MEDICINE & HEALTH

Giuliano Regonesi, CEO of Microalgaex, Gokcen Ustundag, COO, attending a meeting at MEDIPOL UNIVERSITY

Chinese Investors Back Turkish Startup Microalgaex with $47 Million Funding Round

Medicine & Technology Happiness Capital, the financial branch of LKK Health Products Group, alongside two other venture capitalists, is investing in the development of a sustainable facility in China. This initiative, fueled by $47 million in funding, is part of a broader effort to combat climate change and enhance both indoor and urban air quality. This investment will empower Microalgaex, a Turkish biotech startup, to extend its Liquid Tree product line into the Chinese market by mid-2025.
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