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Algal Bio is proud to announce that we have successfully raised 590 Million JPY (ca 4.3 Million USD) in our 1st Closing of Series B financing round. Algal Bio, a leading Japanese micro-algae start-up, provides the world’s first “algae bio-foundry platform” with an intensive algae strain library multiplied with diverse screening and cultivating technologies for applying algae in all industries and applications. We believe that our technologies could be a potential solution for health, food and environment industries. With the funds raised this time, we will not only consolidate our algae bio-foundry platform, but also expedite the commercialization of algae-derived products and solutions together with our partner companies, and accelerate overseas expansion.
We will exhibit at the Japan Pavilion (organized by JETRO) at Viva Technology 2022 (June 15-18, 2022) in France.
We will be exhibiting in the Startup Zone at FOOMA JAPAN 2022 (June 7-10, 2022 at Tokyo Big Sight). We look forward to seeing you there.
We will present our business plan at the Venture Business Meetup on May 19, 2022. We look forward to seeing you there.
Our CSO, Mr. Takeshita will be a lecturer at a seminar hosted by JPI (Japan Planning Institute). The title of the seminar will be “The Founder of Algal Bio Co., Ltd., which has taken over the University of Tokyo’s algae research assets for more than 20 years, will talk about the current status and future prospects for the social implementation of “algae”. Why is “algae” attracting attention now? I will talk about the challenges of a university start-up based on algae research at a university. Please register for this event.
CO2 fixation by microalgae project was adopted as a NEDO-commissioned project.
Strengthening IP Strategy for Further Business Expansion
Recognized as J-TECH STARTUP 2021
On March 25, 2021, a “Demo Day” will be held to report the results of IPAS2021, an intellectual property acceleration program in which our company has been selected. CEO Kimura will also make a pitch at the event. Please watch the event.