About Energy & Environment Investment
Energy & Environment Investment is a venture capital firm founded in 2006. It is primarily based out of Shinagawa, Japan. As of Aug 2026, Energy & Environment Investment is an active investor, having invested in 112 companies, with 7 new investments in the last 12 months. It primarily invests in Series A round in Japan based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and HealthTech. Most recently it participated in the $***** Series B round of Advanced Composite Overall, Energy & Environment Investment portfolio has seen 1 unicorn, 15 IPOs and 5 acquisitions including key companies like Sansan, Synspective and Axelspace. A lot of funds co-invest with Energy & Environment Investment, with names like Mitsubishi UFJ Capital sharing a substantial percentage of its portfolio. Energy & Environment Investment has team of 20 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 4 more
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Energy & Environment Investment's List of Top Investments
Energy & Environment Investment has a portfolio of 112 companies, one of which is a Unicorn. Their most notable investments are in Tsubame BHB and mui Lab.Their portfolio spans across Japan, United States, Australia and 6 more locations. They have invested in High Tech, Enterprise Applications, HealthTech and 32 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Energy & Environment Investment:
1. Sansan
Business card management software for enterprises. It offers a cloud-based card management software for enterprises. Employees can upload and scan cards, the company then uses OCR technology and human transcription to digitize them. Digital cards can be then accessed by everyone in the company and the data can also be exported in a .csv format. Users can search for cards in the database and add tags.
Key facts about Sansan
- Founded Year: 2007
- Location: Tokyo (Japan)
- Stage: Public
- Total Funding till date: $118M
- Employee Count: 96 as on Jul 31, 2026
- Investors: T. Rowe Price, Goldman Sachs and 13 Others
- Latest Funding Round: Series E, Dec 06, 2018, $*****
- Highlight: Public
2. Synspective
Provider of cloud and AI-based satellite imaging data. It integrates data from the synthetic aperture radar satellite constellations and big data sources. It has applications in land displacement monitoring, flood damage analysis, solar potential area mapping, and facilities monitoring.
Key facts about Synspective
- Founded Year: 2018
- Location: Koto City (Japan)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $244M
- Employee Count: 202 as on Jul 31, 2026
- Investors: Nomura, Sumitomo Mitsui Trust Holdings and 24 Others
- Latest Funding Round: Series C, Jun 19, 2024, $*****
- Highlight: Public

3. Axelspace
Developer of microsatellites and earth observation platform providing related services. The company has developed and operated microsatellites since its establishment. It offers a one-stop microsatellite service. The company also provides an earth observation platform service that delivers insights across diverse industries. The company is dedicated to reducing the environmental impact linked with satellite mass production.
Key facts about Axelspace
- Founded Year: 2008
- Location: Chuo City (Japan)
- Stage: Public
- Total Funding till date: $107M
- Employee Count: 141 as on May 31, 2026
- Investors: SMBC Venture Capital, SBI Group and 26 Others
- Latest Funding Round: Series D, Dec 21, 2023, $*****
- Highlight: Public
4. Astroscale
Developer of satellite solutions for space debris removal. It provides users with an end-to-end rendezvous solution, which consists of two spacecraft to be launched stacked together. It leverages proximity rendezvous technologies and a magnetic capture mechanism, while another has a docking plate for capturing the debris. It also developed a micro-lite satellite for the in-situ debris environment awareness missions.
Key facts about Astroscale
- Founded Year: 2013
- Location: Sumida City (Japan)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $384M
- Employee Count: 479 as on Jul 31, 2026
- Investors: Mistletoe, DNCA Finance and 43 Others
- Latest Funding Round: Conventional Debt, Oct 06, 2023, $*****
- Highlight: Public
5. Shippio
Shippio is a provider of tech-enabled multi-modal freight forwarding services. It includes management of billing, exports, and imports, trade operations, document storage, sea and air freight, doorstep courier services, warehousing, trucking and fulfillment, international and multi-modal shipping, quotations, and estimates. Its clients include Mobby Ride and Yamashiro.
Key facts about Shippio
- Founded Year: 2016
- Location: Tokyo (Japan)
- Stage: Series C
- Total Funding till date: $46M
- Employee Count: 62 as on Jul 31, 2026
- Investors: MUFG, Mizuho Bank and 22 Others
- Latest Funding Round: Series C, Oct 30, 2025, $*****
- Highlight: Editors' Pick
Energy & Environment Investment's Year-on-Year Investment Trends
Energy & Environment Investment has invested in 112 companies over the last 16 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 14 investments, while as of Aug 2026, it has made 9 investments in this year. Its most recent first time investment was in Advanced Composite and most recent follow-on round was in TWO.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 4 | 9 |
2025 | 12 | 2 | 14 |
2024 | 13 | 1 | 14 |
2023 | 6 | 0 | 6 |
2022 | 0 | 0 | 0 |
2021 | 4 | 0 | 4 |
2020 | 7 | 1 | 8 |
2019 | 3 | 1 | 4 |
2018 | 2 | 0 | 2 |
2017 | 8 | 0 | 8 |
Energy & Environment Investment's Investments by Stage
Energy & Environment Investment has made 29 investments in Series A stage with an average round size of $6.28M, 22 investments in Seed stage with an average round size of $2.02M and 15 investments in Series B stage with an average round size of $23M.Stage of entry | No. of Investments |
|---|---|
Series A | 29 |
Seed | 22 |
Series B | 15 |
Series C | 5 |
Conventional Debt | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Energy & Environment Investment's Investments by Sector
Energy & Environment Investment has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Sustainability Tech, Energy Tech and Environment Tech. Notably, it has invested in 56 Tech companies, 52 Enterprise (B2B) companies, 24 Tech hardware companies and at least 21 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 21 |
Enterprise Applications | 15 |
Sustainability Tech | 15 |
Energy Tech | 13 |
Environment Tech | 12 |
Others | 96 |
Note: We have considered here, only first round of investments
Energy & Environment Investment's Investments by Geography
Energy & Environment Investment has made most investments in Japan (62), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Japan | 62 |
United States | 4 |
Australia | 1 |
Canada | 1 |
Germany | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Energy & Environment Investment's recent investments
Energy & Environment Investment has made 9 investments in 2026 so far. Advanced Composite and TWO are the latest among them.Here are the most recent investments by Energy & Environment Investment:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 17, 2026 | Japan | Series B | 2871 | - | |
Jul 27, 2026 | Japan | Series A | 2852 | [+2] | |
Jul 27, 2026 | Japan | Series B | 9223 | [+2] | |
Jul 23, 2026 | Japan | Series D | 8052 | ||
Jun 19, 2026 | Japan | Series B | 2355 | [+14] |
Unicorns in Energy & Environment Investment's Portfolio
Energy & Environment Investment has 1 unicorn in its portfolio - Ample. The most recent unicorn in their portfolio is Ample which became a unicorn in 2021, 4 years before Energy & Environment Investment first invested in it.Here is a list of unicorns in Energy & Environment Investment's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
58 | Provider of modular battery swapping for electric vehicles | 2014 | San Francisco | Series D | fttddji |
IPOs and Publicly Listed companies in Energy & Environment Investment's Portfolio
15 of Energy & Environment Investment's portfolio companies have become public. I-Grid got listed on the Tokyo Stock Exchange (TYO), in Jul 2026 at marketcap of $151M and Axelspace got listed on the Tokyo Stock Exchange (TYO) at marketcap of $111M.Here are Energy & Environment Investment's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 29, 2026 | - | - | 5224 | |
Aug 13, 2025 | Sep 16, 2015 | Series A | 4939 | |
Dec 19, 2024 | - | - | 8363 | |
Jun 05, 2024 | - | - | 8385 | |
Mar 26, 2024 | - | - | 3765 |
Acquired companies in Energy & Environment Investment's Portfolio
5 companies from Energy & Environment Investment's portfolio have been acquired. The most recent acquisition was Innowatts in Sep 2025 by GridX for $*****.Here are Energy & Environment Investment's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 02, 2025 | Aug 09, 2017 | Series A | 8455 | |
Apr 10, 2023 | Jun 14, 2020 | Series A | 3864 | |
Nov 23, 2022 | Oct 31, 2017 | Seed | 5894 | |
Aug 29, 2022 | Dec 02, 2020 | Series C | 4209 | |
Jul 30, 2013 | Sep 10, 2010 | Series B | 4492 |
Team profile of Energy & Environment Investment
Energy & Environment Investment has a team of 20 members including 6 Partners, 2 Venture Partners and 9 Principals located in Japan, United Kingdom and 2 more locations. Energy & Environment Investment's team does not sit on the board of any company as of now.Here is a list of top team members in Energy & Environment Investment:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Tokyo | - | ||
Partner | Japan | - | ||
Partner | - | - | ||
Partner | Japan | - | ||
Partner | London | - | - | |
Venture Partner | Netherlands | - | ||
Venture Partner | - | - | ||
Principal | - | - |
Co-investors of Energy & Environment Investment
Over the past 16 years, 425 investors have co-invested in Energy & Environment Investment's portfolio companies. This includes funds and angels.
- Invested before Energy & Environment Investment: CyberAgent Capital, Nissay Capital and 128 others have invested in rounds before Energy & Environment Investment. There are 3 companies where CyberAgent Capital has invested before Energy & Environment Investment and 3 companies where Nissay Capital has invested before Energy & Environment Investment.
- Top Co-investors of Energy & Environment Investment: 158 investors entered a company along with Energy & Environment Investment. These include investors like Mitsubishi UFJ Capital (8 companies).
- Invested after Energy & Environment Investment: A total of 137 investors have invested in Energy & Environment Investment's portfolio after their investments. Top Investors include Mitsubishi UFJ Capital (4 companies), Mizuho Bank (3 companies) and Suzuyo Shoji (3 companies).
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