Algiecel

About:

Producing tomorrow´s sustainable protein and omega-3 rich products utilizing captured CO2, microalgae, and a win-win business model.

Website: https://www.algiecel.com/

Top Investors: West Hill Capital, Vaekstfonden, BioInnovation Institute, Innovation Fund Denmark, The Energy Technology Development and Demonstration Programme

Description:

ALGIECEL - Securing CO2 neutrality with carbon capture as a service Microalgae Cultivation – Easily scalable with modular photobioreactors ALGIECEL is transforming CO2 emissions and LED light into microalgae biomass and Oxygen. The company has developed a plug & play photobioreactor that can be stacked and packed as it is fitting into standard shipping containers. The reactor is easily installable and requires little technical know-how from small and mid-size industrial clients. ALGIECEL has designed a novel business model that transforms the cost challenge of CO2 removal into a profitable business opportunity across the entire value chain through revenue sharing from the microalgae biomass and carbon credit sales. ALGIECEL´s primary target markets for the application of the photobioreactor will be the biogas and fermentation sectors. In these fast-growing industries many sites are too small for large power-to-x projects to reduce CO2 emissions. Here, ALGIECEL aspires to help in solving the CO2 challenge with our modular carbon capture technology and revenue sharing business model.