Ashurst advises Sojitz on its investment in the high-growth tech and new-material field in Singapore

2DM is a spinoff company from the National University of Singapore's Centre of Advanced 2D Materials, one of the leading 2-dimensional materials research institutes in the world.

Leveraging its global network of approximately 5000 partner companies in the chemicals industry along with its sales and procurement networks, Sojitz will promote practical application of 2DM’s high-quality, competitively priced graphene. Additionally, by promoting the use of energy-saving and material-conserving graphene materials, Sojitz will contribute to the realization of an eco-friendly society.

Earlier this year, Ashurst has also represented Sojitz on its strategic investment in a leading primary healthcare and wellness services provider in Asia Pacific. 

Lead Partner for the transaction Michelle Phang comments, "We are delighted to have supported Sojitz on its strategic investment in this exciting high-growth innovation venture in Singapore." 

Sojitz client relationship partner Tracy Whiriskey adds, "Japanese corporates are increasingly interested in investments in high-growth, early stage start-ups and we are honoured to have supported our long-term client Sojitz on this Singapore investment".

The Ashurst team was led by partners Michelle Phang (Singapore) and Tracy Whiriskey (Tokyo). They were supported by senior associates Vanessa Teo (Singapore), Daniel Yip (Singapore), Jessika Colthurst (Tokyo), associates Alex McLeish (Tokyo) and Shojeeb Alam (Tokyo/Melbourne).