Home World NYK invest in Climate Tech Growth Fund

NYK invest in Climate Tech Growth Fund

NYK has signed an agreement to invest in the Marunouchi Climate Tech Growth Fund, a new investment fund that will finance and grow climate tech startups contributing to decarbonization.

Financing will occur through Marunouchi Innovation Partners , which is owned by Mitsubishi Corporation , MUFG Bank, and Pavilion Private Equity .

NYK has established a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group’s oceangoing businesses. Further, in its new medium-term management plan “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing,” NYK sets forth its intention to carry out active up-front investment towards GHG reduction.

Through its participation in the Fund, NYK will seek to implement co-creation with startups introducing epoch-making ideas and technologies, and will aim to achieve decarbonization of its business and the creation of new business to add value to society.


Name Marunouchi Innovation Partners Co., Ltd.
Representative Representative Director/CEO Ichiro Miyoshi
Fund Managed Marunouchi Climate Tech Growth Fund L.P.
Capital JPY 150 million
Shareholders Mitsubishi Corporation: 90.1%
Pavilion Private Equity Co., Ltd. 5.0%
MUFG Bank, Ltd. 4.9%
Business Details Management of limited partnership

the Fund

Name Marunouchi Climate Tech Growth Fund L.P.
Date Launched April, 2023
Total Capital Commitment* 1st Closing: 400 million USD
Target: 800~1,000 million USD
General Partner (GP) Marunouchi Innovation Partners Co., Ltd.

*including the related entities for overseas investors.

Structure of the Fund

NYK has launched its new “NYK GREEN EARTH” brand to emphasize NYK’s ESG efforts to create new value initiatives for low carbon and decarbonization through green businesses. The NYK Group will encourage new value creation as a sustainable solution provider in order to strongly promote ESG management.

Previous articleFugro CEO join hydrographic leaders at International Hydrographic Organisation assembly
Next articleStolt Tankers supports World Day for Safety and Health at Work 2023