About Algalo
Algalo is a company based in Acre (Israel) founded in 2011 was acquired by Frutarom in January 2016.. Algalo operates in a competitive market with competitors including Microphyt, Zivo Bioscience, Simris Alg, Fermentalg and Algatech, among others.
- Headquarter Acre, Israel
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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Funding Insights of Algalo
| 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 Algalo
Algalo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Frutarom. 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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Traditional company manufacturing flavor and fine ingredients
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Algalo
| 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 - Algalo
| 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 |
Algalo Comparisons
Competitors of Algalo
Algalo 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, Zivo Bioscience, Simris Alg, Fermentalg and Algatech, 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 |
Microalgae cultivation technology is developed and supplied.
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| domain | founded_year | HQ Location |
Bioactive compounds from algal strain
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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 |
Microalgae are processed via fermentors to yield biomass feedstock.
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| domain | founded_year | HQ Location |
Microalgae are cultivated commercially for astaxanthin production.
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| domain | founded_year | HQ Location |
Seaweed-based biological solutions for agriculture and beyond are developed.
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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 Algalo
When was Algalo founded?
Algalo was founded in 2011.
Where is Algalo located?
Algalo is headquartered in Acre, Israel. It is registered at Acre, Northern District, Israel.
What does Algalo do?
Algalo Industries was founded in 2011 in Acre, Israel, and operates in the microalgae sector. Cultivation occurs through a patented flat-panel bioreactor system, which supports various microalgae strains and minimizes contamination risks. The harvested algae are processed into paste, dry powder, and extracts of lipids, proteins, pigments, and carbohydrates. These products are supplied to industries including biofuels, nutraceuticals, animal feeds, agriculture, and cosmetics.
Who are the top competitors of Algalo?
Algalo's top competitors include Fermentalg, Microphyt and Zivo Bioscience.
Who are Algalo's investors?
Algalo has 1 investor. Key investors include Frutarom.