Search company, investor...

Predict your next investment

Corporation
INDUSTRIALS | Manufacturing / Heavy Equipment Manufacturing
mhi.com

Investments

25

Portfolio Exits

3

Partners & Customers

10

About Mitsubishi Heavy Industries

Mitsubishi Heavy Industries (TYO: 7011) is a heavy machinery manufacturer. The company's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry, and air-conditioning systems.

Headquarters Location

2-3, Marunouchi 3-chome, Chiyoda-ku

Tokyo, 100-8332,

Japan

+81-3-6716-3111

Want to inform investors similar to Mitsubishi Heavy Industries about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Research containing Mitsubishi Heavy Industries

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Mitsubishi Heavy Industries in 1 CB Insights research brief, most recently on Apr 11, 2022.

Latest Mitsubishi Heavy Industries News

EXCLUSIVE-Japan, Britain and Italy plan to place advanced jet fighter project HQ in UK -sources

Sep 21, 2023

"It was made clear in London that it could possibly come in at a later date," an Italian defence ministry source said, declining to be identified because they are not authorised to speak to the media. Britain's lead company in GCAP is BAE Systems PLC, with Mitsubishi Heavy Industries representing Japan. Reuters | Updated: 21-09-2023 12:47 IST | Created: 21-09-2023 12:42 IST SHARE Japan, Britain and Italy plan to choose Britain as the headquarters for their next-generation fighter program, four sources in Japan said, putting London at the forefront of a partnership that could expand to include other nations. The three countries established the Global Combat Air Programme (GCAP) in December after Britain and Japan agreed to merge their fighter efforts in a ground-breaking collaboration that aims to deploy an advanced aircraft by the middle of the next decade. Japan and Britain will dominate design and manufacturing on the project, with London's deeper and more recent experience in jet fighter development likely to give it a leading role in organising the program, said three of the sources, who have knowledge of internal discussions. "The headquarters will be in Britain, but for the sake of balance, someone from Japan could head it," said one of the sources, all of whom asked not to be identified because of the sensitivity of the issue. "Discussion about the headquarters is ongoing and we are unable to comment on the location," Japan's defence procurement agency said in an email. A development framework for the fighter would be established in the next fiscal year, it added. "No final decisions have been made on the locations and we will not comment on speculation," a spokesperson at Britain's defence ministry said. Officials at the Italian defence ministry were unavailable for comment. Reuters in March reported that Italy was set to pay for about a fifth of the overall development cost, which the country's government dismissed as "speculative". OTHER COUNTRIES On Friday, the head of Italian defence and aerospace group Leonardo said Saudi Arabia would not be a core partner in the project, after the Financial Times last month said it was pushing to join. GCAP could welcome the country in a more limited role because it would bring money and a lucrative market to a project expected to cost tens of billions of dollars, the three sources said. One of its neighbours in the Middle East, The United Arab Emirates, has also shown interest, they added. There had been conversations on possibilities with Saudi Arabia, but no decision beyond that, Richard Berthon, director of Future Combat Air at Britain's Ministry of Defence, said at London's DSEI arms show last week. "It was made clear in London that it could possibly come in at a later date," an Italian defence ministry source said, declining to be identified because they are not authorised to speak to the media. Britain's lead company in GCAP is BAE Systems PLC, with Mitsubishi Heavy Industries representing Japan. European missile maker MBDA will also join the project, along with avionics manufacturer Mitsubishi Electric Corp . Britain's Rolls-Royce PLC, Japan's IHI Corp and Italy's Avio Aero will work on the engine. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:

Mitsubishi Heavy Industries Investments

25 Investments

Mitsubishi Heavy Industries has made 25 investments. Their latest investment was in Advanced Ionics as part of their Series A on August 8, 2023.

CBI Logo

Mitsubishi Heavy Industries Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/15/2023

Series A

Advanced Ionics

$12.5M

Yes

5

6/5/2023

Series B - II

Amogy

$11M

Yes

7

8/9/2022

Corporate Minority

TuasOne

Yes

1

7/14/2022

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

6/28/2022

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/15/2023

6/5/2023

8/9/2022

7/14/2022

6/28/2022

Round

Series A

Series B - II

Corporate Minority

Unattributed VC

Series B

Company

Advanced Ionics

Amogy

TuasOne

Subscribe to see more

Subscribe to see more

Amount

$12.5M

$11M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

7

1

10

10

Mitsubishi Heavy Industries Portfolio Exits

3 Portfolio Exits

Mitsubishi Heavy Industries has 3 portfolio exits. Their latest portfolio exit was Artemis Intelligent Power on January 14, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/14/2021

Acquired

$99M

1

10/14/2020

IPO

Subscribe to see more

$99M

Subscribe to see more

10

10/11/2019

Merger

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/14/2021

10/14/2020

10/11/2019

Exit

Acquired

IPO

Merger

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Mitsubishi Heavy Industries Acquisitions

7 Acquisitions

Mitsubishi Heavy Industries acquired 7 companies. Their latest acquisition was Concentric on July 07, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/7/2023

$99M

Acquired

3

4/17/2023

Other

Subscribe to see more

$99M

$99M

Subscribe to see more

10

9/23/2019

Subscribe to see more

$99M

Subscribe to see more

10

6/25/2019

Subscribe to see more

$99M

Subscribe to see more

10

3/2/2018

Grant

Subscribe to see more

$99M

$99M

Subscribe to see more

10

Date

7/7/2023

4/17/2023

9/23/2019

6/25/2019

3/2/2018

Investment Stage

Other

Grant

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

$99M

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

10

10

10

10

Mitsubishi Heavy Industries Partners & Customers

10 Partners and customers

Mitsubishi Heavy Industries has 10 strategic partners and customers. Mitsubishi Heavy Industries recently partnered with SBM Offshore on September 9, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

9/15/2023

Partner

Netherlands

SBM Offshore and MHI sign partnership agreement for FPSO CO2 capture solution

Kenji Terasawa , CEO and Head of Engineering Solutions at Mitsubishi Heavy Industries Ltd. commented : `` We are very pleased to establish a new partnership with SBM Offshore , a leading FPSO company that is essential to the energy industries .

2

8/21/2023

Partner

Japan

1

7/14/2023

Partner

Australia

1

7/11/2023

Vendor

United States

Subscribe to see more

Subscribe to see more

10

6/6/2023

Vendor

Switzerland

Subscribe to see more

Subscribe to see more

10

Date

9/15/2023

8/21/2023

7/14/2023

7/11/2023

6/6/2023

Type

Partner

Partner

Partner

Vendor

Vendor

Business Partner

Country

Netherlands

Japan

Australia

United States

Switzerland

News Snippet

SBM Offshore and MHI sign partnership agreement for FPSO CO2 capture solution

Kenji Terasawa , CEO and Head of Engineering Solutions at Mitsubishi Heavy Industries Ltd. commented : `` We are very pleased to establish a new partnership with SBM Offshore , a leading FPSO company that is essential to the energy industries .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

1

1

10

10

Mitsubishi Heavy Industries Team

3 Team Members

Mitsubishi Heavy Industries has 3 team members, including current Executive Vice President, Emmanouil Kakaras.

Name

Work History

Title

Status

Emmanouil Kakaras

Executive Vice President

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Emmanouil Kakaras

Subscribe to see more

Subscribe to see more

Work History

Title

Executive Vice President

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Compare Mitsubishi Heavy Industries to Competitors

Mitsubishi Power Logo
Mitsubishi Power

Mitsubishi Hitachi Power Systems is a company in the field of thermal power generation systems and environmental technology.

Cool Planet Technologies Logo
Cool Planet Technologies

Cool Planet Technologies (CPT) is a carbon capture company aiming to significantly reduce the cost of removing carbon dioxide from industrial flue gas emissions using a membrane-based technology. It provides its services to the oil and gas industry. It was established in 2019 and is headquartered in London, United Kingdom.

S
Solecta

Solecta employs advanced membrane technology to provide selective, energy-efficient, and cost-effective separation solutions to major industrial sectors. It offers analytical services, polymeric membranes, consultative services, and manufacturing capabilities. It was founded in 1998 and is based in Oceanside, California.

A
Aerophase

Aerophase, Inc. is a Longmont, CO based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Aerophase, Inc.'s business and areas of expertise. Biodiesel is a key component in US plans to reduce dependence on foreign oil and decrease the environmental impacts of using fossil fuels—but current feedstocks and production technologies prevent it from being cost-competitive. This project will provide enabling technologies for a costeffective, energy-efficient method of producing biodiesel fuels from a variety of lowercost feedstocks. Biodiesel is a key component in U.S. plans to reduce dependence on foreign oil and decrease the environmental impacts of using fossil fuels—but current production technology is not cost-competitive. This project will provide enabling technologies for a cost-effective, energy-efficient method of producing biodiesel fuels.

Carbon8 Systems Logo
Carbon8 Systems

Carbon8 Systems develops accelerated carbonation technology (ACT), an integrated waste treatment solution for industrial wastes and contaminated soils. The system can be used as part of an industrial process or as an onsite ground remediation technique. It was founded in 2005 and is based in Chatham, United Kingdom.

Climeworks Logo
Climeworks

Climeworks captures carbon dioxide (CO2) from the air with commercial carbon removal technology. The company specializes in direct air capture and storage (DAC+S) technology, which removes unavoidable and historic CO2 from the air. The company was founded in 2009 and is based in Zurich, Switzerland.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.