commerce, facilitating logistics optimization for manufacturers and distributors, and connecting businesses with various transporters. Sendy's platform simplifies the delivery process by allowing businesses to schedule, track, and pay for deliveries in one place, while also offering cashless payment options through mobile technology. With thousands of companies utilizing its services, Sendy aims to empower businesses and individuals by making trade more accessible and efficient.

Shuttl

Series C in 2019
Shuttl exists to take the pain away from the daily commute. Currently, the company provides an app-based office shuttle service to make daily commute safe, reliable, affordable and dignified for everyone. The future of mass transit, according to us, will be shared, eco-friendly, tech-enabled commute. Shuttl is the future of public transport. It's a mobile-based minibus service aimed at making your daily commute more convenient. Their vehicles are air-conditioned and operate with high frequency on fixed routes freeing you from the hassles of existing public transport options at a very economical price point.

Digital Grid

Corporate Round in 2019
Digital Grid Inc. operates in the electricity retail sector, focusing on non-electrification areas and off-grid communities in Africa. Founded in 2013 and based in Tokyo, the company utilizes a fee-based electricity credit system, allowing kiosk owners to provide charging services for phones, lanterns, and other electronic appliances. Digital Grid offers a range of rental rechargeable devices, including LED lanterns, portable radios, and mobile charging solutions. Additionally, the company provides leasing options for various equipment such as solar panels and batteries, which can be controlled via a smartphone app for agents. Through its platform, Digital Grid facilitates direct transactions between electric power generators and buyers, aiming to alleviate energy constraints and promote accessibility to electricity in underserved regions.

Shuttl

Series C in 2019
Shuttl exists to take the pain away from the daily commute. Currently, the company provides an app-based office shuttle service to make daily commute safe, reliable, affordable and dignified for everyone. The future of mass transit, according to us, will be shared, eco-friendly, tech-enabled commute. Shuttl is the future of public transport. It's a mobile-based minibus service aimed at making your daily commute more convenient. Their vehicles are air-conditioned and operate with high frequency on fixed routes freeing you from the hassles of existing public transport options at a very economical price point.

Arithmer

Series B in 2019
Arithmer Inc. is a Tokyo-based company that specializes in the research and development of artificial intelligence applied to mathematical sciences. The firm focuses on creating AI-driven systems that enhance various industries through advanced technology. Arithmer's offerings include tools for arithmetic optical character recognition, AI inspection, driving systems, chatbots, crisis management, and 3D vision robots. These innovations aim to improve operational accuracy and automate complex tasks that typically require specialized human expertise. The company integrates natural language processing for automatic report generation and employs big data analysis techniques to leverage modern mathematics, establishing itself as a leader in the application of AI technology.

M-aid

Corporate Round in 2019
M-aid is a healthcare company that develops an application to analyzes log and delivers the optimal information of the health diagnosis. This health application is called Healthy lab. It is an examination data such as diet, exercise, sleep, working time, medical examination, and valuable data (log) such as medications taking are analyzed with the app. Healthy lab can record various activities such as diet, sleep, and exercise volume to grasp health status. It is possible to link the medical examination results that are seen on paper. These health data can be aggregated to obtain excellent health suggestions from the app and information about future health predictions. In addition to the application development business, the company also has medical information services business, Stress Check service business, Fitness business, and Food business. M-aid was founded in 2015 and is headquartered in Nagoya, Japan.

UVeye

Series A in 2019
UVeye Ltd. is a computer vision company that specializes in designing and manufacturing advanced vehicle inspection systems. Established in 2016 and based in Stamford, Connecticut, UVeye's technology employs high-resolution cameras and machine learning algorithms to scan vehicles quickly, identifying anomalies such as oil leaks, rust, and potential security threats like concealed weapons. The company's offerings include a stationary under vehicle inspection system and a lightweight mobile unit, both capable of generating 3D images of a vehicle's undercarriage. These systems are utilized in over 200 locations worldwide, including government facilities, dealerships, and vehicle fleets. UVeye's products also feature license plate recognition capabilities, storing vehicle information for future reference. The company has received support from notable investors, including major automotive manufacturers, emphasizing its importance in enhancing maintenance and security across various sectors.

Powerhive

Series B in 2019
Powerhive Inc. specializes in rural electrification by offering tools and services that facilitate the implementation of energy access projects globally. Its primary technology platform, Honeycomb, is a cloud-based software that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Additionally, the company provides Asali, a smart meter designed for off-grid microgrid applications, and SWARM, a tool that aids in project development through effective site selection and customer identification. Powerhive also offers a range of services related to microgrid operations management and project deployment, including market feasibility studies, design services, and on-site training. Founded in 2011 and headquartered in Berkeley, California, with an office in Nairobi, Kenya, Powerhive aims to deliver affordable and reliable electricity to off-grid communities in emerging markets, enabling access to power for small appliances and income-generating activities.

Smart Holdings

Venture Round in 2019
Smart Holdings Inc., founded in 2010 and based in Tokyo, Japan, specializes in system development services and original products utilizing 3D technology for automobile design and development. The company offers IT solutions that enhance manufacturing processes, alongside corporate strategies and professional services. Additionally, Smart Holdings operates as a management consulting firm, focusing on group management strategy and business administration to support various industries.

Flare

Corporate Round in 2019
Flare is an application for drivers to increase revenue. It is a network system for automobile advertisement.They can offer automobile advertisement in the most appropriate form with the latest technology.

Kyusyu Nanotec Optics

Corporate Round in 2019
Kyusyu Nanotec Optics Co., Ltd. is a manufacturing company based in Hayami-Gun, Japan, with a branch in Tokyo. Founded in 2004, it specializes in the production of high-function liquid crystal films and other optical materials. The company's products find applications in various settings, including offices, hospitals, exhibition halls, and private spaces. Kyusyu Nanotec Optics focuses on research and development to enhance its offerings, providing innovative solutions in light control and optical technology.

mobilityX

Series A in 2018
mobilityX provides integrated mobility-as-a-service solutions to commuters and companies. They offer commuters various urban mobility options for door-to-door travel through an integrated platform.

JOLED

Corporate Round in 2018
JOLED is a manufacturer focused on the research, development, production, and sales of organic light-emitting diode (OLED) displays and their components. The company operates a mass production line for printed OLED displays at its facility in Nomi, which began in November 2019. JOLED specializes in medium-sized OLED displays designed for high-end monitors, medical applications, and automotive use. Additionally, the company is advancing its research and development efforts in flexible and foldable OLED technology, aiming to expand its applications across various sectors, including medical, entertainment, and signage.

Droom

Series D in 2018
Droom Technology Private Limited is an e-commerce company that operates an online marketplace for buying and selling automobiles in India. Established in 2014 and headquartered in Gurugram, with an additional office in Fremont, California, Droom facilitates transactions through a variety of formats, including B2C, C2C, C2B, and B2B. The platform offers a wide selection of over 600,000 vehicles, including cars, bikes, and other modes of transportation, with an inventory valued at over $14 billion sourced from more than 20,000 auto dealers across 1,091 cities. Droom provides additional services such as auto loans, vehicle insurance, roadside assistance, and various automobile maintenance services. The company has developed a comprehensive ecosystem around used automobiles, featuring tools for vehicle history checks, pricing, and inspections, making it a leader in the Indian online automobile market with an 80% share in online transactions. Droom is recognized for its innovative use of technology and data, earning a reputation as one of the most trusted consumer internet brands in India.

AeroEdge

Venture Round in 2018
AeroEdge manufactures equipment for the aerospace industry. It specializes in automobile, hydraulic equipment, construction machinery, and aerospace. The company was founded in 2015 and is headquartered in Tokyo, Japan.

Zipline

Series C in 2018
Zipline Inc. is a California-based company that specializes in designing, manufacturing, and operating drones for the delivery of essential medical supplies, including vaccines, medicines, and blood. Founded in 2011 and headquartered in Half Moon Bay, the company aims to provide instant access to vital medical products for every individual globally. Since its inception, Zipline has developed a rapid delivery drone and an autonomous logistics network, allowing for efficient distribution to hospitals and health centers, particularly in remote areas. By leveraging its proprietary fixed-wing drone technology, Zipline facilitates timely deliveries that support the medical community and enhance patient care.

Allkem

Post in 2018
Allkem is an industrial chemical and mineral exploration company based in Brisbane, Australia, specializing in the extraction and development of lithium, potash, and other mineral deposits. As a prominent player in Argentina's Lithium Triangle, Allkem operates the Salar de Olaroz lithium project, which is notable for being the first large-scale brine-based lithium operation established in over two decades. The facility is designed to produce high-quality lithium carbonate, with plans for further production expansion in response to increasing market demand. Additionally, Allkem has enhanced its industrial minerals capabilities through its acquisition of Borax Argentina, which has been a key supplier of boron minerals and refined chemicals for over fifty years. The company is strategically positioned for substantial growth, with opportunities for expansion at the Salar de Olaroz and potential developments at the Salar de Cauchari, as well as a diverse pipeline of lithium, potash, and borate projects in the Puna region of northern Argentina.

Nuvve

Series A in 2017
Nuvve is focused on advancing the electrification of transportation through its innovative vehicle-to-grid (V2G) technology. This technology aims to reduce the cost of electric vehicle ownership while facilitating the integration of renewable energy sources such as solar and wind. The company's Grid Integrated Vehicle (GIVe) platform offers intelligent, bidirectional charging solutions that support the next generation of electric vehicle fleets. Nuvve operates primarily in the United States, as well as in the United Kingdom and Denmark, with the majority of its revenue generated in the U.S.

Seven Seas Technologies Group

Venture Round in 2016
Seven Seas Technologies is a business and technology solutions firm focused on healthcare systems. SST’s offerings have evolved from network equipment sales and installation to more complex service provisions such as consulting, systems integration, and training. The company’s strategy to develop its product range and focus on key growth sectors has enabled it to further establish itself as a leading player in the market.

Kyoto Robotics

Venture Round in 2015
Kyoto Robotics Corporation is a robotics and automation company based in Kusatsu, Japan, founded in 2000. The company specializes in developing intelligent picking robots tailored for logistics systems, focusing on applications such as palletizing and piece-picking. Kyoto Robotics offers advanced solutions that incorporate a 3D robot vision system capable of object recognition and pose estimation, allowing the robots to intelligently navigate and control their movements. In addition to its robotic products, the company also provides technical support services to ensure effective integration and operation. Formerly known as 3D MEDiA Co., Ltd., Kyoto Robotics adopted its current name in January 2018.

ChargePoint

Series D in 2012
ChargePoint, Inc., founded in 2007 and based in Campbell, California, operates the world’s leading network of electric vehicle (EV) charging stations. Initially known as Coulomb Technologies, the company rebranded in December 2012. ChargePoint offers a range of charging solutions, including public charging stations, consumer subscription plans, and cloud-based services that assist utility companies in managing electric demand. Its hardware products cater to various applications, including home, commercial, and fast-charging systems. The ChargePoint app enhances user experience by allowing consumers to locate, reserve, and monitor their charging sessions. Although it has a global presence with offices in Arizona, Germany, India, the Netherlands, and the United Kingdom, the majority of ChargePoint's revenue is generated in the United States.

Eurus Energy Holdings

Funding Round in 2010
Eurus Energy Holdings Corporation operates from its headquarters in Japan. Its development activities are managed through its worldwide locations in Japan (Eurus Energy Japan), the United States (Eurus Energy America) and Europe (Eurus Energy Europe). Eurus Energy Holdings recognized the potential of wind energy ahead of many other players. It is the largest wind power developer in Japan, and is one of the world leaders in the field

Eliiy Power

Venture Round in 2009
Eliiy Power Co., Ltd. is a Tokyo-based company that develops, manufactures, and markets lithium-ion batteries and electricity storage systems. Founded in 2006, the company focuses on producing large-sized batteries and hybrid electricity storage systems suitable for both indoor and outdoor applications. Eliiy Power emphasizes safety in its products, offering batteries that remain safe under extreme conditions, such as puncturing or overcharging. By promoting the use of energy-efficient lithium-ion batteries, the company aims to enhance energy efficiency and contribute to the growing electricity storage market.
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