Tokyo Gas Innovation Group Builds Presence on U.S. East Coast
The Markets Insider website reported that in early 2017, Tokyo Gas implemented an open innovation strategy and began establishing company outposts in leading innovation hubs around the world. Planting roots in new locations including Menlo Park, CA, and Boston, MA, is an effort to better connect Tokyo Gas with startups on both coasts that present promising cleantech innovations. The utility provider is looking to incorporate innovations into its portfolio either through direct investment, partnership opportunities or internal R&D. Tokyo Gas executives leading the open innovation effort are working closely with their colleagues at Acario Innovation, the US-based subsidiary of Tokyo Gas focused on corporate venturing and partnerships.
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