Capital and business alliance for full-scale business development in overseas markets centered on the ASEAN region “Japan Hydro Powtech” with innovative hydrolysis technology raises approximately 400 million yen in funding
NHP Press release: November 8, 2024 “Japan Hydro Powtech”, which has innovative hydrolysis technology, raises approximately 400 million yen in funding Full-scale business development in overseas markets centered on the ASEAN region Nippon Hydro Pawtech Co., Ltd. (Headquarters: Nagaoka City, Niigata Prefecture, Representative Director: Masazumi Kumazawa, hereinafter “NHP”) has announced that it has acquired INSPiRE Mutualistic Symbiosis Fund 1 Investment Business Limited Partnership (Minato-ku, Tokyo, unlimited liability member shares) We are pleased to announce that we have raised approximately 400 million yen from the company Inspire Investment, Representative Director: Ryosuke Takatsuki (hereinafter referred to as “IMSF”). Purpose of this funding From April 2024, we will start operating our overseas subsidiary
Hydropowtech Singapore (hereinafter referred to as “HPS”), which will sell our strategic own brand Any1 Choco in stores and sell our hydrolyzate products in ASEAN countries. We are promoting the development of commercial sales channels. The shareholder, IMSF, is Japan’s first fund approved by the Minister of Agriculture, Forestry and Fisheries based on the revised Investment Facilitation Act, in order to create and strengthen food value chains originating from Japan and reaching the world. We have a large track record of supporting growth through investments globally. In addition to organically collaborating with other support organizations and various domestic and overseas partners in the company’s network, we are promoting the export of existing products from Japan, as well as local manufacturing of our hydrolyzate products through various alliances with local partners. The purpose of this financing is to accelerate our overseas business expansion by flexibly pursuing the optimal business model for each market. About NHP Since our founding in 2014, NHP has been planning, developing, manufacturing, and selling food products using our unique hydrolysis manufacturing technology. Compared to conventional brewing and fermentation methods, the time required for decomposition can be drastically reduced, and it also uses only a small amount of energy without using any chemicals, making it possible to reduce the environmental impact. The finished product will be able to display the raw ingredients, and is expected to be a technology that can be applied to allergen-free, alternative milk, and alternative meat fields. We have received a lot of support and have had the opportunity to serve people’s dinner tables through
manufacturers and retailers across the country. Furthermore, thanks to our capital and business alliance with Lotte Co., Ltd., we are expanding our technological applications, including the effective use of cacao resources.
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