VC arm of Japan’s Mitsui makes first India investment in Theia Ventures Fund 1

MOL PLUS, the corporate venture capital arm of Japanese shipping company Mitsui O.S.K. Lines, has invested in Theia Ventures Fund 1, managed by Bengaluru-based Theia Ventures .Theia Ventures Fund 1 focuses on investing in startups in the energy transition, deep tech, materials science, and advanced manufacturing sectors.MOL PLUS established its India desk in November 2024 and is now fully engaged in networking with local venture capitalists and start-up companies.