The biofuel provider has launched Euglena Sustainable Ventures to invest in bioinformatics, direct-to-consumer and healthcare technology developers.
Japan-headquartered biofuel supplier Euglena has formed a startup investment and partnership scheme dubbed Euglena Sustainable Ventures.
The initiative will target companies in sectors including bioinformatics, direct-to-consumer and healthcare technology, as well as other strategic areas relevant to the company.
Euglena Sustainable Ventures has made its first investment, providing an undisclosed amount for βace (also known as Bace), the Japan-based owner of chocolate brand Minimal, which uses fair trade-sourced cacao beans to produce its confectionery products.
Euglena had already conducted direct…