About AlgaeCytes
AlgaeCytes is a company based in United Kingdom founded in 2010. AlgaeCytes has raised $5.73 million across 2 funding rounds from investors including IBG Beteiligungsgesellschaft Sachsen-Anhalt, BMWK and Germany Trade & Invest. The company has 12 employees as of December 31, 2021. AlgaeCytes offers products and services including Omega-3 EPA and Agricultural Biostimulant. AlgaeCytes operates in a competitive market with competitors including Polaris, Solutex, Oceans Omega, Algisys and Zinzino, among others.
- Headquarter Kent, United Kingdom
- Employees 12 as on 31 Dec, 2021
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Algaecytes Limited
- Date of Incorporation 25 May, 2010
- Jurisdiction CANTERBURY, KENT
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.73 M (USD)
in 2 rounds
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Latest Funding Round
$12.6 M (USD), Grant
Jan 14, 2022
- Investors
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Employee Count
12
as on Dec 31, 2021
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Products & Services of AlgaeCytes
AlgaeCytes offers a comprehensive portfolio of products and services, including Omega-3 EPA and Agricultural Biostimulant.
Algae-derived Omega-3 for dietary supplements and health products
Enhances crop growth using sustainable algae-based compounds
People of AlgaeCytes
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Funding Insights of AlgaeCytes
AlgaeCytes has successfully raised a total of $5.73M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $12.6 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AlgaeCytes
AlgaeCytes has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include IBG Beteiligungsgesellschaft Sachsen-Anhalt, BMWK and Germany Trade & Invest.
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Germany Trade & Invest is focused on promoting international business expansion in Germany.
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Investor details for AlgaeCytes
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Investments & Acquisitions by AlgaeCytes
Investment portfolio details for AlgaeCytes
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Financial Statements - AlgaeCytes
Detailed financials for AlgaeCytes
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Algaecytes Comparisons
Peer comparison for AlgaeCytes
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Competitors of AlgaeCytes
AlgaeCytes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Polaris, Solutex, Oceans Omega, Algisys and Zinzino, among others.
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Nutritional functional foods and Omega-3 ingredients are developed.
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Solutex is recognized as a leading manufacturer of omega-3 ingredients.
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Omega-3 concentrates are developed and marketed for functional foods.
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Algal-based EPA omega-3 oils and vegan protein are produced.
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Personalized supplements are manufactured based on omega-6/omega-3 ratio tests.
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Detailed competitors of AlgaeCytes
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Latest news on Algaecytes
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Frequently Asked Questions about AlgaeCytes
AlgaeCytes was founded in 2010 and raised its 1st funding round 12 years after it was founded.
AlgaeCytes is headquartered in United Kingdom. It is registered at Kent, United Kingdom.
Naz Bashir is the current CEO of AlgaeCytes.
AlgaeCytes is a funded company, having raised a total of $5.73M across 2 funding rounds to date.
As of Dec 31, 2021, the latest employee count at AlgaeCytes is 12.
AlgaeCytes was founded in 2010 and is based in Kent, United Kingdom. Operations center on the production of omega 3 oils and bio-actives derived from freshwater algae. These products are supplied to the healthcare, personal care, and nutraceuticals sectors. The focus remains on sustainable sourcing and processing for industrial applications in these markets.
AlgaeCytes's top competitors include Zinzino, Algisys and Oceans Omega.
AlgaeCytes offers Omega-3 EPA and Agricultural Biostimulant.
AlgaeCytes has 3 investors. Key investors include IBG Beteiligungsgesellschaft Sachsen-Anhalt, BMWK, and Germany Trade & Invest.