Wataru Mizutani spent seven years consulting on climate-change adaptation for government agencies before moving into venture investing, and he still describes his focus specifically as climate change adaptation rather than broader sustainability or climate investing. At Universal Materials Incubator he stays closely involved with the companies he backs, sitting on the board of EF Polymer—which works on water-retention materials for agriculture—while also having experience across venture debt at SMBC and venture capital tied to the National Institute for Materials Science.
About their Fund
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Materials, Biotech, Climate, Food & Ag, Deeptech / Hardware
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UMI is a venture fund focused specifically on materials and chemistry, run by industry professionals rather than generalist investors, and built to help small materials startups move from R&D through scale-up by connecting them with large corporations rather than pushing them toward fast IPOs. Originally launched under Japan's state-backed INCJ to strengthen the country's materials and chemicals technology, UMI has since grown into a private, industry-backed platform—supported by 14 listed materials and chemical companies and led by people from firms like Toyota Tsusho, JSR, and Nippon Steel—while also partnering with the Indian Institute of Science ecosystem to connect Japanese industry with Indian materials and energy technology.
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Deeptech / Hardware
Robotics
Biotech
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12
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Pre-Seed - Seed
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$400K - $2M
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7
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2
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Climate
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2
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