Organization · Corporate Venture Capital

MOL Switch LLC

MOL Switch LLC is the corporate venture capital arm of Mitsui O.S.K. Lines, focused on investing in decarbonization technologies and business models. Based in Palo Alto, California, it targets startups in the Climate Tech sector.

Corporate Venture CapitalFunder

Overview

What MOL Switch LLC does

What MOL Switch LLC is

MOL Switch LLC is the corporate venture capital arm of Mitsui O.S.K. Lines, focused on investing in decarbonization technologies and business models. Based in Palo Alto, California, it targets startups in the Climate Tech sector.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Corporate Venture Capital
Structured capabilities
Funder
Last reviewed
May 3, 2026

Official channels

Find MOL Switch LLC elsewhere

Open the official website or a supported primary organization account.

Capability profile

MOL Switch LLC as a funder

Investment thesis

MOL Switch LLC focuses on investing in technologies and business models that support decarbonization, leveraging over 140 years of maritime operations to address hard-to-abate emissions.

Focus narrative

MOL Switch invests in startups at various stages that develop technologies and business models aimed at decarbonization. Key areas of investment include renewable energy production, transportation and storage of next-generation energy, clean energy usage, and Carbon Dioxide Removal (CDR). The firm seeks to reduce costs, scale supply chains for clean energy, enhance energy management, and catalyze durable CDR solutions for hard-to-abate emissions.

Value beyond capital

MOL Switch leverages its extensive experience in maritime operations and its parent company's global network to provide strategic support to portfolio companies. The firm aims to enhance the scalability and cost-effectiveness of clean energy solutions, facilitating partnerships and collaborations that drive innovation in the decarbonization space.

Focus and fit

Stages
Friends and Family · Angel · Accelerator · Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Series D · Series E · Series F · Growth Equity · Pre-IPO · Ipo · Secondary · Bridge · Recap
Regions
Global · North America · Europe

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
15

Portfolio context

Heirloom Carbon: Develops cost-effective Direct Air Capture (DAC) technology for CO2 removal at scale. Website Core Power: A UK-based developer of new nuclear technologies for maritime applications, aiming to provide carbon-free energy for shipping. Website Calicat: Focuses on reducing the cost of green hydrogen production. Website Regent Craft: Developing the Seaglider, an electric propulsion vehicle for high-speed inter-city travel. Website Twelve: Produces e-fuels and e-naphtha from CO2 using proprietary electrolysis technology. Website 24M Technologies: Innovates in semi-solid lithium-ion battery technology for improved energy density and recycling. Website Power to Hydrogen: Develops a unique electrolysis cell design to enhance durability in hydrogen production. Website Hystar: Creates PEM electrolyzers with advanced membranes for efficient hydrogen production. Website Amogy: Develops power systems combining ammonia cracking and hydrogen fuel cells for maritime and heavy transport sectors. Website Ammobia: Innovates in ammonia production with higher energy efficiency. Website Koloma: A geologic hydrogen company focused on commercializing hydrogen resources globally. Website Exterra Carbon Solutions: Develops CO2 storage solutions using mineral waste. Website Captura: Works on Direct Ocean Capture technology to extract CO2 from seawater. Website Vycarb: Provides a modular ocean carbon removal system for CO2 sequestration. Website AP Ventures: A UK-based venture capital fund focused on hydrogen and carbon-neutral technologies. Website Energy Impact Partners: A global investment firm leading the transition to sustainable energy.

Common questions

What to know about MOL Switch LLC

Upseed classifies MOL Switch LLC under the Corporate Venture Capital organization type. Its current public profile includes funder capabilities.

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

May 3, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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