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Daikin pledges $100m for startup investments

JAPAN: Air conditioning manufacturer Daikin has set aside US$100m for investments in startup companies worldwide over the next five years. 

In addition, Daikin says it will establish a Technology and Innovation Centre corporate venture capital (CVC) office to promote collaboration with startup companies.

Daikin is already working in collaboration with local startup companies worldwide, including Silicon Valley in the United States and Shenzhen in China. In Japan, the company’s activities include an industry-academia co-creation agreement concluded with the University of Tokyo.

Latest News

22nd June 2025

Samsung confirms APP as heat pump distributor

UK: Samsung has announced that APP Plumbing and Heating has now been confirmed as an official distributor of its EHS range of monobloc heat pumps and hot water tanks.
22nd June 2025

Nicholls steps up at BESA

UK: The Building Engineering Services Association (BESA) has appointed Jill Nicholls as director of competence and compliance. She replaces Helen Yeulet who moves to a new position as strategic consultant.
22nd June 2025

Empower implores customers to limit AC to 24ºC

UAE: Dubai-based district cooling service provider Empower has launched its annual summer campaign to limit air conditioning in the region to 24ºC.
22nd June 2025

UNEP support for governments’ NDCs

KENYA: The United Nations Environment Programme (UNEP) has produced a guide to support governments in the integration of sustainable cooling into their Nationally Determined Contributions (NDCs).
21st June 2025

HPA celebrates 20 years with first conference

UK: The Heat Pump Association (HPA) is set to celebrate its 20th anniversary at its first annual conference in London in November.
21st June 2025

Cooling upgrade at remote Jersey data centre

UK: A logistically complex project involving the replacement of cooling units at a data centre in the Channel Islands has been successfully completed by Biggleswade-based Secure IT Environments (SITE).