Mitsubishi Electric's ME Innovation Fund Invests in Lucend, U.S. Startup Driving Data Center Operational Optimization [Yahoo! Finance]
MITSUBISHI ELEC UNSP/ADR (MIELY)
NASDAQ:AMEX Investor Relations:
mitsubishielectric.com/company/ir/index.html
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Source: Yahoo! Finance
TOKYO, January 27, 2026 BUSINESS WIRE Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Lucend, a U.S.-based startup that provides an AI platform to optimize data center operations. This is the fund's fourteenth investment to date. The rapid advancement of digitalization, including the widespread adoption of generative AI, has accelerated capital investment in data centers worldwide. Meanwhile, data center operators are being increasingly required to enhance facility-wide operational efficiency, including energy and water usage, to reduce environmental impact, ensure stable operations, and maintain business competitiveness. Lucend's Transparent AI platform provides comprehensive visibility across entire data centers and enables operational optimization by comprehensively analyzing key metrics—including energy and water usage, CO emissions, and equipment utilization—derived from more than 300 billion readings from existing se
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