Azul Energy Raises $3.2 Million Series A Funding

The funding will help in the mass production of their proprietary catalyst

February 6, 2024

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AZUL Energy, a developer of catalytic electrodes for fuel cells and metal-air batteries, raised ¥475 Million ($3.2 Million) in Series A Funding led by Spiral Capital, with participation from TOHOKU University Venture Partners, JMTC Capital, Mitsubishi UFJ Capital, Governance Partners, and existing investor Spurcle, totaling six companies in a third-party allotment of new shares.

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