Albatross Technology Inc

Albatross Technology Inc is a pioneering technology startup in the field of ocean renewable energy, founded in 2012. The company focuses on developing offshore renewable energy devices such as offshore floating wind turbines, floating marine current turbines, and wave energy converters with the aim of reducing the cost of energy from the natural ocean environment. The most recent milestone for Albatross Technology Inc was the ¥420.00M Series A investment on 06 December 2023. This investment round saw the participation of prominent investors including Mitsubishi UFJ Capital, Development Bank of Japan, MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC), TOKAI Venture Capital & Incubation, Showa Kikai Shoji, Mitsubishi Gas Chemical, and Albacross. Headquartered in Japan, the company has demonstrated its commitment to enhancing the harnessing of ocean renewable energy with a focus on innovative and cost-effective solutions for sustainable energy production. Albatross Technology Inc aims to revolutionize the renewable energy industry through its groundbreaking developments in offshore energy devices.