About Lgem
Lgem is a company based in De Kwakel (Netherlands) founded in 2017.. Lgem offers products and services including Photobioreactors, AlgaeHUB Services, and Lab Services. Lgem operates in a competitive market with competitors including Forever Oceans, Nofitech, Catalina Sea Ranch, FishGLOBE and Snrassystems, among others.
- Headquarter De Kwakel, Netherlands
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Sectors
Agriculture
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Annual Revenue
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Products & Services of Lgem
Lgem offers a comprehensive portfolio of products and services, including Photobioreactors, AlgaeHUB Services, and Lab Services. 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.
Automated systems for cultivating algae at various scales.
Facilities for testing and optimizing algae production processes.
Assistance in validating algae research and business cases.
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Funding Insights of Lgem
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Seed - Lgem | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Lgem
Lgem has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Navus Ventures. 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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High-tech startups are funded across early and growth stages.
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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 Lgem
| 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 - Lgem
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Lgem Comparisons
Competitors of Lgem
Lgem 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 Forever Oceans, Nofitech, Catalina Sea Ranch, FishGLOBE and Snrassystems, 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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Aquaculture is offered via patented offshore farming technology.
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Developer of RAS solution for seawater and freshwater
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Offshore shellfish ranching is managed with integrated IoT sensors.
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Closed farming technology is developed for aquaculture sustainability.
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Recirculatory aquaculture systems are manufactured for efficient seafood production.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lgem
Frequently Asked Questions about Lgem
When was Lgem founded?
Lgem was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is Lgem located?
Lgem is headquartered in De Kwakel, Netherlands. It is registered at De Kwakel, North Holland, Netherlands.
Who is the current CEO of Lgem?
Bas Swildens is the current CEO of Lgem.
What does Lgem do?
Lgem was founded in 2017 in De Kwakel, Netherlands, where controlled indoor industrial systems for algae farming are developed and supplied. Proprietary technologies such as Bubblebrush and Wavywind are incorporated to support biomass production. Photobioreactors are integrated into automated production facilities that include upstream and downstream operations, serving the biotechnology and agriculture sectors focused on sustainable algae cultivation.
Who are the top competitors of Lgem?
Lgem's top competitors include FishGLOBE, Forever Oceans and Nofitech.
What products or services does Lgem offer?
Lgem offers Photobioreactors, AlgaeHUB Services, and Lab Services.
Who are Lgem's investors?
Lgem has 1 investor. Key investors include Navus Ventures.