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Hulic Startup makes follow-on investment in elleThermo via Fund II

PUBT·08/26/2026 11:10:50
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Hulic Startup makes follow-on investment in elleThermo via Fund II
  • Hulic Startup executed a follow-on investment in elleThermo via its Hulic Startup No. 2 Investment Limited Partnership.
  • The firm previously invested in elleThermo in August 2024 through the Hulic Startup No. 1 Investment Limited Partnership.
  • elleThermo is a Tokyo University of Science spinout developing Semiconductor-Sensitized Thermal Cell technology to convert low-grade waste heat into electricity.
  • The company targets commercialization of waste-heat power generation as a new renewable energy source in Japan.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hulic Startup Co. Ltd. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.