Platforms Supporting Business and R&D

Mitsubishi Chemical Corporation

Open Innovation

Mitsubishi Chemical Corporation promotes open innovation by connecting its technologies and expertise with those of external parties. Our specialized teams with advanced knowledge lead collaborations with academia, industries, and start-ups, and effectively combine these partnership efforts. By incorporating a diverse array of technologies and ideas from global co-creation partners, we generate synergies between internal and external strengths to maximize value and accelerate innovation.

Activities to rapidly increase business value by developing new business models with innovative ideas and technology are a core strength of start-up firms. Collaboration and investment through corporate venture capital are key measures of open innovation.

Corporate Venture Capital

In our corporate venture capital activities, we select partner companies developing new technologies and solutions based on three evaluation criteria: alignment with our corporate vision, potential to gain a competitive advantage, and prospects for further growth. We work with these companies to complement the technological foundation we have built over the years. Through these partnerships, we aim to rapidly create value in the five business focus areas defined in KAITEKI Vision 35.

Overview of collaboration with portfolio start-ups

Start-up company Specialty and scope of collaboration
SprouTx
  • Plant-based proteins and products as a substitute for traditional food products
  • Development of alternative meat ingredients
DIGILENS
  • Holographic waveguide display technology for next-generation augmented reality (AR)/virtual reality (VR) devices
  • Development of plastic waveguides for AR/VR devices
ERIDAN
  • 5G radio frequency communication technology leveraging gallium-nitride semiconductors for energy and spectrum efficiency
  • Development of applications for gallium-nitride substrates in 5G communications networks
FluenceAnalytics
  • Continuous monitoring and optimization of industrial and laboratory systems
  • R&D efficiency and continuous process improvement (Acquired by Yokogawa Electric Corporation)
Lactips
  • Water-soluble and biodegradable bio-derived polymer raw material substitute for film and plastic applications
  • Development of green materials for customer needs
Lingrove
  • Plant-based sustainable composites and materials to replace wood in automotive and industrial applications
  • Development of bio-based composite solutions
Myoridge
  • Custom-made, serum-free cell culture media for pharmaceutical, regenerative medicine, and food applications
  • Material development for cell culture-related markets
PRIMEROOTS
  • Koji-based food products as a substitute for traditional meat products
  • Development of alternative meat ingredients and geographic expansion
BOSTONMATERIALS
  • Technology platform that utilizes vertically aligned carbon fiber composite materials
  • Joint development and commercialization of advanced thermal interface materials (TIM)
freshrtechnologies
  • Manufacturing platform combining functional food ingredients and resin films
  • Development of new food packaging solutions
Licella
  • Innovative technology that converts waste plastics and biomass into advanced biofuels and recycled materials
  • Social implementation of oil conversion technology using waste plastics and biomass as feedstock and expansion of the recycling business
NLM
  • Organic electro-optic (OEO) materials for next-generation optical communications
  • Joint development of next-generation optical modulator materials
  • Specialty
  • Scope of collaboration

Technology Platforms Supporting the Entire Technological Value Chain

Mitsubishi Chemical Corporation has consolidated its technologies into seven technology platforms to meet the diverse needs of society. Each platform is designed to advance proprietary technologies for creating new businesses and products, provide technological solutions that enable new value and capabilities, and strengthen scientific research and cultivate technological talent.

Technology Platforms Supporting the Entire Technological Value Chain

Click on the items in the diagram above for an explanation of each technology platform.

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