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Key people at NEDO.
The New Energy and Industrial Technology Development Organization (NEDO) serves as Japan's leading national research and development agency, dedicated to fostering technological advancements crucial for realizing a sustainable society. It innovates across industrial, energy, and environmental sectors, focusing on areas such as advanced materials, artificial intelligence, hydrogen, and fuel cell technologies. Through strategic project funding and collaborative initiatives, NEDO drives the development and commercialization of next-generation solutions and infrastructure.
NEDO was established on October 1, 1980, as a direct response to the global oil crises of the 1970s. The Japanese government initiated its formation with the foresight that robust domestic technological innovation in energy and industry would be paramount for national security and economic resilience. Its mandate was to develop and introduce new energy technologies, alongside promoting industrial technology development, acting as a critical public management organization in Japan's innovation ecosystem.
The organization's efforts primarily benefit Japanese industries, academic institutions, and research entities, enabling them to pursue high-risk, high-reward technological endeavors. NEDO's overarching vision is to accelerate the transition to a carbon-neutral future and enhance industrial competitiveness globally. It envisions a future where groundbreaking innovations address pressing environmental challenges and ensure long-term energy stability for Japan and the world.
Key people at NEDO.
NEDO has 2 tracked investments across 2 companies. The latest tracked deal is $26.9M Grant in Edgecortix in November 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 6, 2024 | Edgecortix | $26.9M Grant | Nedo | — |
| May 8, 2024 | Celaid Therapeutics | $4.3M Grant / Series A Extension | — | Joyo Capital Partners, Osaka University Venture Capital, SBI Investment, Technoscience, Atsushi Usami |