Zeon Corporation (Zeon; head office: Chiyoda-ku, Tokyo; President and CEO: Kimiaki Tanaka), through its Corporate Venturing subsidiary Zeon Ventures Inc. (California, U.S.A.; representative: Yoshihiro Kagawa), has invested in Visolis, Inc. (Visolis ; California, U.S.A.; representative: Deepak Dugar), a U.S. startup, developing an innovative biomanufacturing platform. Zeon will partner closely with Visolis to help accelerate development of the company’s sustainable biomanufacturing processes.

Visolis is developing a biomanufacturing platform combining artificial intelligence, synthetic biology and traditional chemical catalysis to efficiently produce a portfolio of carbon negative chemicals. Visolis’s proprietary process transforms sustainable raw materials, including waste biomass, into bio-based chemicals with diverse applications ranging from active ingredients for personal care to drop-in replacements for commodity petrochemicals.

To accelerate the transition to a sustainable society, Zeon will work together with Visolis in enabling cost-competitive, bio-based chemicals for a range of applications from cosmetics to cars.

In order to contribute to a sustainable society and provide products and services that are indispensable to society, Zeon will continue to invest in and nurture startups in four key areas (healthcare and life sciences, CASE and MaaS, telecommunications (5G/6G), and energy conservation) to realize a sustainable earth and safe and comfortable life for people.

Outline of Visolis

Company Name: Visolis, Inc.
Business: Biomanufacturing
Representative: Deepak Dugar (CEO)
Address: 1488 Zephyr Ave, Hayward, California 94544
URL: https://www.visolisbio.com/

Outline of Zeon Ventures Company

Name: Zeon Ventures Inc.
Business: Investment in startup companies and other activities
Representative: Yoshihiro Kagawa
Address: 25 Metro Drive, Suite 238, San Jose, California 95110
Investment Scale: US$ 50 million
URL: https://www.zeon.ventures/
Reference: Press release (in Japanese): https://www.zeon.co.jp/news/assets/pdf/220207.pdf

For more information, contact:
Department of Corporate Communication, Corporate Sustainability Division, Zeon Corporation
Phone: +81-3-3216-2747