About Provectus Algae
Provectus Algae is a company based in Noosaville (Australia) founded in 2018 by Nusqe Spanton.. Provectus Algae has raised $24.75 million across 6 funding rounds from investors including Government of Australia, Mort & Co and CJ CheilJedang BIO. Provectus Algae offers products and services including Surf’N’Turf, Liquid Concentrate, Pellets, and Crumble. Provectus Algae operates in a competitive market with competitors including Microphyt, Olmix, Zivo Bioscience, Simris Alg and Fermentalg, among others.
- Headquarter Noosaville, Australia
- Founders Nusqe Spanton
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Sectors
HealthcareAgriculture
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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 Provectus Ip Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.75 M (USD)
in 6 rounds
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Latest Funding Round
$2.5 M (USD), Grant
Jul 22, 2025
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Investors
Government of Australia
& 10 more
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Employee Count
Employee Count
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Products & Services of Provectus Algae
Provectus Algae offers a comprehensive portfolio of products and services, including Surf’N’Turf, Liquid Concentrate, Pellets, and Crumble. 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.
Seaweed-based supplement to reduce methane in ruminants.
Pumpable concentrate for large feedlots to minimize emissions.
Pellet form for dairy farms to enhance digestion.
Easily mixed into dry feeds for livestock methane reduction.
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Funding Insights of Provectus Algae
Provectus Algae has successfully raised a total of $24.75M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $2.5 million completed in July 2025. 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 6
- Last Round Grant — $2.5M
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First Round
First Round
(20 Oct 2020)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Provectus Algae | Valuation | At One Ventures | |
| Jul, 2025 | Amount | Grant - Provectus Algae | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Provectus Algae | Valuation | CJ CheilJedang BIO |
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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 Provectus Algae
Provectus Algae has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Government of Australia, Mort & Co and CJ CheilJedang BIO. 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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Venture capital funding is provided for technology and healthcare companies.
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Early-stage investments across multiple sectors are conducted by this firm.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech companies by Acequia Capital.
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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 Provectus Algae
| 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 - Provectus Algae
| 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 |
Provectus Algae Comparisons
Competitors of Provectus Algae
Provectus Algae 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, Olmix, Zivo Bioscience, Simris Alg and Fermentalg, 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 |
Developing and marketing algal extracts for use in plant, animal and human health products
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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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| 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 Provectus Algae
Frequently Asked Questions about Provectus Algae
When was Provectus Algae founded?
Provectus Algae was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Provectus Algae located?
Provectus Algae is headquartered in Noosaville, Australia. It is registered at Noosaville, Queensland, Australia.
Who is the current CEO of Provectus Algae?
Nusqe Spanton is the current CEO of Provectus Algae. They have also founded this company.
Is Provectus Algae a funded company?
Provectus Algae is a funded company, having raised a total of $24.75M across 6 funding rounds to date.
What does Provectus Algae do?
Provectus Algae was founded in 2018 and is based in Noosaville, Australia. Operations focus on the biotechnology sector, where diversified bio-products derived from algae are manufactured. A proprietary platform incorporating artificial intelligence, advanced automation, machine learning, and synthetic biology is utilized for producing nutraceuticals, pharmaceuticals, food supplements, and natural pigments.
Who are the top competitors of Provectus Algae?
Provectus Algae's top competitors include Fermentalg, Microphyt and Zivo Bioscience.
What products or services does Provectus Algae offer?
Provectus Algae offers Surf’N’Turf, Liquid Concentrate, Pellets, and Crumble.
Who are Provectus Algae's investors?
Provectus Algae has 11 investors. Key investors include Government of Australia, Mort & Co, CJ CheilJedang BIO, Hitachi Ventures, and Possible Ventures.