In 2022, Kanematsu invested in CARBON FLY, Inc., an emerging manufacturer of carbon nanotubes (CNT), and launched efforts aimed at the practical application of CNT.
CARBON FLY boasts proprietary CNT manufacturing technology and has successfully manufactured advanced CNT. The use of CNT as a conductive additive in lithium ion batteries is rapidly expanding, and, in this and other areas, we are expanding development focused mainly on functional and structural materials that leverage the mechanical and chemical properties of CNT. By doing so, we will help realize higher-performance batteries and innovative new products.
Kanematsu’s investment in CARBON FLY was made using the innovation investment system, because practical applications of CNT are still being developed worldwide and CARBON FLY was in its seed round of fundraising.
In addition, through its alliance with CARBON FLY, Kanematsu will advance initiatives aimed at carbon neutrality using CNT. We have begun studying the possibilities of developing technologies to generate CNT from the CO2 emitted by chemical factories as well as of establishing an open carbon recycling framework with Kanematsu as the hub. Through such efforts, we are focusing efforts on environmentally friendly activities with the aim of realizing a sustainable world.
With this investment, we aim to achieve results in terms of both innovative technologies and sustainability and thereby help create social value. We will continue proactive efforts in this area, working to create new business opportunities and build a sustainable world.