Fujitsu entrepreneurship program spins out first start-up company
Fujitsu announced
that it has spun out blue carbon services company BLUABLE Ltd. from its
entrepreneurship program Fujitsu Innovation Circuit (FIC.) The company,
established as a startup in October 2024, is the first company to be
successfully generated by the program.
BLUABLE has secured
funding from Spinout Capital Fund No.1, a Japanese venture capital fund for
corporate spinouts, in November 2024. The funds will be used to validate the
product-market fit of the products and services developed.
BLUABLE aims to
promote carbon neutrality and contribute to the sustainability of the marine
environment by providing services related to blue carbon, i.e., carbon captured
and stored in the world's ocean and coastal ecosystems.
A significant amount
of blue carbon is stored in seaweed, and a rise in seawater temperatures has
caused a loss of seaweed beds and damage to seawater quality and conditions.
BLUABLE produces kits
to encourage seaweed bed growth. The kits are made from a material which
seaweed can easily adhere to and no heavy equipment is needed to place the kits
in the ocean, saving resources as compared to current cultivation methods. In
addition, BLUABLE measures the blue carbon secured through utilization of its
kits and uses the data to apply for J Blue Credits (1). Currently, BLUABLE is conducting field trials
for seaweed bed cultivation at 16 undersea locations in Japan.
The company plans to
verify more advanced measuring techniques for blue carbon using IoT and AI.
Fujitsu will provide
its technology to BLUABLE, including its ocean digital twin (2), as it works toward preserving the world’s
marine environment. In addition, through FIC, Fujitsu will continue
contributing to a sustainable society by fostering talent and businesses that
can take on the challenge of resolving societal issues.
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