Chugoku Electric Power Open Innovation

Profile and portfolio

Parent Chugoku Electric PowerHQ Hiroshima, JapanFounded 2020

Chugoku Electric Power Open Innovation is the corporate venture arm of Chugoku Electric Power, an energy company. It was founded in 2020 and is based in Hiroshima, Japan. Sectors it names: climate and energy, enterprise software, industrial technology and robotics.

Every figure links to its source

Snapshot

Investments closed by outcome

Data behind this graphic

Data behind this graphic
Item	Companies	Share
Active	5	71.4%
Exited	2	28.6%

Status as the firm tags it

Sources: S1 Chugoku Electric Power: Open innovation.

Scale and capital allocated

Data behind this graphic

Data behind this graphic
Measure	Value	Unit	Kind	Source
Companies backed	21	companies	Reported in the press	S2
Companies on the firm's portfolio page	7	companies	Counted from the firm's own list	S1

Sources: S2 Chugoku Shimbun: Energia Creation Lab investments in 21 ventures totalling over JPY 1bn; S1 Chugoku Electric Power: Open innovation.

Where it invests

Geography

Headquarters: Hiroshima, Japan

Investment regionsS1

Asia

Key facts

Fact	Value	Status	Source
Parent company	Chugoku Electric Power (TSE: 9504)	Single source	S1
Parent industry	Energy and utilities	Single source	S1
Founded	2020	Single source	S1
Headquarters	Hiroshima, Japan	Single source	S1
Status	Active	Single source	S1
Capital source	Parent company only	Single source	S1
Companies backed	21	Single source	S2

About Chugoku Electric Power

Item	Detail	Source
Listed as	TSE: 9504	S1
Headquarters	Japan	S1

Portfolio

The firm's portfolio page lists 7 companies: 5 active, 2 exited.S1

The firm also states 21 companies backed. The page list and the stated total measure different things.S2

Companies by status on the firm's list. Status as the firm tags itS1
Tag	Companies	Share
Active	5	71.4%
Exited	2	28.6%

Shared portfolio with other corporate VCs

6 companies on the Chugoku Electric Power Open Innovation portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

Firm	Shared	Companies in common
INPEX Ventures	1	Enecoat Technologies
JGC Mirai Innovation Fund	1	Enecoat Technologies
Woven Capital	1	Enecoat Technologies
Hulic Startup	1	Ixs
Kyushu Electric Power	1	Ixs
Sony Innovation Fund	1	Ixs
Rakuten Capital	1	AWL
Safie Ventures	1	AWL
Nihonkai Gas Kizuna Holdings	1	SIRC
Sanso Ventures	1	SIRC
YMFG Capital	1	Schoo
Lotte Ventures Japan	1	モニクル

Companies backed by the most corporate VCs

Every company on the Chugoku Electric Power Open Innovation list

7 companies, as listed on the firm's own website: 5 active, 2 exited.S1 Read the firm's list.

Active 5

AWL
Enecoat Technologies
Ixs
Monicle
SIRC

Exited 2

Schoo
ZenmuTech

Official pages

Read the firm's own pages for current information.

Website www.energia.co.jp/corp/active/labo/index.html

Sources

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by Chugoku Electric Power Open Innovation or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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