Marunouchi Innovation Partners Co., Ltd. (MIP) is pleased to announce the launch of Marunouchi Climate Tech Growth Fund L.P. (the Fund). The Fund will invest primarily in companies dedicated to decarbonization through the development of climate tech. As of its initial closing, the Fund (including the related investment vehicles for overseas Investors) has raised 400 million USD of capital commitment from investors. MIP plans to raise new investment through additional rounds of funding and increase the size of the Fund to 800 million ~ one billion USD by its final closing.

With the Fund prioritizing investments aimed at spurring growth in companies dedicated to climate tech solutions, MIP shall leverage this opportunity to help commercialize, scale up and rollout those entities’ cutting-edge technologies. As a result, the Fund should not only help to boost those entities’ corporate value, but also support decarbonization and the realization of a carbon-neutral society.