Global Brain has made an additional investment in Kyoto Fusioneering Ltd. (KF), a company researching and developing the equipment and systems in the field of fusion plant engineering, through its JGC MIRAI Innovation Fund L.P. (JGC MIRAI Innovation Fund). Fusion energy, the power source of the sun and stars, is anticipated to be the next-generation solution addressing energy and environmental challenges. Alongside the ITER project, an international collaboration, fusion startups have gained momentum in fusion energy R&D, driven by increased private investment globally. This trend has fostered efforts to expedite the realization and industrialization of fusion energy. As a leading fusion power plant engineering company, KF focuses on R&D of essential equipment and systems for fusion reactor peripherals and power plants. Collaborating with companies and research institutions dedicated to fusion reactors and fusion energy, KF steadfastly drives the fusion energy industry towards commercialization. Furthermore, KF has initiated strategic partnerships with various stakeholders to develop a robust supply chain network for fusion energy equipment and components, both domestically and internationally. Global Brain has decided to additionally invest in KF because of its high expertise and technological capabilities in nuclear fusion, excellent management team, and market potential/impact of clean energy. Global Brain will contribute to the business growth of KF in collaboration with JGC group.

About KF

Location: (Tokyo Office)
Chiyoda-ku, Tokyo, Japan
Representative: Taka Nagao
Founded: October 2019
URL: https://kyotofusioneering.com/en/

About JGC MIRAI Innovation Fund

Name: JGC MIRAI Innovation Fund L.P.
General Partner: Global Brain Corporation
Fund Size: JPY 5 billion
Fund Term: 10 years

About Global Brain

Location: Tokyo, Japan
Representative: Yasuhiko Yurimoto
Founded: January 1998
URL: https://globalbrains.com/

Global Brain has made an additional investment in Kyoto Fusioneering Ltd., a company researching and developing the equipment and systems in the field of fusion plant engineering