trending Market Intelligence /marketintelligence/en/news-insights/trending/byyhgkvn8cqquui4alz6wq2 content esgSubNav
In This List

Mitsubishi Chemical to form US-based subsidiary

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


Mitsubishi Chemical to form US-based subsidiary

Mitsubishi Chemical Holdings Corp. will form a U.S. subsidiary to partner with and invest in startup companies.

The subsidiary, Diamond Edge Ventures Inc., will be based in Silicon Valley and work closely with the parent company's Tokyo-based Venture Group. Silicon Valley veteran Patrick Suel was appointed as president.

Diamond Edge will target startups whose technologies or business models offer new growth opportunities, the company said. Initial areas under consideration include robotics, AI, and virtual and augmented reality.