Green Carbon Inc. (CEO: Jun Okita, hereafter referred to as “Green Carbon”) is pleased to announce that it has raised funds through a third-party allocation of shares, with two new subscribers: SMBC Venture Capital Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Tomofumi Saeki), the investment branch of the SMBC Group, and Mitsubishi UFJ Capital Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Takuro Kojima), the investment branch of the Mitsubishi UFJ Group.
◆ SMBC Venture Capital Co., Ltd.
Kentaro Hirano, Venture Capitalist of Investment Sales Division IV
We are very pleased to participate in this funding round.
Green Carbon Inc. is developing nature-based carbon credit businesses across Japan, Southeast Asis, and Oceania through methodologies such as AWD and biochar.
We are greatly impressed by the profitability of their business model and by CEO Okita’s passion and drive. Achieving carbon neutrality is one of the most crucial topics of our time, and we are confident that Green Carbon, as a company contributing to this mission, will make significant strides going forward. We are committed to providing full support for their continued growth.
SMBC Venture Capital Co., Ltd.
◆ Mitsubishi UFJ Capital Co., Ltd.
Eiji Sato, General Manager of Investment Division II
We are very pleased to join as shareholders of Green Carbon and look forward to supporting their future growth. Green Carbon primarily focuses on creating carbon credits and has began expanding domestic and international business in 2024. With the anticipated growth potential of the carbon credit market, particularly overseas, we believe that Green Carbon holds promising growth prospects, which led us to make this investment. We aim to support Green Carbon’s growth further through this investment.
Mitsubishi UFJ Capital Co., Ltd.
https://www.mucap.co.jp/
◆ Green Carbon, Inc.
Jun Okita, CEO
Green Carbon has commenced domestic and international business expansion from 2024, not only establishing projects within Japan but also forming partnerships with universities, research institutions, and local businesses across Southeast Asia. This third-party allocation of shares with the two venture capital companies marks a significant step towards our future growth, and we hope you will continue to anticipate Green Carbon’s development. Guided by our vision, “ Save the earth with the power of nature,” we are committed to contributing to the planet and advancing decarbonization efforts.
*the above interviews are unofficially translated from Japanese
◆ Green Carbon, Inc.
Representative : Jun Okita, CEO
Location : Isal AKASAKA607, 5-2-33 Akasaka, Minato-ku, Tokyo
Establishment : December 2019
Business : Carbon credit creation and sales business, agriculture-related business, environment-related business, other related businesses and ESG consulting business
URL : https://green-carbon.co.jp/
◆ Introduction of Green Carbon
Green Carbon operates with the vision of “Saving the Earth with the Power of Life”, providing comprehensive support from carbon credit creation, registration, to sales. Additionally, we are involved in agriculture-related businesses, research and development, ESG consulting. Among others. Our main focus is on generation carbon credits through methane gas reduction in rice paddies, where we have obtained certification for J-Credits, the first and largest in Japan (approximately 6,220 tons), and plan to expand to around 50,000 hectares in the fiscal year 2024. We also offer a service called “Agreen” that integrates credit registration, application, and sales into one platform, simplifying procedures such as application registration and document preparation, thus reducing workload for credit creators.
◆ GREEN CARBON JAPAN VIETNAM COMPANY LIMITED
Abbreviation ：GREEN CARBON JAPAN VIETNAM CO,. LTD
Representative ：Jun Okita, CEO
Location ：10th Floor, The Nexus Building, 34-3B Ton Duc Thang, 1, Ho Chi Minh City, Vietnam
Establishment : August 24
Businesses : Carbon credit creation and sales business. agriculture-related business