MiAlgae

Our zero waste solution recycles co-products to grow omega-3 rich microalgae, returning clean water in the process 🧪♻️

General Information
Company Name
MiAlgae
Founded Year
2016
Location (Offices)
Edinburgh, United Kingdom +1
Founders / Decision Makers
Number of Employees
62
Industries
Agriculture, Biotechnology, Enterprise +1
Funding Stage
Series A
Social Media

MiAlgae - Company Profile

MiAlgae is a United Kingdom-based startup founded in 2016, aiming to revolutionize the livestock and pet feed industries. The company's mission is to address the declining wild fish stocks and rising demand for Omega-3s by offering microalgae rich in polyunsaturated fatty acids (PUFAs) as a sustainable replacement to fishmeal in feed. This £14.00M Series A investment received on 18 September 2024 from a consortium of investors including Ascension Ventures (UK), SIS Ventures, Scottish Enterprise, Clay Capital, Equity Gap, Blue Oceans Partners, Edinburgh Innovations, Rabobank Food & Agri Innovation Fund, Ananke Ventures illustrates the confidence in MiAlgae’s innovative approach. The startup's zero-waste solution, which recycles co-products from whisky production to grow Omega-3 rich microalgae while returning clean water, makes it environmentally beneficial and effective. This aligns with the global need for sustainable livestock production, thus positioning MiAlgae as a key player in contributing towards meeting the needs of the growing world population. For further updates, interested parties can follow MiAlgae on Twitter (https://www.twitter.com/mialgae) and Instagram (https://www.instagram.com/mialgae/).

Taxonomy: sustainable agriculture, livestock feed industry, omega-3 production, microalgae, circular economy, whisky co-products, aquaculture, sustainable nutrition, wastewater remediation, environmental innovation

Funding Rounds & Investors of MiAlgae (5)

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Funding Stage Amount No. Investors Investors Date
Series A £14.00M 9 Rabobank Food & Agri Innovation Fund, Ananke Ventures 18 Sep 2024
Series A £2.30M 5 The Conduit EIS Impact Fund 17 Aug 2022
Seed Round £1.00M 4 Scottish Investment Bank 08 Jan 2020
Seed Round £500.00K 1 14 Jun 2018
Grant £70.00K - 28 Mar 2018

Latest News of MiAlgae

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