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    Mitsubishi Heavy Industries logo

    Mitsubishi Heavy Industries

    Tokyo, JapanFounded 1884

    Mitsubishi Heavy Industries, Ltd. (MHI) is a Japanese multinational engineering, electrical equipment, and electronics corporation headquartered in Tokyo. While primarily an industrial manufacturer spanning energy, aerospace, defense, and infrastructure, MHI also makes strategic corporate venture investments in startups aligned with its business areas, particularly in clean energy, hydrogen, and advanced manufacturing technologies.

    50% of their portfolio is in Climate & Energy. Deal activity increased 200% year-over-year (3 deals in the last 12 months). Average disclosed round size is $198.1M (across 4 rounds with reported amounts).

    Find people at Mitsubishi Heavy Industries on Goldilocks AI

    Portfolio

    6

    Fund Size

    Top Stage

    Unknown

    Last 12 Mo

    3

    Team

    AA

    Akira Arita

    Senior Vice President, Energy Systems

    KS

    Koji Sakatani

    Senior Fellow, Vice President, Plants & Infrastructure Systems, CEO and CFO of Primetals Technologies Ltd.

    MH

    Masahiko Hokano

    Senior Vice President, Energy Systems

    TF

    Taro Fukazawa

    Senior Vice President, Plants & Infrastructure Systems

    YI

    Yoshihiro Ito

    Vice President, Industrial Solution Systems, President of Mitsubishi Heavy Industries Thermal Systems, Ltd.

    AS

    Akira Sugimoto

    General Manager, Integrated Defense & Space Systems

    CK

    Chibumi Kimura

    President and CEO(Note3), Plants & Infrastructure Systems

    Eisaku Ito

    Eisaku Ito

    CEO (Note3)

    FH

    Fumi Hara

    Chief Regional Officer, China, Chairman of Mitsubishi Heavy Industries (China) Co., Ltd.

    HM

    Hidehito Mimaki

    Head of Nuclear Energy Systems

    HY

    Hiroaki Yamamoto

    Deputy Head of Commercial Aviation Systems

    HS

    Hiroko Sato

    General Manager,Integrated Defense & Space Systems

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    6 investments
    CompanyRoundAmountDate
    AtmosZero logoAtmosZeroUnknownMar 2026
    FFervoSeries E$462MDec 2025
    Sapphire Technologies logoSapphire TechnologiesSeries C$18MSep 2025
    ZutaCore logoZutaCoreUnknownJun 2024
    Advanced Ionics logoAdvanced IonicsSeries A$12.5MAug 2023
    Monolith logoMonolithUnknown$300M

    Top Co-Investors

    Energy Capital Ventures1 shared
    Equinor1 shared
    bp ventures1 shared
    Clean Energy Ventures1 shared
    GVP Climate1 shared
    VXI Capital1 shared
    Constellation Technology Ventures1 shared
    TPG Rise Climate1 shared
    DCVC1 shared
    B Capital1 shared
    Marunouchi Innovation Partners1 shared

    Last updated: 7 September 2026