Global Brain has invested in EneCoat Technologies Co., Ltd. (EneCoat Technologies), a developer of perovskite solar cells, through its JGC MIRAI Innovation Fund L.P. (JGC MIRAI Innovation Fund).

EneCoat Technologies is a company that is developing solar cells based on the results of research conducted at the Wakamiya Laboratory of the Institute for Chemical Research, Kyoto University. EneCoat Technologies aims to develop perovskite solar cells with higher power generation efficiency and durability and establish manufacturing process technology for larger-scale products for the realization of a carbon-neutral society. The company is the only startup to be selected for the "Green Innovation Fund Project: Development of Next Generation Solar Cells" by the New Energy and Industrial Technology Development Organization (NEDO), attracting attention as a leader in the practical application of perovskite solar cells. EneCoat Technologies will continue its research and development for the practical application and social implementation of perovskite solar cells, aiming to make them the main power source, achieve carbon neutrality, and contribute to solving ultra-long term energy issues.

Global Brain has decided to invest in EneCoat Technologies based on the company's advanced technological capabilities and the market potential of perovskite solar cells. We will contribute to the business growth of EneCoat Technologies in cooperation with the JGC Group.

About EneCoat Technologies

Location
Kuse-gun, Kyoto, Japan
Representative
Naoya Kato
Founded
January 2018
URL
https://enecoat.com/index_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/