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Fenox Venture Capital invests in Japanese solar power web portal

5 Apr 2013

solarpanel_170sqFenox Venture Capital has made its first green technology investment in I And C-Cruise (IACC), which operates Green Energy Navi – a Japanese solar power web portal.

Fenox VC, which has a track record of helping Asian businesses achieve global expansion, will help IACC to launch their North American operations in June.

Green Energy Navi is a marketplace that matches consumers to solar power solutions, also providing them with user reviews, government subsidy information, tax incentives, and cost estimates.

Anis Uzzaman, general partner at Fenox Venture Capital, commented on Fenox’s previous experience of bringing Asian companies to America, saying, “IACC has great potential to expand into the US and global market.

“The company can leverage upon its proven business model in Japan and excel internationally.”

Kazuyuki Uemura, CEO of IACC, said, “We were seeking a global partner for our international expansion.

“With Fenox VC’s global connections in the United States and Europe, as well as their deep understanding of Japanese and Asian culture, they are the best partners in our endeavour.”

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