Mitsubishi Electric is investing in Archeda Inc. This startup focuses on monitoring and analyzing carbon credits using satellites. This is the 11th investment by the ME Innovation Fund. Mitsubishi Electric's venture capital arm is co-managed with Global Brain Corporation. Archeda tackles a key issue in the rising carbon credit market. It focuses on making credit issuance clear and trustworthy. Global demand for natural carbon credits is rising. Japan will launch its Emissions Trading Scheme in 2026. So, the need for accurate and verifiable carbon offset data is more urgent than ever. The startup uses radar satellite data, including from Mitsubishi Electric's "Daichi-2" satellite. It uses its own AI tech to track environmental changes. It also measures carbon absorption accurately. This enables more trustworthy baseline evaluations and enhances the credibility of…
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