On Monday, March 10th, Nikkei Asia featured CHITOSE Group in its article, “Singapore startup bags $50m to push algae production for biofuels,” following the company’s successful JPY 7.3 Billion fundraising announcement. 

The article explores the current progress and future potential of large-scale microalgae cultivation in Malaysia, highlighting its appeal as an investment opportunity. It also features insights from CEO, Tomohiro Fujita, who shares his vision for the role of microalgae in sustainable biofuel production and the broader bioeconomy.

About the article
Nikkei Asia
Date of publication: Monday, March 10th, 2025
Title: Singapore startup bags $50m to push algae production for biofuels
URL: https://asia.nikkei.com/Business/Startups/Singapore-startup-bags-50m-to-push-algae-production-for-biofuels

Related Information:
CHITOSE Group Announces Capital Increase of JPY 7.3 Billion Scale through Third-Party Allotment