Swedish Algae Factory (private company)

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Offices:
Gothenburg
Business model:
B2B
Investors:
we tracked 9 investors
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Total investments received (USD) - we tracked 3 transactions

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Swedish Algae Factory was founded in 2014 around unique traits of certain diatom species; their ability to grow well in low temperature and low light conditions.

Around the natural traits of the algae we have developed a new kind of algae cultivation and wastewater treatment system. The cultivation system is surface and energy efficient and facilitate less energy intensive harvesting of algae.

After harvesting, the silica frustule of the algae is removed for use as e.g. a solar cell efficiency enhancing nanomaterial. Tests have shown that the material can be utilized to enhance the efficiency of solar panels with over 4 %. The organic algae biomass could be utilized in several applications. Since the algae is grown on wastewater nutrients are trapped and recycled in the organic biomass making it useful as a feed ingredient or for the production of energy and materials in combination with organic fertilizer production.

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