PRESS RELEASE2024.6.18

18 June 2024.　CARBON FLY, Inc

 

CARBON FLY, Inc, a material venture that studies, develops, manufactures and sells next-generation carbon nanotubes, has received funding from Denka Company Limited through a CVC fund managed jointly with Pegasus Tech Ventures of the USA.

 

Objective.

The Company will collaborate in joint development to improve the performance of lithium-ion battery applications using the Company’s carbon nanotubes (‘CNTs’) in combination with Denka black, and in the future will support the development of technology to produce carbon nanotubes from carbon dioxide, which is the raw material for the Company’s research. In the future, we will cooperate with Denka in building a sustainable supply chain for Denka’s lithium-ion batteries.

About Denka Company Limited

Head office: Chuo-ku, Tokyo; President: Toshio Imai

Under the Mission 2030 management plan, Denka established a CVC fund in January last year to promote the creation of new businesses by investing in and forming alliances with start-ups with cutting-edge technologies from around the world. The CVC Fund was established in January 2011 to promote the creation of new business alliances. Under the par-pass of ‘Become a specialist in making the world a better place through the power of chemistry’, the company aims to continue contributing to people’s lives and society through world-class chemistry.

https://www.denka.co.jp/