Algama is a food-tech company based in France, founded in 2013, with a commitment to engineering sustainable food solutions. The company harnesses the potential of algae to create food that is not only good for people but also for the planet. With a focus on feeding 10 billion people by 2050 while preserving the planet, Algama has attracted a notable amount of attention and investment. Notably, the company has received a significant €13.00M Series A investment in January 2023 from impact investors including Horizons Ventures, Blue Horizon Ventures, CPT Capital, Veginvest, Beyond Impact, Alwyn Capital, signaling high confidence in its mission. Being at the forefront of microalgae food, the company has garnered support and recognition globally. Algama's dedication to innovating and making microalgae a key resource for future daily food underscores its potential for growth and impact. The team's commitment to making microalgae-based foods tasty, affordable, and widely available is indicative of its vision and potential in the Biotechnology and Food and Beverage industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | €13.00M | 5 | 12 Jan 2023 | |
Grant | €2.00M | 1 | European Commission | 20 Oct 2021 |
Series A | Unknown | 4 | 12 Sep 2019 | |
Seed Round | Unknown | 1 | 30 Jun 2018 | |
Seed Round | Unknown | 6 | European Commission | 01 May 2016 |
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