Japan’s leading climate-tech company アスエネ raised ¥13.5 billion in Series D, bringing cumulative funding to ¥25 billion. Funds affiliated with BlackRock and Temasek participated jointly, and the company plans to acquire UK-based Secaro’s operating company for up to ¥6 billion.
Japan’s climate-tech company アスエネ announced that it had raised ¥13.5 billion in Series D. Cumulative funding has consequently reached approximately ¥25 billion, with lead investors including Decarbonization Partners, a fund jointly managed by BlackRock and Temasek. The company also disclosed new subscriptions from Petronas’s CVC arm and individual investors, as well as additional investments from existing shareholders. It separately announced plans to acquire the operating company of UK-based Secaro for up to ¥6 billion.
Looking ahead, the company outlined a strategy to become an AI-powered sustainability integration company and pursue inorganic growth through M&A alongside organic growth. By the end of 2026, it aims to expand its customer base and secure local talent in Europe and the United States, while building a serial-acquirer platform that includes acquisitions outside Japan. The company also outlined plans to allocate most of the funds, excluding the secondary portion, to M&A and AI development and marketing.