# Emulsion Flow Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/emulsion-flow-technologies-co

- Industry: Environmental Services
- Headquarters: Japan
- Website: www.emulsion-flow.tech/
- Total disclosed funding: $11M
- Latest round: Series B (Mar 8, 2024)
- Investors on record: 13

## About

Founded in 2021 and based in Naka, Japan, Emulsion Flow Technologies Co., Ltd. operates as a provider of rare metal recycling technology that uses the solvent extraction process. In March 2024, Emulsion Flow Technologies Co., Ltd. raised JPY 1.35 million in series B funding from Spiral Capital, Nissay Capital, MOL PLUS, Shizuoka Capital, Mizuho Capital, Mirai Creation Capital, NCB Venture Capital, Honda Motor, Real Tech Japan, SMBC Venture Capital, Mitsubishi UFJ Capital, Okasan Capital Partners, and SBI Investment. As of 2024, the company is led by its CEO, Yuji Suzuki.

The company specializes in advanced solvent extraction technology for rare metal recycling. The firm’s proprietary Emulsion Flow method separates and purifies rare metals. Emulsion’s technology addresses the instability in rare metal supply by providing innovative solutions for recycling essential components like cobalt, nickel, and lithium from lithium-ion batteries. The company also offers support for various processes, including separation, refinement, and organic synthesis, and provides design, manufacturing, and operational services for related equipment and plants.

The organization plans to use the March 2024 funding to accelerate the development of a commercial plant for rare metal recycling of lithium-ion batteries and strengthen the total support business and global expansion.

## Funding rounds

- Series B, Mar 8, 2024, $7.1M — Mitsubishi UFJ Capital, SMBC Venture Capital, Mizuho Capital, Shizuoka Capital, SBI Investment, Nissay Capital, UntroD Capital, Spiral Capital, Honda Motor, SBI Okasan Alternative Investment, NCB Venture Capital, MOL PLUS, Future Creation Capital
- Series A, Sep 13, 2022, $3.2M — Mitsubishi UFJ Capital, SMBC Venture Capital, SBI Investment, UntroD Capital, Honda Motor, SBI Okasan Alternative Investment
- Seed, Jul 14, 2021, $0.7M — UntroD Capital

## Investors

- UntroD Capital — Seed, Series A, Series B
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A, Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series A, Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series A, Series B
- Honda Motor — Series A, Series B
- SBI Okasan Alternative Investment (https://capitalatlas.ai/funds/sbi-okasan-alternative-investment) — Series A, Series B
- Mizuho Capital (https://capitalatlas.ai/funds/mizuho-capital) — Series B
- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series B
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- NCB Venture Capital (https://capitalatlas.ai/funds/ncb-venture-capital) — Series B
- MOL PLUS — Series B
- Future Creation Capital (https://capitalatlas.ai/funds/future-creation-capital) — Series B