Acario Innovation LLC

Acario Innovation LLC, established in 2017, serves as the corporate venture capital and open innovation arm of Tokyo Gas Co., Ltd. Based in Menlo Park, California, Acario is dedicated to funding market-leading companies in the new energy economy and sustainability sectors, including mobility, energy storage, and next-generation customer and energy services. As a subsidiary of Tokyo Gas, Acario plays a key role in the company's vision to achieve net-zero CO₂ emissions by 2050 and lead the transition to a decarbonized society.

Acario's investment strategy focuses on early to growth-stage companies across various sectors, including decarbonization, hydrogen, renewables, energy services, and digital transformation of the energy industry. The firm has a global investment approach, with a geographical focus on the United States, Canada, Europe, and Australia. Acario's portfolio includes strategic investments in companies like Amperon, a provider of AI-powered energy forecasting solutions, and CorPower Ocean, a leader in wave energy technology.

Acario's team comprises professionals with expertise in energy innovation, commercialization of early-stage products, and open collaboration with startups. The firm collaborates with leading laboratories, incubators, venture funds, and corporate partners to conduct thorough analyses that support its investments. Acario's mission is to help prepare and transform Tokyo Gas for the 21st-century clean energy economy, fostering innovation and investment within startups focused on sustainable energy solutions and advanced energy technologies.