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Press release content from Business Wire. The AP news staff was not involved in its creation. DIC Invests in Israeli Biotech Startup Vaxa Technologies April 28, 2021 GMT TOKYO (BUSINESS WIRE) Apr 28, 2021 DIC Corporation (TOKYO:4631) has completed investment in Vaxa Technologies Ltd., a biotech startup headquartered in Rosh Pina, Israel, as part of a strategic expansion of DIC businesses around health food and other algae-derived products. Vaxa Technologies possesses unique proprietary light-emitting diode (LED) illuminated photobioreactors and algae cultivation technologies and is engaged in the development and commercialization of clean, unparalleled high-value-added algae products. Vaxa Technologies’ cultivation process employs renewable energy, achieving excellent productivity while consuming significantly less land and fresh water than conventional cultivation methods. This process also converts discharged CO2 into useful materials, making the process carbon negative and

Vaxa technologieRosh pinaKeisuke miyakeSun chemical corporationVaxa technologies ltdCorporate communications deptVaxa technologiesFunctional productsBusiness wireரோஷ் பினாகேசுக்கே மியையாக்ய்சூரியன் இரசாயன நிறுவனம்பெருநிறுவன தகவல்தொடர்புகள் டெபிட்செயல்பாட்டு ப்ராடக்ட்ஸ்வணிக கம்பி