MOL Switch is a venture capital firm established by Mitsui O.S.K. Lines, focusing its investments on climate tech startups and venture capital funds. Its strategy is to drive decarbonization by investing in technologies related to next-generation clean energy, carbon removal, and battery technology, aiming to achieve net-zero greenhouse gas emissions for the MOL Group by 2050 and contribute to a sustainable society.
50% of their portfolio is in Climate & Energy. Their most common stage is seed (50% of deals). Average disclosed round size is $54.2M (across 3 rounds with reported amounts).
Portfolio
4
Fund Size
$100M
Top Stage
Seed
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
4 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Ammobia | Seed | $7.5M | Jan 2026 |
 Vycarb | Seed | $5M | Oct 2025 |
 Heirloom Carbon | Series B | $150M | Dec 2024 |
| RREGENT Craft | Unknown | — | Jun 2024 |
Top Co-Investors
Future Positive Capital1 shared
Lowercarbon Capital1 shared
Ahren Innovation Capital1 shared
Breakthrough Energy Ventures1 shared
Carbon Direct Capital1 shared
Japan Airlines1 shared
MCJ Collective1 shared
Mitsubishi Corporation1 shared
Siemens Financial Services1 shared
Twynam1 shared
Clocktower Technology Ventures1 shared
SGInnovate1 shared
Shell1 shared
Chevron Technology Ventures1 shared
Alumni Ventures Group1 shared
Motivate Venture Capital1 shared
Starlight Ventures1 shared
Collaborative Fund1 shared
Zero Infinity Partners1 shared
ALIAD1 shared
Last updated: 12 April 2026