Algo Paint

Algo Paint

Algo : la première peinture bio-sourcée à base d'algues fabriquée en Bretagne ! 🇫🇷

Founded 2015 France

France 7 employees Seed Total: $1.23M

Algo Paint is a French startup that has been making waves with its innovative approach to paint manufacturing. The company's slogan, "Algo: la première peinture bio-sourcée à base d'algues fabriquée en Bretagne," reflects its core mission. Algo Paint is revolutionizing the paint market by offering a real alternative to petroleum-based products, instead utilizing plants, particularly algae, as the primary sources for its paints. This approach allows for local and regional sourcing of raw materials, contributing to the development of a short supply chain. In stark contrast to conventional paints, Algo Paint is composed of 98% bio-sourced resources, compared to the 65 to 75% of petroleum-derived elements found in traditional paints. Moreover, the company's product line adheres to the most stringent environmental standards, boasting an air quality that is ten times better than the strictest indoor air quality norms. Furthermore, Algo Paint contains less than one gram of VOC (volatile organic compounds) per liter, ensuring an odorless application and preserving air quality. Founded in 2015 and headquartered in France, Algo Paint secured a significant €800.00K Seed Round investment on 27 October 2017, with backing from Breizh Up and Crédit Mutuel Arkéa. This recent investment underscores the confidence of these investors in Algo Paint's eco-friendly and innovative approach to the paint industry. For more information, visit their website at http://www.peinture-algo.fr/ and connect with them on social media platforms such as Facebook (https://www.facebook.com/peinture.algo/), Twitter (https://twitter.com/AlgoPeinture), and Pinterest (https://www.pinterest.fr/algopeinture/).

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	€800.00K	2	Breizh Up, Crédit Mutuel Arkéa	27 Oct 2017
Equity Crowdfunding	€425.00K	2	WiSEED, Cédric Delorme	01 Mar 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

€800.00K

Breizh Up, Crédit Mutuel Arkéa

27 Oct 2017

Equity Crowdfunding

€425.00K

WiSEED, Cédric Delorme

01 Mar 2016

FAQ About Algo Paint

Algo : la première peinture bio-sourcée à base d'algues fabriquée en Bretagne ! 🇫🇷

Algo Paint was founded in 2015.

Algo Paint is headquartered in France.

Algo Paint has approximately 7 employees.

Algo Paint has completed 2 funding rounds, raising a total of $1.23M. The latest funding stage is Seed.

Top alternatives and competitors to Algo Paint include noriware, SpeedComfort, Sriram Cocopeat Products, KiwiFibre, Sheets & Giggles. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Algo Paint and noriware are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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