Emission Visualization Cloud Startup e-dash Secures 3.3 Billion Yen from Mitsui & Co. and Four Other Investors
Overview of Funding
e-dash Inc. has raised a total of 3.342 billion yen through a third-party allotment of shares, with Mitsui & Co., Ltd., JA Mitsui Strategic Partners Co., Ltd., West Holdings Corporation, Shinkin Capital Co., Ltd., and Chudenko Environmental Technos Co., Ltd. acting as the underwriters.
Core Business of e-dash
e-dash Inc. develops and operates "e-dash," a cloud-based service for visualizing Scope 1, 2, and 3 greenhouse gas emissions. In addition, the company provides a comprehensive decarbonization support platform, which includes "e-dash CFP" for calculating product-level carbon footprints and "e-dash Survey" for collecting ESG data across supply chains.
Purpose of Funding and Future Outlook
The newly raised funds will be used to further strengthen technology-driven efficiency and a hands-on support system led by industry professionals. Furthermore, e-dash plans to deepen "co-creation" initiatives with the five investing partners. This includes collaborating on supply chain-wide emission reduction solutions and building ecosystems in partnership with regional financial institutions and local governments. The company aims to realize a society where all enterprises can seamlessly integrate sustainability into the core of their management strategies.
List of Underwriters (Investors)
- Mitsui & Co., Ltd.
- JA Mitsui Strategic Partners Co., Ltd.
- West Holdings Corporation
- Shinkin Capital Co., Ltd.
- Chudenko Environmental Technos Co., Ltd.