Japan Allocates $125 Million to Fusion and Recycling Startups Through Public-Private Partnership

GX Acceleration Agency backs Kyoto Fusioneering and JEPLAN as part of its $2.3 trillion strategic investment initiative

Auxiliary equipment for nuclear fusion reactors developed by Kyoto Fusioneering. The investment by Japan’s GX Acceleration Agency is part of a broader plan to mobilize 370 trillion yen ($2.3 trillion) in public and private investment across 17 strategic sectors by fiscal 2040. (Photo by Eisaku Nitta)

NODOKA MURAKAMI and KEIKO SUGIYAMA

August 24, 2026 03:00 JST

TOKYO – Japan’s Green Transformation (GX) Acceleration Agency has committed funding to two emerging technology firms specializing in nuclear fusion and plastic recycling, driving a combined total of 20 billion yen ($125 million) in public-private capital, according to Nikkei. The agency’s support for Kyoto Fusioneering and JEPLAN aligns with its broader strategy to channel 370 trillion yen in investments across 17 priority sectors by fiscal 2040, underscoring Japan’s commitment to advancing sustainable innovation in critical industries.

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