Tech Company Financing Transactions

Daiz Funding Round

Daiz, based in Chuo-ku, Kumamoto, secured $47 million in funding from Kagoshima Bank, Mitsubishi UFJ Capital and Mitsui Sumitomo Insurance Venture Capital.

Transaction Overview

Company Name
Announced On
10/17/2023
Transaction Type
Debt
Venture Equity
Amount
$47,000,000
Round
Series C
Proceeds Purpose
It plans to use the Series C funds to build its new production plant in Kumamoto, which it claims will be the largest plant-based meat factory in Japan. The facility is planned for a February 2025 launch, with the first phase of construction having a capacity of 8,000 tons per year. Eventually, it's expected to produce 20,000 tons of plant-based meat annually.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
TelWel Kumamoto Building 4 Floor 5-1-1 Minami-Kumamoto
Chuo-ku, Kumamoto, 860-0812
JP
Email Address
Overview
DAIZ is a global developer and producer of plant-based protein known for its breakthrough sprouting technology that can create desired tastes and nutrient compounds in soybeans and other plant seeds. The Ochiai Germination Method (OGM), our patented and proprietary technology developed through more than 25 years of research in plant science, has enabled DAIZ to custom-design highly nutritional raw materials for meat alternatives that naturally have great flavors and textures without using any additives. We are also exploring the application of OGM to the field of drug discovery by combining it with the latest techniques in artificial intelligence.
Profile
Daiz LinkedIn Company Profile
Social Media
Daiz Company Twitter Account
Company News
Daiz News
Facebook
Daiz on Facebook
YouTube
Daiz on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tsuyoshi Ide
  Tsuyoshi Ide LinkedIn Profile  Tsuyoshi Ide Twitter Account  Tsuyoshi Ide News  Tsuyoshi Ide on Facebook
Chief Technical Officer
Koji Ochiai
  Koji Ochiai LinkedIn Profile  Koji Ochiai Twitter Account  Koji Ochiai News  Koji Ochiai on Facebook


 

 

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Prev: 10/17/2023: Evident Vascular venture capital transaction
Next: 10/17/2023: Sky Labs venture capital transaction

 

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We record every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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