Ocean Biochemistry Research Technology, Inc. announced that it has received PHP 3.75 million in funding from Greenergy Holdings Incorporated

On February 23, 2021, the company announced that it has entered into a subscription purchase agreement with the investor pursuant to the transaction. On February 23, 2021, Ocean Biochemistry Research Technology, Inc. closed the transaction. The company received PHP 937,500 in its first tranche. The remaining will be paid up on the call of board of directors of the company.