About Algaia
Algaia is a company based in Brest (France) founded in 2010 was acquired by JRS in March 2023.. Algaia has raised $7.09 million across 7 funding rounds from investors including European Union, unknown and Maabarot Products Group. Algaia has completed 1 acquisition, including Alganact. Algaia offers products and services including Agri-ingrédients, Matières premières cosmétiques, Ingrédients alimentaires, and Extraits d’algues. Algaia operates in a competitive market with competitors including Microphyt, Fermentalg, Simris Alg, TerraVia and Zivo Bioscience, among others.
- Headquarter Brest, France
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Sectors
Chemicals & MaterialsAgriculture
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.09 M (USD)
in 7 rounds
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Latest Funding Round
$760.59 K (USD), Grant
Jul 01, 2022
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Investors
European Union
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
JRS
(Mar 22, 2023)
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Products & Services of Algaia
Algaia offers a comprehensive portfolio of products and services, including Agri-ingrédients, Matières premières cosmétiques, Ingrédients alimentaires, and Extraits d’algues. 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-based products for agricultural applications
Algae extracts for cosmetic formulations
Sustainable algae ingredients for food products
Algae extracts for health and materials
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Funding Insights of Algaia
Algaia has successfully raised a total of $7.09M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $760.59 thousand completed in July 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 7
- Last Round Grant — $760,594
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First Round
First Round
(01 Jan 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Grant - Algaia | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - Algaia | Valuation |
investors |
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| May, 2020 | Amount | Series A - Algaia | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Algaia
Algaia has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include European Union, unknown and Maabarot Products Group. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Maabarot Products Group is engaged in health and pet products.
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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 Algaia
Algaia has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alganact. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Seaweed-derived extracts are developed for multiple industries.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Algaia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Algaia Comparisons
Competitors of Algaia
Algaia 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 Microphyt, Fermentalg, Simris Alg, TerraVia and Zivo Bioscience, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Microalgae cultivation technology is developed and supplied.
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| domain | founded_year | HQ Location |
Microalgae are processed via fermentors to yield biomass feedstock.
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| domain | founded_year | HQ Location |
Algae are cultivated, harvested, and processed into oils and products.
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| domain | founded_year | HQ Location |
Algae-based specialty ingredients are manufactured and supplied for food applications.
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| domain | founded_year | HQ Location |
Bioactive compounds from algal strain
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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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Latest news on Algaia
Frequently Asked Questions about Algaia
When was Algaia founded?
Algaia was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Algaia located?
Algaia is headquartered in Brest, France. It is registered at Brest, Bretagne, France.
Is Algaia a funded company?
Algaia is a funded company, having raised a total of $7.09M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2.38M, raised on Jan 01, 2017.
What does Algaia do?
Algaia was founded in 2010 and is based in Brest, France. Operations focus on the biotechnology sector, where enzymatic extraction, hydrolysis, and biomass valorization technologies are employed to create products from seaweed. Biostimulants and fertilizers are supplied to farmers for crop enhancement. Additional offerings include ingredients for personal care applications and pharmaceutical uses.
Who are the top competitors of Algaia?
Algaia's top competitors include Fermentalg, Microphyt and Provectus Algae.
What products or services does Algaia offer?
Algaia offers Agri-ingrédients, Matières premières cosmétiques, Ingrédients alimentaires, and Extraits d’algues.
How many acquisitions has Algaia made?
Algaia has made 1 acquisition, including Alganact.
Who are Algaia's investors?
Algaia has 4 investors. Key investors include European Union, unknown, Maabarot Products Group, and JRS.