History of euglena Co. began in 1998 when Mitsuru Izumo, President went to Bangladesh.
His desire to solve “the global food problem” motivated him to start a new business and to develop a technology for outdoor mass culture.
Experience in Bangladesh
Our founder and President Izumo went to Bangladesh in 1998, when he was a student of Tokyo University. There, he saw real poverty and malnutrition and his goal to solve these problems was at the heart of this company.
Encounter with the microalgae “euglena”
Two years after returning from Bangladesh, Izumo was introduced “euglena” from current Director Suzuki, who was studying at Faculty of Agriculture in Tokyo University at that time. Although euglena’s nutritional capabilities and carbon capture capabilities were appealing to Izumo, nobody in the world thought mass cultivation of euglena would be succeeded; therefore, the commercialization was believed to be distant.
Success in mass cultivating “euglena” and founding of our company
In 2002, Izumo entered Bank of Tokyo Mitsubishi Bank. He maintained his goal of starting up a business using euglena while Suzuki went for postgraduate course to research its mass cultivation technology.
At the same time, Izumo met current Director Fukumoto who was a professional in functional foods sales. Fukumoto was managing a functional food sales company and was a key person in starting up the functional foods business. He decided to join the start up this company when after being motivated by Izumo.
Later in August, 2005 Izumo, Suzuki and Fukumoto established euglena Co., Ltd.. In December, euglena Co., Ltd. has succeeded in producing euglena outdoors at a commercial scale with the support of laboratories in universities including Tokyo University, Osaka Prefecture University and Kinki University and our business partner, Yaeyama Shokusan Co., Ltd.
Currently, euglena Co., Ltd. is utilizing its mass cultivation technology for water treatment and biofuels in addition to developing and marketing functional foods and cosmetics to bring euglena closer to our lives.