#Japan #Tokyo #NetZero Tech #NGLI Holdings #Venture Creation

Introduction

In a groundbreaking move to tackle pressing global energy challenges, NetZero Tech Ventures and NGLI Holdings Ltd. have launched a new cooperative framework designed to foster innovation between Japan and Israel, especially in the realms of energy and climate technology. This initiative is set to merge Japan's profound industry knowledge with Israel's leading-edge academic innovations to generate unprecedented value in these critical areas.

Objectives of the Strategic Collaboration

The strategic partnership aims to address the escalating global energy issues by leveraging both countries' strengths. Israel's deep tech expertise, backed by scientific evidence, will harmonize with Japan's precision-driven industrial foundation. This synergy is expected to catalyze collaborative breakthroughs, enhancing both nations' responses to energy demands.

Core Mechanism: Venture Creation

At the heart of this collaboration is the concept of "Venture Creation," where the unique capabilities of both countries are synthesized. Utilizing Israel's ambitious research output and Japan's deep industry insights, combined with the rapid and practical incubation skills that Israel excels at, this partnership is set to foster remarkable innovations. Involving Japanese industries as design partners from the beginning will ensure that technologies emerging from academia are closely aligned with market needs, thereby enhancing mutual understanding and trust.

Focus Areas

Initially, the cooperative efforts will concentrate on climate and energy technologies, encompassing:

• - Generation and storage of energy
• - Alternative fuels, including hydrogen
• - Advanced materials that could contribute to future industrial advancements

Statements from the Leadership

Shmuel Kadmi, CEO of NetZero Ventures: "We are honored to facilitate the process of translating scientific research into practical applications. Through close collaboration with industry partners, we aim to promote technology developments that address real-world needs."

Jacob Azran, CEO of NGLI Holdings Ltd.: "This partnership represents a vital step towards elevating Japan-Israel innovation collaboration to new heights. By fostering early-stage cooperation, we aim to establish a foundation for mutual growth."

Company Profiles

NetZero Tech Ventures

Founded in 2021, NetZero Tech Ventures is an Israeli early-stage investment fund focused on climate and energy. It includes major global energy firms such as TotalEnergies and Delek US among its investors. The management team includes CEO Shmuel Kadmi, CTO Gideon Friedman (former Chief Scientist of Israel's Energy Ministry), and VP of Business Development Yael Weiss-Zibelman. Through collaborations with the Israeli Innovation Authority, the company promotes the responsible deployment of emerging technologies in global markets.

NGLI Holdings Ltd.

Specializing in open innovation and technological collaborations between Japan and Israel, NGLI Holdings serves as a bridge connecting a robust ecosystem of Israeli startups and academic institutions with major Japanese enterprises. The company rigorously supports all phases from proof of concept (PoC) to commercial partnership. With a senior partner, Yoko Yamaguchi, who possesses deep expertise and understanding of both countries' businesses, NGLI strives to break down barriers to cross-border innovation while maintaining agility and prioritizing benefits for Japanese enterprises.

Contact Information

For more information about the collaboration, reach out to NGLI Holdings Ltd. at NGLI's Website.
Contact: Yoko Yamaguchi, Senior Partner, Strategic Alliance, Email: [email protected]