Under a 10-year purchasing agreement, Brevel will supply CBC with its algae-derived ingredients, grown in a high-yielding process combining LED lighting and sugar-based (‘dark’) fermentation.
The firm will use the funds to develop an industrial-scale facility and expand its team, says founder and CEO Douglas Martin.
“If you even mention the word algae, some investors start running for the exits, so we have to prove we’ve cracked it and that we can own it,” says founder and CEO Nick Hazell.
Israeli startup Brevel has opened a facility with the capacity to produce hundreds of tons of neutral-tasting, highly-functional algae protein it claims will ultimately be able to compete with pea and soy protein.
The first products featuring Brevel’s neutral-tasting algae protein are expected to hit the market in 2024.
Between 2005-2012, venture capitalists poured millions into startups attempting to make fuel from microalgae, getting their fingers badly burned in the process. But could algae be gearing up for a second bloom?
The New Zealand startup just closed its pre-seed round.
Purissima intends to fundamentally change the production and consumption of bioactive ingredients that can help us to live longer, healthier lives.
The cattle ranches of Texas have long provided protein for the US populace. Qualitas wants to continue that tradition – but it’s raising algae instead.
New research from biotech startup BYAS suggests that a microalgae extract could improve the commercial viability of indoor & vertical farms.
The Australian startup uses lighting, robotics, and AI to ‘program’ algae strains so they can more efficiently produce specialty ingredients for the food and ag sectors.
Hundreds of thousands of species of micro-algae float through the world’s waterways. Just a fraction have been categorised or studied. It leaves an imaginarium of
