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
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Net Profit
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EBITDA
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Algae-derived Omega-3 for dietary supplements and health products
Enhances crop growth using sustainable algae-based compounds
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $12.6M
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First Round
First Round
(14 Jan 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Series A - AlgaeCytes | Valuation |
investors |
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| Jan, 2022 | Amount | Grant - AlgaeCytes | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Germany Trade & Invest is focused on promoting international business expansion in Germany.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AlgaeCytes
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AlgaeCytes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algaecytes Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Nutritional functional foods and Omega-3 ingredients are developed.
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| domain | founded_year | HQ Location |
Solutex is recognized as a leading manufacturer of omega-3 ingredients.
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| domain | founded_year | HQ Location |
Omega-3 concentrates are developed and marketed for functional foods.
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| domain | founded_year | HQ Location |
Algal-based EPA omega-3 oils and vegan protein are produced.
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| domain | founded_year | HQ Location |
Personalized supplements are manufactured based on omega-6/omega-3 ratio tests.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AlgaeCytes
When was AlgaeCytes founded?
AlgaeCytes was founded in 2010 and raised its 1st funding round 12 years after it was founded.
Where is AlgaeCytes located?
AlgaeCytes is headquartered in United Kingdom. It is registered at Kent, United Kingdom.
Who is the current CEO of AlgaeCytes?
Naz Bashir is the current CEO of AlgaeCytes.
Is AlgaeCytes a funded company?
AlgaeCytes is a funded company, having raised a total of $5.73M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.73M, raised on Jan 14, 2022.
How many employees does AlgaeCytes have?
As of Dec 31, 2021, the latest employee count at AlgaeCytes is 12.
What does AlgaeCytes do?
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.
Who are the top competitors of AlgaeCytes?
AlgaeCytes's top competitors include Zinzino, Algisys and Oceans Omega.
What products or services does AlgaeCytes offer?
AlgaeCytes offers Omega-3 EPA and Agricultural Biostimulant.
Who are AlgaeCytes's investors?
AlgaeCytes has 3 investors. Key investors include IBG Beteiligungsgesellschaft Sachsen-Anhalt, BMWK, and Germany Trade & Invest.