Asuene Inc. is pleased to announce a strategic capital and business alliance with Daikin Industries, Ltd., the world’s leading HVAC company. This partnership was formalized through a third-party allocation of new shares as part of Asuene’s Series C2 round second close, bringing the company’s total funding to US $73.7 million.

Through this alliance, the two companies will offer integrated decarbonization services by combining Asuene’s carbon accounting platform “ASUENE” and consultation with Daikin’s energy-saving solutions in HVAC and building management. The partnership will primarily target the North American and Japanese markets, where both companies will jointly accelerate initiatives to support corporate climate action with greater precision and scale.

Background: Addressing Global Needs for Decarbonization and Energy Optimization

As the global push toward decarbonization intensifies, CO2 emissions from buildings account for about 20 to 30 percent of the total worldwide. Optimizing energy use—particularly in air conditioning and lighting—has become a key priority. In Japan, the introduction of GX-ETS (Green Transformation Emissions Trading Scheme) and expanded disclosure requirements under the new SSBJ (Sustainability Standards Board of Japan) are driving companies to act swiftly.

Meanwhile, in the US, states, municipalities, and private companies are advancing climate initiatives from planning to execution. With growing demand for measurable, actionable solutions, there is a particular emphasis on improving energy efficiency in buildings and facilities.

“ASUENE”, carbon accounting platform, is the No.1* market share service in Asia. We had also established its US subsidiary, ASUENE USA, to deliver localized solutions and support companies in meeting regional compliance and ESG goals.

Daikin operates in over 170 countries and is the global leader in HVAC. In the US alone, its HVAC business exceeds US $10 billion in annual revenue and continues to see rapid growth.

*Based on a July 2024 study by Tokyo Shoko Research

Details of the Strategic Partnership: Building Seamless Decarbonization Solutions in Japan and North America

Asuene and Daikin share a common vision: to become globally leading decarbonization solution providers originating from Japan. This capital and business alliance, formalized through Asuene’s Series C2 funding, marks a major step toward that goal.

By integrating Asuene’s platform with Daikin’s HVAC equipment and building management systems, the partnership will provide companies with a seamless, one-stop solution to measure, reduce, and report emissions. This end-to-end approach—from carbon accounting to practical implementation—will help companies reduce energy costs and accelerate their sustainability efforts.

Together, Asuene and Daikin will strengthen their competitiveness and drive innovation across Japan and North America, working toward a more sustainable global society.

Comments from Key Executives

Masaaki Miyatake, Executive Officer, Applied Solutions Business, Daikin Industries, Ltd.

Against the backdrop of global climate action and ESG initiatives, carbon measurement and reduction have become essential. By combining Asuene’s advanced GHG accounting capabilities with Daikin’s energy-efficient HVAC systems and operational expertise, we aim to deliver actionable, one-stop decarbonization solutions. Through this collaboration, we will contribute to building a more sustainable society, both in Japan and worldwide.

Kohei Nishiwada, Founder, CEO & COO, Asuene Inc.

We are deeply honored to enter a strategic capital partnership with Daikin, a global HVAC leader. This is more than an investment—it’s a bold commitment to our shared mission of decarbonization. By combining our strengths, we are fully committed to leading the market not only in Japan but in North America as well. This collaboration marks the beginning of our next chapter, and we are driving it forward with purpose and momentum.

About Daikin Industries, Ltd.

・Company Name: Daikin Industries, Ltd.
・Representative : Naofumi Takenaka, Representative Director, President and COO
・Headquarters: Osaka Umeda Twin Towers South, 1-13-1 Umeda, Kita-ku, Osaka
・Website: https://www.daikin.com