Algal Bio, Inc. was featured by “Newswitch” of Nikkan Kogyo Shimbun, which provides news and original contents in a more fresh and friendly way. Algal Bio was established in 2018 to commercialize algae research at the University of Tokyo for more than 20 years. Algal Bio researches and develops algae for applications in beauty, food, and biofuel.
The article also mentions cost reduction for the widespread use of algae.

For more details, pleases refer this article
https://newswitch.jp/p/28670