UMI enters into business alliance with Indian venture capital firm 3one4 Capital, aiming to build an integrated supply chain driven by innovation

Universal Materials Incubator Co., Ltd. (Representative Director: Shosuke Kiba, hereinafter “UMI”), a venture capital firm specializing in the materials and chemical industries, has entered into a business alliance agreement with the Indian venture capital firm 3one4 Capital, aiming to build an integrated supply chain driven by innovation.

In India’s rapidly growing market, both firms will engage in discovery, evaluation, and investment in promising startups and technologies in the fields of climate tech, cutting-edge technology, semiconductors, next-generation manufacturing, and digital transformation (DX). This alliance will promote the fusion of Japanese materials and manufacturing technologies with Indian IT capabilities and data utilization. The two firms will mutually support the market entry and expansion of Japanese companies in India, as well as Indian companies in Japan. Both parties will host bidirectional innovation programs and workshops to promote collaboration among startups, companies, and research institutes in both countries. The firms will share knowledge in fields such as carbon management, semiconductors, green chemistry, and the use of digital twin technologies for the research and development of sustainable materials, and are also considering the future establishment of a fund aimed at addressing social challenges in India.

3one4 Capital and UMI will collaborate through technologies and industries in which their respective countries excel, and will contribute to the development of both Japan and India going forward.

3one4 Capital
3one4 Capital is a venture capital firm based in Bangalore, India, investing in startups that promote innovation and sustainable development in India.
https://www.3one4capital.com/

Universal Materials Incubator Co., Ltd. (UMI)
UMI invests in outstanding new technologies and businesses in the fields of materials and chemicals that form the foundations for future industry, originating from both Japanese companies and academia, based on the vision of “Strengthening Japan’s engineering capabilities and cultivating an industry structure that can compete globally, by fostering outstanding material/chemical companies.”
Representative Director: Shosuke Kiba
Location：1-12-22 Tsukiji, Chuo-ku, Tokyo 104-0045, Japan
Establish：Oct 6, 2015
https://www.umi.co.jp/en/