Nagase & Co. made an indirect investment in Kyoto Fusioneering through IMM Investment Japan Fund II. The investment is intended to secure business opportunities in the next-generation energy sector.
Nagase & Co. has invested in IMM Investment Japan Fund II, managed by IMM Investment Japan, Inc. The fund aims to invest in Kyoto Fusioneering through the Japan-Korea Fusion Fund. Nagase & Co. disclosed that it had made an indirect investment in Kyoto Fusioneering through this initiative.
Kyoto Fusioneering is a plant engineering startup seeking to commercialise fusion energy. It develops, designs and integrates core technologies, and is advancing technology development and business expansion as one of Japan’s leading players.
The investment is expected to contribute to the growth of the fusion industry as a next-generation clean energy sector, from the perspectives of achieving carbon neutrality and energy self-sufficiency. Nagase & Co. will continue to acquire expertise in the fusion sector, explore potential business opportunities and consider the possibility of partnerships.
An overview of Kyoto Fusioneering and IMM Investment Japan is also provided, together with the background and objectives of the investment.