Diamond Edge Ventures, based in San Francisco, CA, was established in July 2018 as Mitsubishi Chemical Group's corporate venture capital arm
The companies will co-develop the second-generation Liquid Metal ZRT product
Aiming to expand oil conversion business and diversify raw materials
This investment in Lingrove is part of Mitsubishi Chemical’s efforts to achieve carbon neutrality by utilizing biomass while attaining sustainable growth
The partnership will enable the France-based start-up to further develop disruptive metallization technologies for the 3D memory industry; it also reflects MCHC’s commitment to expanding its core offerings in the electronic materials sector.
This round was led by Bpifrance’s SPI (Société de Projet Industriel) fund, managed on behalf of the French Government as part of the Investments for the Future Program (PIA), and Diamond Edge Ventures (DEV), the innovation investment arm of Mitsubishi Chemical Holdings Corporation (MCHC).
Subscribe to our newsletter & stay updated.
