TEPCO Group TEPCO Ventures, Inc.

NEWS

TEPCO Ventures joined Module 2 of Free Electrons, the first global energy accelerator program, held in San Francisco

Aug 29,2018

The Venture investment team from TEPCO Ventures participated in Free Electron’s Module 2. Free Electrons is the first global energy accelerator, and this year’s cohort is the top 15 startups as selected by the 10 global electric utility partners.

Please find out the press release on the following link and a video on the bottom of this page.

https://www7.tepco.co.jp/newsroom/announcements/archives/2018/free-electrons-28-pilots-already-launched-between-startups-and-utilities-module-2-was-hosted-in-san-francisco-with-top-15-startups.html

About Free Electrons

The Free Electrons Program is the best opportunity for startups in the energy space to grow and develop their businesses.The energy market has seen rapid changes in recent years with the rise of renewables, decentralization of the energy system,regulatory uncertainties and disruptive new technologies.To stay ahead, there is a strong need for utilities to source more innovation externally and consider the ‘beyond utilities’ business models.

About TEPCO Ventures

TEPCO Ventures is a Tokyo-based wholly owned subsidiary of Tokyo Electric Power Company Holdings, Inc., Japan’s largest electrical utility. TEPCO Ventures develops both wholly owned subsidiaries within the TEPCO Group and joint-venture companies with partners in various industries either in Japan or overseas. The company is exploring various fields for next-generation business by fusing platforms for energy and other industries.