Japan’s DBJ joins follow-on investment in Albatross Technology wind turbine startup
Reuters2026/09/09 04:02- 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.
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