- ASUENE, one of Asia’s fastest growing AI sustainability integrated companies, raises $87 million (£64m) in Series D funding, bringing its total funding raised to date to $161 million (£120m).
- The round is led by Decarbonization Partners, a joint venture between BlackRock and Temasek; the fund’s first investment in Japan.
- Proceeds will fund international M&A across Europe, North America, and Asia as ASUENE positions itself as a serial acquirer and deepens its push into the US, UK and EU sustainability disclosure markets.
- ASUENE aims to establish the de facto global standard for manufacturing supply chains.
ASUENE, an all-in-one decarbonisation and sustainability management solutions company based in Japan, announces it has raised $87 million in Series D funding, led by Decarbonization Partners – the joint venture between BlackRock and Temasek – marking the fund’s first investment in Japan and bringing ASUENE’s total funding to date to $161 million.
The Series D round comprises $43.8 million in new capital and $19.3 million in debt financing from Sumitomo Mitsui Banking Corporation (SMBC). The round brought together eight new and existing domestic and international investors such as DAIKIN and RICOH.
The proceeds will support ASUENE’s M&A plans, to accelerate business expansion in Japan and global markets, advance AI and product development, and launch new businesses. Through these initiatives, ASUENE aims to establish its platform as the global standard for enterprise sustainability management and the de facto global standard for manufacturing supply chains.
Dr. Meghan Sharp, Global Head and CIO of Decarbonization Partners, said: “As companies face increasing expectations to measure and reduce emissions across their operations and supply chains, sustainability data is evolving from a reporting requirement into a strategic business tool. ASUENE enables organizations not only to meet evolving disclosure requirements, but also to use emissions data to improve efficiency and drive better business outcomes. We’re excited to partner with the ASUENE team as they expand as an international integrated sustainability services company.”
Kohei Nishiwada, Founder and Chief Executive Officer of ASUENE, said: “We’re honored to announce the close of our Series D round, a total of US$87 million, led by Decarbonization Partners, BlackRock’s dedicated decarbonization investment fund.
This was a complex, high-stakes deal that took roughly ten months to bring home, involving a wide range of investors and stakeholders. We navigated it against a backdrop of rapid change in the market, most notably the rise of generative AI, and worked through no shortage of hard problems along the way. That we reached this close is a testament to the dedication and drive of everyone involved, inside and outside the company. To all of them, my deepest respect and gratitude.
Alongside world-class institutional investors like BlackRock and Temasek, our team is moving as one to accelerate further M&A, expansion across Japan, global growth, and our shift to AI sustainability integrated company. As an AI sustainability integrated platform built in Japan and taking on the world, we’re committed to driving social impact and creating value at a scale never seen before.
About ASUENE
ASUENE is an AI sustainability integrated company driven by its mission, “Changing the world for the next generation.” The company provides all-in-one AI sustainability integrated platform solutions, including the AI sustainability integrated platform ASUENE, the supply chain management platform ASUENE SUPPLY CHAIN, and AI powered Energy Reduction Platform NZero.
https://asuene.com/apac/
About Decarbonization Partners
Decarbonization Partners is a joint venture between Temasek and BlackRock focused on late-stage venture capital and early growth private equity investing in next-generation companies that provide solutions and technologies to help accelerate global efforts to achieve a net zero global economy by 2050. Decarbonization Partners combines Temasek and BlackRock’s complementary platforms and expertise in sourcing and underwriting private investments, portfolio and risk management, and sustainable technology and analytics. Decarbonization Partners invests in a wide range of companies that have proven technology and need capital to scale. For more information, visit https://www.decarbpartners.com/
