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Daiz
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Developer of plant-based protein products made from germinated legumes

Founded in 2015
Founded in

Company type Private Public ()
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Industry Group agriculture & food

Sector alternative proteins

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Japan Tokyo, Japan
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Updated by Cleantech Group on 12/21/2023

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Date Partner Type
07/07/2023
7-Eleven 7-Eleven
DAIZ provided plant-based meat ingredients for jointly-developed new products in cooperation with Ajinomoto and Nippon Ham for sale in 7-Eleven stores.
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Confirmed by 7-Eleven
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IPO INFORMATION

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Date Investors Type Amount
10/17/2023 Mitsubishi UFJ Capital Mitsubishi UFJ Capital , Roquette Roquette , Miyoshi Oil & Fat Miyoshi Oil & Fat , Kagoshima Bank Kagoshima Bank , Japan Ministry of Economy, Trade & Industry (METI) Japan Ministry of Economy, Trade & Industry (METI) , Japan Ministry of Agriculture, Forestry & Fisheries Japan Ministry of Agriculture, Forestry & Fisheries (6)
Post-money valuation of
DAIZ will use the ¥7.1 billion ($47.5 million) Series C funding to build a 40,000 square foot manufacturing facility in Kumamoto that will produce 8,000 tons of plant-based protein per year upon launch in February 2025, eventually scaling to full capacity of 20,000 tons annually. The round reportedly involves a debt component from the Japanese government's trade and agriculture ministries.
Growth Equity $47,485,000
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