Phoenixi-backed Koyoju AI partners with Nantan City, Karimoku Furniture, Koikeya on hardwood utilization project

• Phoenixi reported portfolio company Koyoju-ai launched a collaboration in Kyoto’s Nantan City to commercialize underused domestic hardwood.
• Partnership brings together Nantan City, sawmill Sakaya Lumber, furniture maker Karimoku, snack maker Koikeya to develop new end-use timber supply.
• Project targets conversion of neglected forest resources into higher-value materials such as furniture or flooring, shifting logs from woodchip use.
• Karimoku published a feature on Sept. 1 detailing the initiative, positioning it as a regional public-private co-creation model.

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