Algatechnologies

A biotechnology company specializing in the commercial cultivation of microalgae for natural astaxanthin and fucoxanthin production.

Agriculture & Food Technologies
Acquired by Solabia Group
Acquired Ketura, Israel Founded 1998
Last updated 2026-07-20
Total raised
$50.0M
Stage
Acquired
Founded
1998
Headcount
30
HQ
Ketura, Israel
Sector
Agriculture & Food Technologies

About

Algatechnologies is a biotechnology company based in Kibbutz Ketura, Israel, specializing in the research, cultivation, and commercialization of microalgae. They produce natural astaxanthin (AstaPure®) and fucoxanthin (FucoVital™) for the nutrition, food and beverage, and cosmetics industries. The company utilizes proprietary closed and semi-closed cultivation systems in the Arava desert, leveraging the stable climate and high light intensity for optimal algae growth. Algatechnologies focuses on eco-friendly technologies and sustainable practices to produce high-quality, pure ingredients.

Funding history · 2 rounds · $50.0M total

2017-07
Grant Undisclosed
European Union
2013-02
Undisclosed Round Undisclosed
★ GrovepointJCA Charitable Foundation (Baron Hirsch Fund)

Headcount over time

From 38 (2019-01) to 29 (2026-07) · -9 (-24%) · 44 points · source: Finder history + radar grounding
420 2019-01 2026-07

Q&A

When was Algatechnologies acquired and by whom?
Algatechnologies was acquired by Solabia in May 2019.
What is Algatechnologies' primary business?
Algatechnologies specializes in the commercial cultivation of micro-algae, combining marine biology, production technologies, and international marketing to deliver micro-algae-based products.
What are the main products offered by Algatechnologies?
Algatechnologies produces AstaPure, a natural astaxanthin from Haematococcus pluvialis micro-algae, and FucoVital, a proprietary composition for liver health derived from Phaeodactylum tricornutum micro-algae.
In which industries are Algatechnologies' products marketed?
AstaPure is marketed in over 35 countries to the nutrition, food and beverage, and cosmetics industries.
How many employees does Algatechnologies have?
Algatechnologies has 11-50 employees.
Where is Algatechnologies headquartered?
Algatechnologies is headquartered in Ketura, Israel.
Did Algatechnologies make any acquisitions?
Yes, Algatechnologies acquired Supreme Health in April 2018.
Who is the CEO of Algatechnologies?
Udi Cottan is the CEO of Algatechnologies.

Sectors & technology

Primary sector
Agriculture & Food Technologies
Sub-sectors
Agriculture & Food TechnologiesAg TechFarm Equipment & TreatmentClimate TechFood & Land UseSustainable ProteinsClean Industry Tech Sustainable Materials & Circularity
Technologies
BiologicalsMicroorganisms
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticalsBiotechnologyAgriculture & FoodMarine LifeAquatic Plants
Business model
B2CB2B2CB2B

Tags

materialscardiologysustainable-proteinsimmunologyfertilitybiotechnologyfoodtechfood-ingredientsaquaculturefood-and-beveragesupplementsalgaenutritionclimate-techagtechgrowing-systemsskin-carelife-sciences
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitealgatech.com
LinkedInlinkedin.com/company/2447089
Facebookfacebook.com/Algatech-1396097397309941
YouTubeyoutube.com/channel/UCtZcXThsS2BbJewUP8-0bbA

Identifiers & details

Legal nameAlgatechnologies Ltd.
Founded1998-11
Employees (exact)30
OfficesHarrison
Status reasonAcquired by Grovepoint Capital on Feb, 2013

Acquisitions & public offerings

Acquired by Solabia Group 2019-05 $80.0M

AcquiredDateAmount
Supreme Health2018-04

Radar intelligence

Patents

EPO4

Publications (Crossref)

Works1

Web history (Wayback)

Domainalgatech.com

Certificate / subdomain footprint

Subdomains11

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)512700147
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated1998-11-18
Purposeלעסוק בסוגי עיסוק שפורטו בתקנון
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2026
Active charges / liens0
Registry events4 — people (1), annual_report (3)
Registered address0 קטורה

Recent registry events

DateEvent
2026-05-03עדכון בעלי תפקידים
2026-05-03דו~ח שנתי-הוספת בעל תפקיד
2026-05-03דו~ח שנתי-שינוי בהוראות בתקנון
2026-05-03דו~ח שנתי-הסרת דירקטור