# Fermenstation Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fermenstation-co

- Industry: Consumer Products
- Headquarters: Tokyo, Japan
- Website: www.fermenstation.jp/
- Total disclosed funding: $3.4M
- Latest round: Series C (Jan 30, 2024)
- Investors on record: 7

## About

Founded in 2009 and based in Tokyo, Japan, Fermenstation Co., Ltd. is a value-added biomass ethanol manufacturing firm that produces ethanol from domestic organic rice and sells consumer products. The company was founded by its CEO, Lina Sakai Watanabe. In January 2024, Fermenstation Co., Ltd. raised JPY 230 million in venture funding from JICN, Takara Holdings Inc., TBS Innovation Partners, Spurcle, and SX Capital.

The company specializes in organic products derived from rice through sustainable fermentation processes. The firm product line includes organic rice ethanol, outdoor sprays in various scents (Palmarosa and Lemongrass), and facial soaps under the Oshu Sabon brand. Fermenstation also offers a range of home and personal care items such as pillow sprays, hand towels, and sunflower oil.

The organization plans to use the January 2024 funding for the development of raw materials that can be used in make-up and food products.

## Funding rounds

- Series C, Jan 30, 2024, $1.6M — TBS Innovation Partners, Spurcle, SX Capital, TAKARA HOLDINGS INC., JICN
- Series B, Mar 15, 2021, $1.8M — SBI Shinsei Corporate Investment, JR East Start Up, SX Capital

## Investors

- SBI Shinsei Corporate Investment (https://capitalatlas.ai/funds/sbi-shinsei-corporate-investment) — Series B
- JR East Start Up (https://capitalatlas.ai/funds/jr-east-start-up) — Series B
- SX Capital — Series B, Series C
- TBS Innovation Partners (https://capitalatlas.ai/funds/tbs-innovation-partners) — Series C
- Spurcle (https://capitalatlas.ai/funds/spurcle) — Series C
- TAKARA HOLDINGS INC. — Series C
- JICN — Series C