Nutribase raises JPY 50 million in private round led by Incubate Fund

• Phoenixi-backed Nutribase raised JPY 50 million in a private financing round led by Incubate Fund on Aug. 4.
• Nutribase develops Ayo, a tasteless, odorless nutrition powder aimed at addressing hidden nutrient deficiencies in children and busy households.
• Proceeds earmarked for R&D, supply capacity, brand building, business partnerships, scaling its “nutrition infrastructure” concept branded as Cho-eiryo.
• Nutribase launched Ayo sales in 2023, incorporated in April 2026, operates from Tokyo with founder Hideaki Sato as CEO.

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