JERA Ventures Partners With Plug And Play For Accelerating Corporate VC Activity

By Amit Chowdhry • Nov 11, 2024

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

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

Plug and Play specializes in driving innovation across 20 industries, including energy. The program encompasses a wide range of technologies representing almost every function within the energy value chain. This 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.

KEY QUOTES:

“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.”

– Isao Okubo, Senior Partner of JERA Ventures

“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.”

– Reza Khaj, Director of Energy at Plug and Play