JERA Ventures joins Plug and Play innovation platform to accelerate corporate venture capital activity

Plug and Play, the global innovation platform, has announced a new partnership with JERA Ventures, a corporate venturing arm of JERA, the largest power generation company in Japan. By joining Plug and Play Energy, JERA Ventures aims to leverage emerging technologies and business models in Silicon Valley and beyond.

This collaboration enables JERA Ventures to partner with leading technology startups to develop solutions that ensure universal access to clean energy, eliminating barriers related to price, location, and availability.

Isao Okubo, Senior Partner, JERA Ventures: "At JERA Ventures, we envision a world where clean energy is a given, allowing people to channel their energy into what truly excites them. By leveraging Plug and Play's extensive startup network and JERA's expansive value chain, we aim to bring unprecedented innovation to the energy sector." "We strive to create energy that enables society to grow freely and sustainably, empowering individuals to pursue their dreams with sustainable, affordable, and stable energy."

Plug and Play specializes in driving innovation across over 20 industries, including energy. The program encompasses a wide range of technologies representing almost every function within the energy value chain. The partnership with JERA Ventures will accelerate the development of technology solutions across various focus areas, including the hydrogen/ammonia supply chain, new-generation green power, and green transformation services.

Reza Khaj, Director of Energy, Plug and Play: "Our partnership with JERA Ventures represents a significant step toward driving impactful innovation in the energy sector. By leveraging our global network of startups and JERA's expertise, we aim to accelerate the development of solutions that will transform the energy landscape toward a more sustainable and equitable future."

www.jera.co.jp
www.plugandplaytechcenter.com

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