MEDCARE, Inc. announced that it expects to receive funding from cocokara fine Inc., SMBC Venture Capital Co., Ltd., Euglena Co., Ltd., Mitsui & Co., Ltd., Mitsubishi UFJ Capital Co. Ltd.
April 26, 2018
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MEDCARE, Inc. announced that it will receive an equity round of funding from cocokara fine Inc. (TSE:3098) on April 27, 2018. The ttransaction was approved by board of directors of the investor.
euglena Co., Ltd. is a Japan-based company mainly engaged in the healthcare, energy and environmental business utilizing the research and development results on euglena. The Company masters the core technology of euglena, which provides the edibility of microalga euglena (Japanese name: Midorimushi) and the technology of outdoor large-scale cultivation. The Company operates in two business segments. The Healthcare segment is involved in the original equipment manufacturer (OEM) provision of food and cosmetics using euglena, as well as the planning and sale of products. The Energy and Environment segment is involved in the technology development and commissioned research of euglena and other microalgae, as well as the research and development of biofuels for the future commercialization.
MEDCARE, Inc. announced that it expects to receive funding from cocokara fine Inc., SMBC Venture Capital Co., Ltd., Euglena Co., Ltd., Mitsui & Co., Ltd., Mitsubishi UFJ Capital Co. Ltd.
EUGLENA CO., LTD. 
