Shimadzu Corporation has invested in RhinoFlux Corporation (Kyoto City), a startup originating from Kyoto University, through the corporate venture capital (CVC) fund "Shimadzu Future Innovation Fund" (hereinafter referred to as Shimadzu FIF). The company is developing a plant that efficiently generates electricity while recovering high-purity carbon dioxide from biomass resources.
In recent years, biomass power generation as a renewable energy source for achieving carbon neutrality has been attracting attention. However, there are challenges such as transportation costs for waste materials used in power generation. RhinoFlux holds the technology developed by Associate Professor Ryuichi Ashida of the Graduate School of Engineering at Kyoto University, which involves the oxidation-reduction reaction of metal ion solutions from biomass resources to recover electricity and over 99.9% pure carbon dioxide without burning biomass resources. It is expected that by using container-type small-scale bioenergy-carbon capture plants that can be installed near the source of resources, the challenges of traditional biomass power generation can be addressed.
Shimadzu Corporation highly values RhinoFlux's bioenergy-carbon capture technology and management team, and has invested from Shimadzu FIF. Through this investment, the company will support their research and business development, as well as contribute to achieving carbon neutrality.
Overview of RhinoFlux Corporation
| Representative | ： | President and CEO Atsushi Mazawa |
| Umeda Twin Towers South, 1-13-1 Umeda, Kita-ku, Osaka 530-0001, Japan | ： | Room 104, International Science Innovation Building West Wing, Kyoto University, Yoshida Honmachi 36-1, Sakyo-ku, Kyoto City. |
| Institute | ： | Room 2214, Keio Venture Plaza South Building, 1-39 Goryo-ohara, Nishikyo-ku, Kyoto City. |
| Business Description | ： | Design, manufacture, sale, management, and operation of bioenergy and carbon capture equipment and related machinery. |
| Zurich, Swiss Federation | ： | April 2024. |
| URL | ： |
Overview of Shimadzu FIF
| Formal Name | ： | Shimadzu Future Innovation Investment Business Limited Liability Partnership |
| Zurich, Swiss Federation | ： | April 2023 |
| Total operating amount. | ： | JPY 5,000,000,000. |
| Operating Period | ： | For 10 years. |
| Target stage: | ： | Mainly focuses on seed and early stage, and also supports mid to later growth stages. |
| Investment areas: | ： | Health care, GX (Green Transformation), materials, industry. |
| Unlimited liability partnership member. | ： | Global Brain Corporation. |
| Limited liability partnership member. | ： | Shimadzu Corporation. |
| URL | ： |
