Stemcell United Ltd. ( (AU:BP8) ) has issued an update.
BPH Global Limited has successfully raised $609,000 through a placement with institutional and sophisticated investors, demonstrating strong engagement and support for its business development strategy. The company is making significant strides in its Indonesian seaweed operations, having registered a subsidiary, secured a warehouse, and established supply chains with local farmers. This expansion positions BPH Global to capitalize on Indonesia’s seaweed production capabilities, offering cost efficiencies and sustainability benefits, and aligns with government policies on sustainable aquaculture.
More about Stemcell United Ltd.
BPH Global Limited is a plant-based biotechnology company focusing on the development and commercialization of seaweed-based products. The company is engaged in cultivating, harvesting, and sourcing seaweed for various applications, including food markets, bio-stimulants, nutraceuticals, and research into biohydrogen and biogases. It is actively expanding its operations in Indonesia, leveraging the country’s status as a leading seaweed producer.
Current Market Cap: €1.26M
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