2026.06.17

Greenphard Energy Announces Approximately JPY 120 million(USD 0.75 million) in Funding at Second Close of Series A Second

Greenphard Energy, a startup that provides energy solutions for owners and operators of refrigeration, freezing and air-conditioning systems, built on physical AI and IoT technologies (Headquarters: Minato-ku, Tokyo; President & CEO: Takehito Nishiyama), has raised approximately JPY 120 million(USD 0.75 million ＠ 160JPY) through a third-party allotment of shares in the second close of its Series A round to Suzuyo Shoji Co., Ltd.(A group company of Suzuyo & Co,,Ltd.)and Mitsubishi UFJ Capital Co., Ltd.With this round, the company’s total funding raised to date will reach approximately JPY 510 million(USD 3.2 million)as of May 2026.Through this funding, the company will further strengthen its technology development and business development capabilities, enhance its products and service offerings, and accelerate its business expansion.

About Greenphard Energy

“Transforming Freezing, Refrigeration and Air-Conditioning Systems into Power-Generating Assets”
Greenphard Energy is transforming freezing, refrigeration, and air-conditioning systems into “power-generating assets” by combining cutting-edge physical AI and IoT technology with Virtual Power Plant (VPP) frameworks, the latest mechanisms in the electricity market.

By aggregating and controlling these systems at the community level, the company enables entire cities to function as VPPs – simultaneously contributing to a more stable power supply and the broader adoption of clean energy across local communities. At the same time, the company delivers energy savings of more than 20 percent while accelerating the digital transformation of industrial facilities.

Investor Comments

Suzuyo Shoji Co.,Ltd.

Director

Hiroki Sano

Greenphard Energy’s energy management service optimally controls electricity use by refrigeration, freezing and air-conditioning systems, enabling both energy savings and power supply-demand balancing. We believe it has the potential to reshape how energy is used across the industrial sector.
We also view as innovative the Company’s ability to turn equipment that has traditionally been treated as a cost center into a management resource that can generate revenue. Through this partnership, Suzuyo Shoji will actively contribute to reducing clients’ electricity costs and advancing de-carbonization.

Mitsubishi UFJ Capital Co., Ltd.

Investment Department No.4, Manager

Kentaro Yamamoto

Greenphard Energy’s initiative to simultaneously achieve energy savings and create power resources presents a practical solution to the social challenge of ensuring a stable supply of renewable energy, while also contributing to cost reduction and de-carbonization.
We decided to invest because the Company is enabling control of industrial refrigeration and freezing equipment, which has been considered difficult to control, and because we believe this can provide customers with new economic value. We look forward to seeing Greenphard Energy strengthen its business foundation and accelerate market expansion. Leveraging the MUFG Group’s network and expertise, we will support the Company’s sustainable growth.

Message from CEO of Greenphard Energy

We would like to express our sincere appreciation to the investors who have placed their trust in us and support our business and vision.
As the effects of climate change become increasingly evident in our daily lives, leveraging refrigeration, freezing, and air-conditioning systems to help stabilize the power grid represents a highly promising opportunity with significant potential to address today’s energy challenges.
By addressing this challenge ahead of the rest of the world, we aim to contribute meaningfully to solving global energy issues and advancing efforts to mitigate climate change.

About Business and Service Overview