ALGAENERGY S.A.

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Project details

Project description

AlgaEnergy is a biotech company exclusively focused on microalgae, which consolidates in one vehicle almost 5 decades of research in this field of science. It has spent its first 8 years exclusively doing research, scaling up technologies and developing microalgae-based solutions for different sectors. The company is managed by a team of reputed entrepreneurs and scientists and backed by two minor shareholders of reference that are amongst the Global 100 Most Sustainable Corporations. It is a multi-awarded company, with an innovations network comprised of 150 research partners across the world. The company produces microalgae and extracts valuable compounds thereof to produce agricultural biostimulants. It is the first company in the world focusing on microalgae applied to agriculture.

The problem we are solving

Greater agricultural yields (double-digit), optimized qualitative traits and increased resistance to abiotic stress (drought, extreme temperatures, etc.)

Comments

We are in the process of implementing our international expansion plans and are experiencing very fast growth in different countries, in particular in India, where we will harvest the majority of the revenues in the coming 24 months.

Technology readiness level

Sustainable impact on Blue Economy

Reduces carbon emissions, increasing carbon capture, reducing the negative impact on the biodiversity

Basic information

Country

Spain

Sector

Blue biotechnology

Patents

Brief biography of founders and CEO

Augusto Rodriguez-Villa: Bachelor in Law. As an entrepreneur, he has nationally and internationally represented the interests of first-class organizations (PHILIPS, MARCONI, CASA, BAZAN, etc.). He was the Founder and President of the most important security group in Spain in the 80s. He also has introduced in Spain the automotive brands MAZDA and KIA, as well as CHEVROLET and CADILLAC (General Motors Group), of whose National Distribution Companies he has been President and main shareholder. His group became the largest car importer in Spain. Through his initiatives, he has created 3,500 jobs. He was elected CEO of the year in 1988 by the Chamber of Commerce Industry. Two of the companies he founded and developed with limited resources entered the ranking of the Top 150 largest companies in Spain by revenues.

Financial data

Finance needs

11000000.00

Planned Funding Uses

Sales and Marketing,Operations,To hire more resources,New Premises

Company profile

ALGAENERGY S.A.

Company type:

Small and Medium Enterprises (SMEs)

Company description:

Year of establishment

2007

Employees

Maritime Forum Themes

ALGAENERGY S.A.

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ALGAENERGY S.A.