Browsing tag

algae

Dutch Algae Oil Innovator Secures €1.2 Million For Fish-Free Portfolio Growth

3 Mins Read Wellness Innovations BV has announced a successful crowdfunding round. The 1.2 million cash injection came via the DuurzaamInvesteren investment platform. Funds will be used to continue the company’s algae oil product portfolio expansion. Two wholly-owned brand names are primed for growth. Testa Omega-3 and Daily Supplements are Wellness Innovations’ consumer-facing endeavours. Both have been founded […]

Provectus Algae Scoops $11.4 Million In Pre-Series A Funding To Scale Biomanufacturing Platform

3 Mins Read Australian startup Provectus Algae has secured funding to commercialise its high-value marine ingredients. The pre-Series A round was led by Hitachi Ventures and Vectr Ventures. Supplementary support came from Possible Ventures, Acequia Capital, amongst others. Previous seed funding totalled $3.25 million, also led by Vectr. New funds will be used to complete a larger production […]

Umami Tech: Chicago Algae Heme Startup BYAS Develops Flavouring To Elevate Plant-Based Seafood

3 Mins Read Back of the Yards Algae Sciences (BYAS), a Chicago-based startup, has developed a “unique seafood flavouring” using its algal heme technology. The flavouring product is designed for plant-based fish, shrimp and other seafood alternatives, enabling “true seafood” taste and umami flavour to elevate the consumer experience.  BYAS has announced the development of a new product, […]

Sophie’s Bionutrients: Singapore Food Tech Debuts World’s First Plant-Based Algae Protein Burger Patty

4 Mins Read Singapore-based sustainable urban food production technology company Sophie’s Bionutrients has just unveiled its first 100% plant-based burger patty created from single-cell microalgae, which claims to have more protein than beef or most fish that is commercially sold, with each patty offering 24 grams of protein per serve. Singapore-based Sophie’s Bionutrients works on developing alternative plant-based […]

Qualitas Health Joins Forces With Grupo Indukern & Gullspång Re:food, Secures US$12.5M To Disrupt Algae Protein Market

3 Mins Read Food and nutrition company, Qualitas Health recently joined forces with Barcelona-based chemicals business Grupo Indukern and Stockholm-based food-tech investor Gullspång Re:food on the back of a successfully completed Series A funding round, both of which will help the company disrupt the algae protein market by developing new and innovative products. U.S.-based Qualitas Health formed partnerships […]

AlgiKnit Bags US$2.4M In Li Ka-Shing Backed Round To Bring Algae Bio-Yarns To Market

4 Mins Read New York-based biomaterials startup AlgiKnit has raised US$2.4 million in a bridge financing round that saw participation from Hong Kong billionaire Li Ka-shing’s Horizon Ventures among others. The company says the investment brings it another step closer to commercialising its seaweed-derived biodegradable yarns that could disrupt the market for polluting fibres such as petroleum-based polyester […]

India Has Potential To Become Sustainable Algal Protein Powerhouse, GFI Report Says

4 Mins Read India could become a major foundation for the global algal protein industry, a fast-growing sector in the sustainable protein supply chain, according to a new analysis. The report, released by the Good Food Institute India (GFI India), details the country’s unique opportunity to tap into its cohort of homegrown microalgae producers and optimal coastline environment […]

Triton Algae To Launch Plant-Based Tuna & Algae-Based Alternative Protein Ingredients

4 Mins Read Triton Algae Innovations, a startup leveraging freshwater algae species, is preparing to launch its plant-based algae ingredients and its first retail product – a tuna analogue – to show consumers the potential of the underwater crop in alternative proteins. The single-celled algae species that Triton uses, Chlamydomonas reinhardtii​, can express plant proteins, and the startup […]

Smallfood: Canadian FoodTech Debuts Microalgae Protein For Alt Meat That Can Be Grown in 7 Days

3 Mins Read Canadian microbial ingredient company Smallfood is debuting a new strain of microalgae that produces a novel “perfect protein” that can be used to develop alternative meats. Smallfood’s microalgae can be grown in just seven days using the firm’s proprietary fermentation technology, a process that is far less resource and carbon-intensive compared to animal-based proteins.  Smallfood […]

Chicago Ingredients Startup Debuts Algae Heme To Help Upgrade Plant-Based Meats

3 Mins Read Chicago-based ingredients startup Back of the Yards Algae Sciences (BYAS) has debuted its new algae-based heme – the molecule that plant-based player Impossible Foods has made famous with its “bleeding” beef patties that are completely animal-free. Showcasing its beta-version to Josh Schonwald who reviewed the ingredient for The Spoon, BYAS says that it wants to […]

New Wave Foods Closes US$18M Series A To Bring Plant-Based Shrimp To Market

4 Mins Read Plant-based seafood maker New Wave Foods has bagged US$18 million in a Series A round as the company gears up to launch its products on the market. Using the funding to accelerate its scale up plans, the company says that it will first introduce its plant-based shrimp to consumers via foodservice channels before expanding its […]

Aussie Biotech Provectus Raises US$3.25M Seed For Its Algae Platform With Multi-Industry Applications

3 Mins Read Australian startup Provectus Algae has secured US$3.25 million in a seed funding round led by Hong Kong-based early stage venture studio Vectr Ventures. Provectus Algae optimises algae growth and uses synthetic biology to create a platform of algae ingredients suitable for use in a range of industries, from sustainable proteins to bioplastics.  Provectus Algae’s US$3.25 […]