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CorporateVentureCapital.com

ME Innovation Fund

Profile, fund size and portfolio

Parent Mitsubishi ElectricHQ Tokyo, JapanFounded 2022

ME Innovation Fund is the corporate venture arm of Mitsubishi Electric, an industrial company. It was founded in 2022 and is based in Tokyo, Japan. It invests from Series A to Series B. Sectors it names: industrial technology and robotics, climate and energy, space and defense, enterprise software.

Fund sizeS2
JPY 5bn
Companies backedS2
16+

Every figure links to its source

Snapshot

Investment stage: Series A to Series B
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeries A to Series B
SectorsIndustrial technology and robotics, Climate and energy, Space and defense, Enterprise software
GeographyNorth America, Europe, Asia
OfficesTokyo, Japan

Sources: S1 ME Innovation Fund home page.

Graphic 1 of 2

Investment stage: Series A to Series B

Sources: S1 ME Innovation Fund home page.

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeJPY 5bnFund sizeStated by the firm or its parentS2
Companies backed16+companiesStated by the firmS2
Companies on the firm's portfolio page16companiesCounted from the firm's own listS2

Sources: S2 ME Innovation Fund portfolio.

Graphic 2 of 2

Scale and capital allocated

Firms and databases count companies, rounds and investments differently.

Sources: S2 ME Innovation Fund portfolio.

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Where it invests and who leads it

Geography

Headquarters
Tokyo, Japan

Investment regionsS1

LeadersS3

ME Innovation Fund on LinkedIn

Key facts

FactValueStatusSource
Parent companyMitsubishi Electric (TSE: 6503)Reported by Wikipedia: Mitsubishi ElectricS5
Parent industryIndustrial and manufacturingReported by Wikipedia: Mitsubishi ElectricS5
Founded2022Single sourceS1
HeadquartersTokyo, JapanReported by Wikipedia: Mitsubishi ElectricS5
StatusActiveSingle sourceS1
Capital sourceParent company onlySingle sourceS1
Headline sizeJPY 5bn (Fund size)Single sourceS2
Companies backed16+Single sourceS2
StagesSeries A, Series BSingle sourceS1

Portfolio

The firm's portfolio page lists 16 companies.S2

Shared portfolio with other corporate VCs

8 companies on the ME Innovation Fund 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.

FirmSharedCompanies in common
KDDI Open Innovation Fund4OptQC, Hayden AI, JIJ, QunaSys
Shizuoka Capital3Pale Blue, Things, エレファンテック
Future Creation Capital2Pale Blue, エレファンテック
Kuroneko Innovation Fund2Pale Blue, JIJ
Bricks Fund Tokyo1OptQC
Nissay Capital1OptQC
Shimadzu Future Innovation Fund1OptQC
Sumisho Venture Partners1OptQC
Chibagin Capital1Pale Blue
NTT DOCOMO Ventures1Hayden AI
IBM Ventures1QunaSys
Airbus Ventures1Solestial

Companies backed by the most corporate VCs

Every company on the ME Innovation Fund list

16 companies, as listed on the firm's own website.S2 Read the firm's list.

  • Archeda
  • Elephantech
  • Formic
  • Hayden AI
  • Hydroleap
  • JIJ
  • KEGMIL
  • Lucend
  • OptQC
  • Pale Blue
  • Pente Networks
  • QunaSys
  • SCADAfence
  • Solestial
  • Things
  • Zenno Astronautics

Fund vehicles

VehicleSizeYearSource
ME Innovation Investment Limited PartnershipJPY 5bn2022S2

History

  1. ME Innovation Fund established by Mitsubishi Electric and Global Brain.S1
  2. Invested in OptQC (Sept) and JIJ (Aug).S4

About Mitsubishi Electric

ItemDetailSource
Listed asTSE: 6503S5
HeadquartersJapanS5

Official pages

Read the firm's own pages for current information.

  • Website www.mitsubishielectric.com/cvc/
  • Portfolio www.mitsubishielectric.com/cvc/portfolio.html

Sources

  1. S1ME Innovation Fund home pageFirm
  2. S2ME Innovation Fund portfolioFirm
  3. S3ME Innovation Fund member pageFirm
  4. S4ME Innovation Fund newsFirm
  5. S5Wikipedia: Mitsubishi Electric, headquarters TokyoThird-party report

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by ME Innovation Fund 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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