Algalo Industries

Microalgae Growing Technology

Agriculture & Food Technologies
Non Active, Aug 2017
Mature Ein HaMifratz, Israel Founded 2011
LinkedIn
Last updated 2026-06-18
Total raised
$2.6M
Last: 2016-01
Stage
Mature
Founded
2011
Headcount
1-10
HQ
Ein HaMifratz, Israel
Sector
Agriculture & Food Technologies

About

Algalo Industries has developed an innovative process for growing algae that reduces production costs while achieving faster growth rates. The company has successfully grown nannochloropsis sp., isochrysis sp., porphyridium sp., spirulina sp., and chlorella sp., and is now focusing on cultivating haematococcus pluvialis for its astaxanthin content. Astaxanthin pigment is the most potent antioxidant known in nature, and has been scientifically proven to be more effective than any other carotenoid. Algalos patented Flat Panel Bioreactors (PBR) are microalgae growing facilities that address the setbacks of conventional growth methods. The PBRs offer low setup costs and scalable setup; low maintenance and operating costs; a wider range of microalgae; and efficient production of haematococcus pluvialis, resulting in a higher concentration of astaxanthin. Frutarom holds 50% of the shares in Algalo Industries and has the exclusive worldwide marketing rights for Algalo products.

Funding history · 1 round · $2.6M total

2016-01
$2.6M
Frutarom

Q&A

What is Algalo Industries' primary focus?
Algalo Industries focuses on developing innovative processes for growing microalgae, specifically cultivating haematococcus pluvialis for its astaxanthin content, which is a potent antioxidant.
What technology does Algalo Industries utilize for microalgae cultivation?
Algalo Industries uses patented Flat Panel Bioreactors (PBRs) for microalgae growing, which are designed to offer low setup and operating costs, scalability, and efficient production of various microalgae, including haematococcus pluvialis.
When was Algalo Industries founded?
Algalo Industries was founded in January 2011.
What is the current status of Algalo Industries?
Algalo Industries is currently inactive, as of August 2017.
How many employees does Algalo Industries have?
Algalo Industries has 1-10 employees.
What is Algalo Industries' total funding raised to date?
Algalo Industries has raised a total of $2,600,000 USD.
Which investor participated in Algalo Industries' funding round in January 2016?
Frutarom participated in Algalo Industries' funding round in January 2016.
What is Frutarom's involvement with Algalo Industries?
Frutarom holds 50% of the shares in Algalo Industries and has exclusive worldwide marketing rights for Algalo products.
In which country is Algalo Industries headquartered?
Algalo Industries is headquartered in Ein HaMifratz, Israel.

Sectors & technology

Primary sector
Agriculture & Food Technologies
Sub-sectors
Agriculture & Food TechnologiesAg TechFarm Equipment & Treatment
Technologies
Biologicals
Target customers
Agriculture & FoodMarine LifeAquatic Plants
Business model
B2B

Highlights

1 PatentsVerified

Tags

nutritionanimal-feedingcosmeticsalgaebiotechnologyaquaculturesupplementsagtechgrowing-systems
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