Impact in brief • 3 min read
There may be a natural solution: algae. More specifically, Euglena. This is a type of freshwater algae that contains 59 varieties of nutrients and nine types of essential amino acids.
Meet Mitsuru Izumo, a Japanese entrepreneur. Back in 1998, he was on a business trip to Bangladesh when he learned of the country’s struggles with malnutrition.
Mitsuru was a huge fan of Dragon Ball, the Manga series in which a single magical bean nourishes a person for days. He wondered if there was a real-life equivalent that could help in the fight against malnutrition.
That’s when he discovered Euglena for himself. He was excited to learn that it has the nutritional profile of plant-based and animal-based foods at once. This was the magic bean.
Not long after, he founded Euglena Co., a Tokyo-based company named after the algae.
Fast forward 24 years, and Euglena is the first company in the world to mass cultivate Euglena for human consumption. Today, 10,000 Bangladeshi children at 66 schools receive free Euglena meals five days per week.
Not only that, but some 250,000 monthly subscription customers use Euglena products to support their diets.
Euglena also uses the algae to develop technology to produce biofuels for several types of vehicles. The company produces 125,000 litres of biofuel per year at their test plant.
In line with its commitment to groundbreaking food and fuel solutions, Euglena contributes to achieving UN Sustainable Development Goals 1, 2, 3, 4, 12, and 13.
The value of your investments can go down as well as up and you may get back less than you originally invested. CIRCA5000 don't offer investment advice, if you're unsure if any investment is right for you please consult a suitably qualified financial adviser. The individual holdings of any fund offered by CIRCA5000 can change without warning.