iPEACE Corporation

Company name: iPEACE223 Corporation

Institute of Institute of SCIENCE TOKYO certified venture No. T156

Established: August 1, 2023

Representative: Shosuke Kiba / Representative Director (Partner, Universal Materials Incubator Corporation)

Toru Setoyama / Representative Director, CTO (Mitsubishi Chemical Executive Fellow)

Toshiyuki Yokoi, Director, CSO ( Prof. Institute Institute of Integrated Research, Institute of Institute of SCIENCE TOKYO )

website: https: //ipeace223.com/

Business Description:

We aim to realize a carbon-neutral society through the sustainable production of propylene and its derivatives using ethylene dehydrated from bioethanol and our proprietary zeolite catalyst.

Our zeolite catalysts, which boast high selectivity and high yields unmatched by other companies, and their regeneration technology enable stable and continuous production of biopropylene using the "ETP reaction (Ethylene To Propylene)".

Based on this technology, we will promote the use of green fuels and chemical feedstocks and contribute to the realization of a society that does not depend on fossil resources. We are also designing processes optimized for this catalyst technology and processes for large-scale plants, aiming to establish next-generation manufacturing technologies that will contribute to reducing environmental impact.

News:

September 1, 2023: Awarded the title of " Tokyo Institute of Technology Venture No. 156" (Photo 2)

September 10, 2024 Pre-Series A round of financing of approximately 230 million yen

April 1, 2025 Bench plant installation completed (Photo 3)

June 11, 2025 Pre-Series A2 round of financing of approx. 300 million yen

Photo 1: Business Overview

Photo 3: Exterior view of the bench plant (Location: Technohub Innovation Kawasaki)

Photo 2 From left: President Kazuya Masu, then CEO Ryoichi Higuchi, and CSO Toshiyuki Yokoi