Ac-Planta Inc. announced that it expects to receive funding from Global Brain Co., Ltd., KH Neochem Co., Ltd., SMBC Venture Capital Co., Ltd.
April 19, 2022
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Ac-Planta Inc. announced that it will receive a round of funding on April 20, 2022. The company will receive funds through third party allotment of capital.
On the same day, the company has received ¥150 million in its first tranche closing from Norinchukin Innovation Fund L.P., a fund managed by Global Brain Co., Ltd., KH Neochem Co., Ltd., SMBC Venture Capital Fund No. 6, a fund managed by SMBC Venture Capital Co., Ltd.
KH Neochem Co Ltd is a Japan-based company engaged in the manufacture and sale of petrochemicals. The Company's business is divided into three business units. The basic chemical businessâs main products include butyl alcohols, octyl alcohols and butyl acetates. The business is involved in the provision for the manufacture of paints, inks, commodity resins, plasticizers, detergents and others. The performance material businessâs main products include isononanoic acids and octylic acids, among others. The business is involved in the provision of raw materials for surfactants, water-based paints, cosmetics, pesticides, as well as pharmaceutical products. The electronic material businessâs main products include propylene glycol methyl ether-pure (PM-P) and propylene glycol methyl ether acetate-pure (PMA-P). The business is involved in the provision for semiconductors, display materials and optical materials, among others.
KH NEOCHEM CO., LTD. 
