In the past, the company has invested in over 50 startups in the US, Europe, China, and Japan but is now focusing on environmentally friendly companies, it said.
“Our [CVC [corporate venture capital] team is excited for the opportunity to accelerate investments in early-stage startups hard at work to make a difference for our planet,” said Dr Takashi Morishita, general manager. “The ideas and technology being innovated now will be an invaluable asset in actualizing a carbon neutral society.”
Asahi Kasei also reportedly aims to reduce its own greenhouse gas emissions and improve the sustainability of its material sector products.