Tags:CareChemicalEnergyTechGreenTechIndustryMaterialsOrganicPersonalProductProduction
We produce uniquely functional materials that are good for the planet. Our mission is to be the world-leading producer of advanced materials from algae and a driving force towards a circular and bio-based industry. We are the first company in the world to cultivate and sell diatom algae shells. We call the material Algica®. Algica® is a porous silica with unique light altering, absorptive and binding properties that are unmatched by synthetic materials. Algica® is today used as a top-performing and certified organic personal care ingredient. Products with Algica® has today been launched in the Nordics, US and Australia. Read more about the use of Algica in personal care applications at www.algica.com Algica® can also make silicon solar panels at least 4% more efficient and DSSC 38% more efficient. Each kg Algica® used in solar panels reduces C02 emissions with at leasts 200 tons according to WWF. The production is circular and we aim to make it as environmentally friendly as possible. The algae clean nutrient rich water from a land-based fish farm, and absorb CO2 and key nutrients that can be made into sustainable fish feed.
Likes
136
Location: Sweden, Gothenburg
Member count: 11-50
Total raised: $5.327582M
Founded date: 2016

Investors 5

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
19.03.2020-$5.327582M-walerud.co...

Mentions in press and media 5

DateTitleDescriptionCategoryAuthorSource
15.11.2020 Events A...You can find us and our startu...--walerud.co...
31.03.2020Swedish st...The proliferation of algae isn...--agfunderne...
19.03.2020 Swedish ...We are very proud to have been...--walerud.co...
28.11.2019 Swedish ...Today we launch Make my day “w...--walerud.co...
02.02.2019 Swedish ...See blog post on our website h...--walerud.co...