Japan Hydro Powtech Secures 400 Million Yen in Series B+ Funding for Innovative Hydrolysis Technology

Japan Hydro Powtech Secures Funding for Strategic Expansion

Japan Hydro Powtech Co., Ltd. (NHP), headquartered in Nagaoka, Niigata, recently announced its successful fundraising of approximately 400 million yen in a Series B+ round from Inabata Thai Co., Ltd. (IK-T) based in Bangkok. This investment marks a significant step towards NHP’s goal of leveraging its groundbreaking hydrolysis technology to enhance food ingredient development.

The funding will facilitate the launch of Hydro Powtech Singapore (HPS) in April 2024, allowing NHP to expand its strategic brand, ANY1 CHOCO, alongside exploring distribution opportunities for hydrolysis products in the ASEAN market. Additionally, with the capital participation from Inspire Investment Corporation in November 2024, NHP plans to commence business operations focusing predominantly on the Malaysian market.

The partnership with Inabata Thai is aimed at establishing a robust strategic alliance, with IK-T acting as a vital hub for production and sales across the ASEAN region. Through HPS and Inabata Thai's extensive local network and collaborative initiatives, NHP will work towards strengthening export channels for its hydrolysis products while developing new offerings tailored to local demands. Moreover, considerations are being made for local manufacturing and processing in Thailand.

Overview of Japan Hydro Powtech

Founded in 2014, NHP has been at the forefront of utilizing its proprietary hydrolysis technology in food planning, development, manufacturing, and distribution. Unlike traditional fermentation and brewing methods, NHP's technology significantly reduces the time needed for decomposition, using no chemical agents and minimizing environmental impact with minimal energy consumption.

The resulting products from NHP proudly feature the raw material label, catering to allergen-free needs and potential applications in alternative dairy and meat sectors. Their innovative approach has garnered widespread support, making its way to dining tables across the nation through collaborations with various manufacturers and retailers. With a strategic business partnership with Lotte Co., NHP has expanded its technology applications, harnessing cocoa resources effectively.

In addition, NHP's upcoming fundraising from Inspire Investment Corporation, scheduled for November 2024, aims to propel its ventures deeper into the ASEAN market, particularly focusing on Malaysia.

Insights from Inabata Thai Co., Ltd.

Inabata Thai Co., Ltd. has been operating in Thailand for over 35 years, primarily dealing with chemicals. The CEO, Mr. Hidetaka Kodama, noted that as the industrial structure in Thailand evolves, IK-T has been actively expanding its portfolio. Throughout this process, they fortuitously encountered the exceptional products developed by NHP’s proprietary hydrolysis technology.

With aspirations to import and distribute these innovative products throughout Thailand and other Southeast Asian nations, IK-T has positioned itself strategically for successful business collaborations. The vision includes establishing joint ventures in the future to leverage Thailand’s agricultural advantages for local production.

NHP’s dedication to advanced hydrolysis techniques and the strategic investment from IK-T highlight significant advancements in the food ingredient industry, promising an exciting future. With plans for localizing production and a focus on meeting market needs, NHP is set to redefine food production standards in the ASEAN region.