August 22, 2022
Global Brain has invested in AmicaTerra Co., Ltd., a manufacturer of a plant-derived plastic substitute material
Global Brain has invested in AmicaTerra Co., Ltd. (AmicaTerra), a manufacturer of a plant-derived plastic substitute material, through its JGC MIRAI Innovation Fund L.P. (JGC MIRAI Innovation Fund).
AmicaTerra produces “modo-cell®,” a plastic substitute made mainly from plant fiber (cellulose). “modo-cell®” is a material made by drying and powdering cellulose-containing plants and mixing them with starch. It is characterized by its ability to biodegrade in nature and to utilize resources that have not been used in the past, such as bamboos from abandoned bamboo groves and plant residues from food and beverage factories. AmicaTerra aims to contribute to the realization of a carbon-neutral and recycling-oriented society by establishing a “modo-cell®” mass production system in the future.
Global Brain has decided to invest in AmicaTerra based on the company's advanced technological capabilities. We will contribute to the business growth of AmicaTerra in cooperation with the JGC Group.
About AmicaTerra
- Location
- Koto-ku, Tokyo, Japan
- Representatives
- Koji Masuda, Yukari Koga
- Founded
- November 2016
- URL
- https://amica-terra.com/
(Available only in Japanese)
About JGC MIRAI Innovation Fund
- Name
- JGC MIRAI Innovation Fund L.P.
- General Partner
- Global Brain Corporation
- Fund Size
- JPY 5 billion
- Fund Term
- 10 years
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January 1998
- URL
- https://globalbrains.com/