Mitsubishi Heavy Industries
Tamachi Tower, 33-11, Shiba 5-chome, Minato-ku, Tokyo, 108-8015, Japan
Overview
Manufactures equipment for energy, aviation, transportation, and more.
Founded
1884
Deals · 12mo
1
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
Fervo Energy | Dec 2025Participated | $462 MSeries E | |
Sapphire Technologies | Sep 2025Participated | $18 MSeries C | |
Spiritus | Mar 2025Participated | $30 MSeries A | |
EcoPals GmbH | Aug 2024Participated | $4 MOther Equity | |
e-Zinc | Jun 2024Participated | $31 MSeries A | |
Fervo Energy | Feb 2024Participated | $244 MOther Equity | |
Element Energy | Nov 2023Participated | $111 MSeries B | |
Advanced Ionics | Aug 2023Participated | $13 MSeries A | |
Amogy | Jun 2023Participated | $11 MSeries B | |
Starfire Energy | Nov 2022Participated | $24 MSeries B | |
Monolith | Jul 2022Participated | $300 MOther Equity | |
Electric Hydrogen | Jun 2022Participated | $198 MSeries B | |
Fervo Energy | Dec 2025Participated | $462 MSeries E | |
Sapphire Technologies | Sep 2025Participated | $18 MSeries C | |
Spiritus | Mar 2025Participated | $30 MSeries A | |
EcoPals GmbH | Aug 2024Participated | $4 MOther Equity | |
e-Zinc | Jun 2024Participated | $31 MSeries A | |
Fervo Energy | Feb 2024Participated | $244 MOther Equity | |
Element Energy | Nov 2023Participated | $111 MSeries B | |
Advanced Ionics | Aug 2023Participated | $13 MSeries A | |
Amogy | Jun 2023Participated | $11 MSeries B | |
Starfire Energy | Nov 2022Participated | $24 MSeries B | |
Monolith | Jul 2022Participated | $300 MOther Equity | |
Electric Hydrogen | Jun 2022Participated | $198 MSeries B |
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Series A | 0 | 4 |
| Series B | 0 | 4 |
| Series C+ | 0 | 2 |
| Other Equity | 0 | 5 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Feb '21 | 1 |
| Mar '21 | 0 |
| Apr '21 | 0 |
| May '21 | 0 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 1 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 2 |
| Jul '22 | 1 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 1 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 1 |
| Jul '23 | 0 |
| Aug '23 | 1 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 1 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 1 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 1 |
| Jul '24 | 0 |
| Aug '24 | 1 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 1 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 1 |
| Oct '25 | 0 |
| Nov '25 | 0 |
| Dec '25 | 1 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Clean Energy & Sustainability | 14 |
| Manufacturing | 7 |
| Space & Frontier Tech | 4 |
| Networks, Cloud & Communication | 1 |
| Hardware & Robotics | 1 |
| Real Estate & Construction | 1 |
| Transportation & Logistics | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 1 |
| $5M-$10M | 0 |
| $10M-$25M | 5 |
| $25M-$50M | 3 |
| $50M-$100M | 1 |
| $100M-$250M | 3 |
| $250M-$500M | 2 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 13 |
| Canada | 1 |
| Europe | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| AP Ventures | 4 |
| Breakthrough Energy Ventures | 4 |
| Eni Next | 3 |
| Marunouchi Innovation Partners | 3 |
| Amazon | 2 |
| Capricorn Investment Group | 2 |
| Congruent Ventures | 2 |
| Data Collective | 2 |
| Devon Energy | 2 |
| Equinor Ventures | 2 |
| Impact Science Ventures | 2 |
| Liberty Mutual Investments | 2 |
| Mercuria | 2 |
| NextEra Energy Resources | 2 |
| Pavilion Capital | 2 |
| Prelude Ventures | 2 |
| 8090 Partners | 1 |
| AFW Partners | 1 |
| AllianceBernstein | 1 |
| Anzu Partners | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 0 | 0% |
| Participating | 15 | 100% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 0 | 0% |
| Co-led | 0 | 0% |
Lead dynamics requires at least one led deal in this range
Team
Chairman of the Board
Vice President and General Manager, Business Development Department
General Manager