Short description
Producing tomorrow´s sustainable protein and omega-3 rich products utilizing captured CO2, microalgae, and a win-win business model.
Description
ALGIECEL - Securing CO2 neutrality with carbon capture as a service
Microalgae Cultivation – Easily scalable with modular photobioreactors
ALGIECEL is transforming CO2 emissions and LED light into microalgae biomass and Oxygen.
The company has developed a plug & play photobioreactor that can be stacked and packed as it is fitting into standard shipping containers. The reactor is easily installable and requires little technical know-how from small and mid-size industrial clients.
ALGIECEL has designed a novel business model that transforms the cost challenge of CO2 removal into a profitable business opportunity across the entire value chain through revenue sharing from the microalgae biomass and carbon credit sales.
ALGIECEL´s primary target markets for the application of the photobioreactor will be the biogas and fermentation sectors. In these fast-growing industries many sites are too small for large power-to-x projects to reduce CO2 emissions. Here, ALGIECEL aspires to help in solving the CO2 challenge with our modular carbon capture technology and revenue sharing business model.
Last funding
Uh Ohhhh
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Total funding
$$2020202
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Location
Odense, Syddanmark, Denmark, Europe
Founded on
May 17, 2021
Non-profit?
No
Acquired?
No
Employees count
11-50
Investors
Noway Youcantaccess, Absolutely Noaccess, Cannot Access, Noway Youcantaccess
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Founders
Henrik Busch-Larsen