Japan’s DBJ joins follow-on investment in Albatross Technology wind turbine startup

Reuters2026/09/09 04:02

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Development Bank of Japan made an additional equity investment in Albatross Technology in a private financing round announced Sept. 9, 2026.
Albatross Technology is a Tokyo-based startup developing Floating Axis Wind Turbines to cut costs in floating offshore wind power.
Funding aims to accelerate commercialization, including preparations for a large-scale prototype following a small offshore pilot in Nagasaki.
DBJ has backed the company since an initial investment in November 2023, providing hands-on business-building support since then.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Development Bank of Japan Inc. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Japan’s DBJ joins follow-on investment in Albatross Technology wind turbine startup

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