Provectus Algae

Noosaville, Australia Founded: 2018 • Age: 8 yrs
Algae-based bio-products are produced using AI-driven technology.
Annual revenue - Latest available
Total funding $24.8M 6 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Healthcare
    Agriculture
  • Email
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  • Phone
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  • Website
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  • Legal Name Provectus Ip Pty Ltd
Operational Areas
Healthcare → Nutrition, Wellness & Lifestyle Health Unlock Sub-Sector Unlock Segment
Agriculture → Aquaculture & Fisheries Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $24.75 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.5 M (USD), Grant

    Jul 22, 2025

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Seaweed-based supplement to reduce methane in ruminants.

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Pumpable concentrate for large feedlots to minimize emissions.

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Pellet form for dairy farms to enhance digestion.

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Easily mixed into dry feeds for livestock methane reduction.

People of Provectus Algae

Headcount 10-50
Employee Profiles 9
Board Members and Advisors 7
Employee Profiles
People
Nusqe Spanton
Founder & CEO
People
George Gleeson
Senior Mechatronics Engineer
People
Karen Jones
Executive Assistant
People
Preston Toole
CTO

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Board Members and Advisors
people
Tom Himstedt
Non-Executive Director
people
Tim Lu
Non-Executive Director
people
Roslyn Hendriks
Advisor, Biotechnology & Commercialisation
people
Steven Schnittger
Advisor

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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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Investments are made in early-stage tech companies by Acequia Capital.
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Investor details for Provectus Algae

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Investments & Acquisitions by Provectus Algae

Investments
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Investment portfolio details for Provectus Algae

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Financial Statements - Provectus Algae

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Detailed financials for Provectus Algae

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Provectus Algae Comparisons

Provectus Algae Primary company
Description
Algae-based bio-products are produced using AI-driven techno...
Location
Noosaville, Australia
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Provectus Algae

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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.

Company Name Domain Founded year HQ Location Description
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Microalgae cultivation technology is developed and supplied.
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Developing and marketing algal extracts for use in plant, animal and human health products
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Bioactive compounds from algal strain
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Algae are cultivated, harvested, and processed into oils and products.
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Microalgae are processed via fermentors to yield biomass feedstock.
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Microalgae are cultivated commercially for astaxanthin production.
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Detailed competitors of Provectus Algae

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Latest news on Provectus Algae

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Complete news archive for Provectus Algae

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Frequently Asked Questions about Provectus Algae

Provectus Algae was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Provectus Algae is headquartered in Noosaville, Australia. It is registered at Noosaville, Queensland, Australia.

Nusqe Spanton is the current CEO of Provectus Algae. They have also founded this company.

Provectus Algae is a funded company, having raised a total of $24.75M across 6 funding rounds to date.

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.

Provectus Algae's top competitors include Fermentalg, Microphyt and Zivo Bioscience.

Provectus Algae offers Surf’N’Turf, Liquid Concentrate, Pellets, and Crumble.

Provectus Algae has 11 investors. Key investors include Government of Australia, Mort & Co, CJ CheilJedang BIO, Hitachi Ventures, and Possible Ventures.

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