Acario Innovation
Corporate VCSan Mateo · Pre-Seed–Growth · 6 people tracked
Investment thesis
Acario focuses on the intersection of energy innovation and the commercialization of early-stage products. Backed by Tokyo Gas, it invests in and partners with startups working in the new energy economy and sustainability, dedicating both capital and hands-on time to help these companies bring differentiated products to market and drive the transition toward the future of energy.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from the firm's website & public directories
What they invest in
from 15 of 26 portfolio companiesEnergy ×12Cleantech ×9AI & Machine Learning ×5Deep Tech ×5Climate Tech ×4Hardware ×3Advanced Manufacturing ×2Data & Infrastructure ×2
HQs:United States×9Japan×4Canada×1Portugal×1
Who they back
founder profiles across 9 portfolio companiesFounding team size:solo founder×62 founders×24+ founders×1
Investments · 26 tracked
founders shown can be your intro pathBy year:2026 · 12024 · 12020 · 12019 · 14 dated
Amperon provides AI-driven energy forecasting and real-time grid analytics to utilities, renewable generators, and energy market participants across North America, Europe, and Australia.
AI & Machine LearningEnergySaaSHouston, US
Sean Kelly(Founder & CEO)inAbe Stanway(Founder)
BoardTyler Lancaster(Director)inTimothy Healy(Director)Catherine Flax(Director)Michael D'Aurizio(Director)
Co-investorsAmbush CapitalBlackhorn VenturesEnergize CapitalGaruda VenturesIntelis CapitalLorimer Ventures+6 more
California Catalysts develops advanced materials and catalysts for hydrogen electrolysis using AI-driven discovery methods.
AI & Machine LearningCleantechEnergyNew MaterialsLos Angeles, US
Jim DiSanto(Co-founder, Board Director, Executive Consultant)
BoardNathan Lewis(Chief Scientific Advisor)
Co-investorsMOL SwitchTSVCVoLo Earth VenturesDolby Family VenturesMotus Ventures, Llc
CorPower Ocean develops wave energy converters that transform ocean waves into electricity through biologically-inspired technology.
CleantechClimate TechDeep TechEnergyHardwareLisbon, PT
Co-investorsCisco InvestmentsEIT InnoEnergy
Science-backed carbon removal portfolios helping businesses reach net-zero goals.
Digital Grid operates Japan's first private electricity trading platform, enabling renewable energy procurement, environmental value trading, and aggregation services through digital market mechanisms for energy distribution.
B2B MarketplacesCleantechCloud ComputingData & InfrastructureEnergyTokyo, JP
Yusuke Toyota(Representative Director & CEO)
San Francisco, US
Muffadal Ghadiali(Executive Officer, Director, Promoter)Naeem Zafar(Director)
BoardPaul Straub(Director)inJulie Lein(Director)in
Co-investorsBlackhorn VenturesUrban InnovationWireframe VenturesLemnos VC
ENECHANGE is an energy-tech company focused on the "energy information revolution" through the use of energy data, with roots in Cambridge, UK.
CleantechData & InfrastructureEnergy
Co-investorsJIC Venture Growth Investments
End-to-end software platform for energy storage development (Acquired).
Geli Energy Software develops design, automation, and management software for energy storage systems serving project developers, OEMs, financiers, and operators across residential, commercial, industrial, and utility-scale markets.
AI & Machine LearningEnergySaaSSilicon Valley, US
Zero Carbon System develops direct air capture technology that removes carbon dioxide from the atmosphere to address climate change.
CleantechClimate Tech
Dr. Graciela Chichilnisky(Founder)in菊池 英俊in
Co-investorsPresidio Ventures
Greentown Labs is a climatetech startup incubator that supports and houses early-stage entrepreneurs, connecting them with corporate partners, investors, and community resources to develop and commercialize energy and climate technologies.
CleantechClimate TechEnergyBoston, US
Georgina Campbell Flatter(Chief Executive Officer)Aisling Carlson(Chief Growth Officer)Lawson Gow(Chief Operating Officer)inRyan Davidson(Chief of Staff)
Co-investorsAera VC
Heila EDGE modular energy platform connecting and optimizing distributed energy resources (Acquired).
EnergySomerville, US
Francisco Andres Morocz Bazzani(Executive Officer, Director)Peter Luchetti(Director)Jose Jamil Dunia Dahdah(Director)
Moment Energy repurposes retired electric-vehicle batteries into second-life energy storage systems, sourcing used batteries from automakers like Nissan and Mercedes-Benz for off-grid and grid energy applications.
Circular EconomyCleantechEnergyHardwareSurrey, CA
Edward Chiang(Cofounder)inSumreen Rattan(Cofounder)Gurmesh Sidhu(Cofounder)Gabriel Soares(Cofounder)
Co-investorsVersion One VenturesExpansion Venture CapitalFikaGarage CapitalWIND VenturesEvok Innovations+1 more
Novity provides predictive maintenance AI technology for industrial manufacturers to prevent unplanned downtime and improve production reliability.
Advanced ManufacturingAI & Machine LearningDeep TechEnterprise SoftwareSan Carlos, US
Markus Larsson(Founder)
Co-investorsMyriad Venture PartnersMyriad VenturesWERU Investment Co. Ltd.
Co-investorsEvergy Ventures
Pacific Fusion is developing a high-gain pulsed magnetic inertial fusion system designed to achieve net facility gain, using a modular fast electric pulser, a meter-scale fusion chamber, and small fuel containers.
Climate TechDeep TechEnergyFremont, US
Keith LeChien(Founder)inWill Regan(Founder)in
Co-investorsAlumni VenturesBasecamp FundBerkeley FrontierDCVC (Data Collective)LeitmotifLightspeed Venture Partners+5 more
Co-investorsClean Energy VenturesGENIUS Venture CapitalKintetsu Venture PartnersVolvo Group Venture Capital AB
Principle Power provides technology and engineering services for floating offshore wind turbines, enabling wind farms to be deployed in deep water and challenging seabed conditions worldwide.
CleantechDeep TechEnergyHardware
Alexia AubaultAaron Smith
SIRC develops IoT sensor devices and cloud platform solutions for energy monitoring and digital transformation.
Advanced ManufacturingCleantechEnergyIoTOsaka, JP
Co-investorsDAIKIN INDUSTRIESJR East Start UPTechstars
Co-investorsEvergy VenturesFuture Energy Ventures
Portfolio news
latest coverage across their companiesPacific Fusion · nature.com · Aug 24, 2026
Novity · trysignalbase.com · May 26, 2026
Moment Energy · mercomcapital.com · May 6, 2026
SIRC · reason.org · Mar 3, 2026
Amperon · prnewswire.com · Jan 14, 2026
Frequently asked questions
- How many investments has Acario Innovation made?
- Acario Innovation has 27 tracked investments, including 2 dated in the last 24 months.
- What stage does Acario Innovation invest at?
- Acario Innovation invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
- What sectors does Acario Innovation focus on?
- Acario Innovation focuses on Cleantech, Climate Tech, Energy, Impact & Social Good, Mobility & Transportation.
- Where is Acario Innovation located?
- Acario Innovation is headquartered in San Mateo, US.
- Who does Acario Innovation co-invest with?
- Acario Innovation most often shares deals with Blackhorn Ventures, Evergy Ventures, DCVC (Data Collective), among 56 tracked co-investors.
Similar investors
Giant Ventures is a venture capital firm investing in technology that transforms civilization's foundational systems across sectors including AI, energy, materials, industry, work, finance, biology and healthcare.
Obvious is a venture capital firm focused on supporting founders building solutions to humanity's largest challenges across planetary health, human health, and economic health.
Foresight is Canada's largest cleantech innovation and adoption accelerator, connecting public- and private-sector leaders with vetted clean technologies while supporting cleantech companies with coaching, connections, and access to capital.
MaRS is a Toronto-based innovation hub and accelerator that supports Canadian startups from pre-seed funding through international expansion, offering workspace, mentorship, investor and customer connections, and sector-focused programming.
Africa Climate Ventures (ACV) is a venture builder and investor focused on developing and scaling climate-focused businesses across Africa.