About Algalo
Algalo is an Agriculture company based in Acre (Israel) founded in 2011, and was acquired by Frutarom in January 2016. Microalgae are cultivated and processed for industrial ingredients in Israel. Its focus areas include Food and Agriculture Tech, Aquaculture Tech, Aquatic Plants and Algae.
Company details
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.
- Headquarters Acre, Israel
- Stage Acquired
- SectorsAgriculture
- Email••••••••
- Website algalo.com
- Social LinkedIn
- Acquired by Frutarom (Jan 2016)
Investors in Algalo
Algalo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Frutarom.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Traditional company manufacturing flavor and fine ingredients | 1933 | frutarom.com | Haifa, Israel |
Investor details for Algalo
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Timeline of Algalo
2 dated milestones of Algalo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Algalo is founded.
- Exit Acquired by Frutarom.
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Frequently Asked Questions about Algalo
Algalo was founded in 2011.
Algalo is headquartered in Acre, Israel. It is registered at Acre, Northern District, Israel.
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.
Algalo has 1 investor. Key investors include Frutarom.
Yes. Algalo was acquired by Frutarom in January 2016.