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SPARX Group’s Fund Invests in Climate Tech Startup SPACECOOL

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SPARX Group’s Fund Invests in Climate Tech Startup SPACECOOL

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Sparx Group Co ( (JP:8739) ) has issued an announcement.

SPARX Group Co., Ltd. announced that its Mirai Creation Fund III has invested in SPACECOOL Inc., a climate tech company developing radiative cooling materials. This investment will enable SPACECOOL to enhance its research and development capabilities and expand its business internationally, addressing global thermal issues with energy-free solutions. The investment reflects SPARX’s commitment to supporting innovative technologies that contribute to sustainability and global warming mitigation.

More about Sparx Group Co

SPARX Group Co., Ltd. operates in the financial sector, primarily focusing on investment management. The company is involved with various funds, including the Mirai Creation Funds, which invest in innovative technologies such as intelligent tech, robotics, hydrogen-economy technologies, electrification, new materials, and carbon neutrality. SPARX aims to support ventures that align with these futuristic and sustainable fields.

YTD Price Performance: -3.70%

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Technical Sentiment Consensus Rating: Buy

Current Market Cap: $291.9M

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