ABSTRACT The microalgal genus known as Picochlorum, belonging to the green algae family Trebouxiophyceae, is recognized for its rapid growth and high lipid productivity. A Picochlorum strain (GJ210610) was recently established from the waters off Geoje, South Sea of Korea. Picochlorum sp. GJ210610 was a single, green ellipsoidal cell with an average size ranging from 1 to 2 µm. Its reproduction occurred through autosporulation. A phylogenetic tree based on nuclear small-subunit rDNA sequences revealed that this strain formed a unique branch, distinct from other Picochlorum species. Furthermore, the secondary structure of the ITS2 sequences was revealed for the first time within Picochlorum. The newly discovered Picochlorum sp. grew between 15°C and 25°C, with survival ceasing at 30°C. The maximum specific growth rate was measured at 0.91 d−1 at 25°C. The fatty acids of Picochlorum sp. GJ210610 were palmitic acid, oleic acid, linoleic acid, and alpha-linolenic acid. Based on morphological and phylogenetic analyses, we propose Picochlorum geojense sp. nov. (GJ210610) as a new species. The results of the present study may enhance our knowledge of the taxonomy and ecological characteristics of Picochlorum.