
Investments
7Portfolio Exits
1Partners & Customers
10
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Latest Sekisui Chemical News
Apr 24, 2023
Posted on April 24, 2023 Japanese firm Sekisui Chemical and Tokai Carbon have entered into a partnership for a practical application of the technology for manufacturing various carbon materials and products (CCU) and technology for capturing and storing carbon dioxide as solid carbon (CCS) using carbon monoxide (CO) produced by technology that efficiently convert CO2 into CO (chemical looping reaction technology). The realisation of this scheme provides a new method of CCS, reduce dependence on fossil resources and contribute to the de-carbonisation in producing various carbon products. Sekisui says it is currently developing an innovative chemical looping reaction technology that converts CO2 to CO at a high yield 90% using a proprietary catalyst and reaction process. Meanwhile, Tokai is developing products using raw materials in various forms (solid, liquid, gaseous) considering the suitable compositions and manufacturing methods for each forms. The manufacturing and evaluation technologies backed by more than 100 years endeavour are supporting its development. This partnership aims to achieve CCU technology, which converts CO2 in exhaust gas derived from the carbon manufacturing process to CO, using chemical looping reaction technology, and then further converts CO to carbon for manufacturing carbon products. CO2 will be stored as a solid carbon and not directly in this CCS technology. These methods result in a lower amount of CO2 generated from the carbon manufacturing process, as well as a higher conversion efficiency by the two-step conversion method (CO2→CO→Carbon) compare to the direct conversion method (CO2→Carbon) and broaden the potential storage location by eliminating the need to use pressure to stock chemical materials and energies. If environmental impact and economic feasibility are recognised through this partnership, the companies will proceed with a pilot project and aim to commercialise the technology by 2030. This partnership will contribute to global decarbonisation and circular economy, by reducing CO2 during manufacturing carbon and its products, with carbon through CCU and reducing CO2 emission through CCS which not limits the CO2 source to carbon manufacturing but from much wider CO2 sources.
Sekisui Chemical Investments
7 Investments
Sekisui Chemical has made 7 investments. Their latest investment was in renoveru as part of their Corporate Minority - IV on April 4, 2023.

Sekisui Chemical Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/18/2023 | Corporate Minority - IV | renoveru | Yes | 2 | ||
8/24/2022 | Unattributed VC | |||||
7/8/2021 | Series B | |||||
6/1/2018 | Corporate Minority - II | |||||
5/28/2018 | Corporate Minority |
Date | 4/18/2023 | 8/24/2022 | 7/8/2021 | 6/1/2018 | 5/28/2018 |
---|---|---|---|---|---|
Round | Corporate Minority - IV | Unattributed VC | Series B | Corporate Minority - II | Corporate Minority |
Company | renoveru | ||||
Amount | |||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 2 |
Sekisui Chemical Portfolio Exits
1 Portfolio Exit
Sekisui Chemical has 1 portfolio exit. Their latest portfolio exit was Advanced Cell Technology and Engineering on January 17, 2019.
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 |
---|---|---|---|---|---|
1/17/2019 | Acquired | 1 |
Date | 1/17/2019 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 1 |
Sekisui Chemical Acquisitions
4 Acquisitions
Sekisui Chemical acquired 4 companies. Their latest acquisition was AIM Aerospace on June 17, 2019.
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 |
---|---|---|---|---|---|---|
6/17/2019 | Debt | $145M | Acquired | 1 | ||
4/5/2018 | Other | |||||
6/23/2015 | Growth Equity | |||||
12/5/2014 |
Date | 6/17/2019 | 4/5/2018 | 6/23/2015 | 12/5/2014 |
---|---|---|---|---|
Investment Stage | Debt | Other | Growth Equity | |
Companies | ||||
Valuation | ||||
Total Funding | $145M | |||
Note | Acquired | |||
Sources | 1 |
Sekisui Chemical Partners & Customers
10 Partners and customers
Sekisui Chemical has 10 strategic partners and customers. Sekisui Chemical recently partnered with Tokai Carbon on April 4, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/24/2023 | Partner | Japan | Sekisui Chemical & Tokai Carbon to work on carbon capture and utilisation technology This partnership aims to achieve CCU technology , which converts CO2 in exhaust gas derived from the carbon manufacturing process to CO , using chemical looping reaction technology , and then further converts CO to carbon for manufacturing carbon products . | 1 | |
3/6/2023 | Partner | Germany | Capital and business partnership with Advanced Air Mobility manufacturer Volocopter GmbH . | 1 | |
5/20/2022 | Partner | United States | SEKISUI Specialty Chemicals Now Runs on Renewable Energy SEKISUI CHEMICAL 's partnership with TXU Energy brings the company one step closer to the Vision 2030 goal of using 100 % renewable energy . | 2 | |
7/20/2021 | Partner | ||||
4/16/2020 | Partner |
Date | 4/24/2023 | 3/6/2023 | 5/20/2022 | 7/20/2021 | 4/16/2020 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Japan | Germany | United States | ||
News Snippet | Sekisui Chemical & Tokai Carbon to work on carbon capture and utilisation technology This partnership aims to achieve CCU technology , which converts CO2 in exhaust gas derived from the carbon manufacturing process to CO , using chemical looping reaction technology , and then further converts CO to carbon for manufacturing carbon products . | Capital and business partnership with Advanced Air Mobility manufacturer Volocopter GmbH . | SEKISUI Specialty Chemicals Now Runs on Renewable Energy SEKISUI CHEMICAL 's partnership with TXU Energy brings the company one step closer to the Vision 2030 goal of using 100 % renewable energy . | ||
Sources | 1 | 1 | 2 |
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