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Swedish Algae Factory logo — Advanced Materials from Algae for Personal care, solar effic...

Swedish Algae Factory

Advanced Materials from Algae for Personal care, solar efficiency enhancement, lithium-ion battery anodes, cont. release

Founded 2014 Sweden Sweden 19 employees Select Total: $116.40M Manufacturing, Waste Solution

General Information

Company Name Swedish Algae Factory
Founded Year 2014
Location Sweden Sweden +1
Employees 19
Industries Manufacturing, Waste Solution
Funding Stage Select
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About Swedish Algae Factory

Swedish Algae Factory is a pioneer in producing advanced materials from algae, positioning itself as a key player in sustainable innovation. Since its founding in 2014, the company has been dedicated to developing Algica®, a porous silica with exceptional properties derived from diatom algae shells. This material has found applications in various industries, including personal care, solar energy, and lithium-ion batteries. The recent kr25.00M convertible note investment from Chalmers Ventures in 06 April 2022 has provided significant momentum for the company. This investment not only signifies confidence from an established investor but also reinforces the potential of Swedish Algae Factory's mission to revolutionize sustainable material production. The company's products, integrated with Algica®, have already made a mark in the market, particularly in the Nordics, US, and Australia. The use of Algica® has demonstrated multi-faceted benefits, from being a certified organic personal care ingredient to enhancing the efficiency of silicon solar panels and dye-sensitized solar cells (DSSC). Moreover, each kilogram of Algica® used in solar panels contributes to substantial CO2 emissions reduction, aligning with global sustainability goals. Furthermore, the production process is circular, utilizing nutrient-rich water from a land-based fish farm and effectively absorbing CO2 and key nutrients. This sustainable approach not only contributes to environmental conservation but also has the potential to create sustainable fish feed. In summary, Swedish Algae Factory's innovative approach, coupled with a recent investment injection, positions the company as a frontrunner in the transition towards a circular and bio-based industry. With its groundbreaking applications in diverse sectors and a strong commitment to environmental stewardship, the company stands poised for further growth and impact within the global sustainability landscape.

Taxonomy: Advanced Materials, Algae Cultivation, Circular Economy, Bio-based Industry, Personal Care Ingredients, Solar Efficiency, Carbon Emissions Reduction, Sustainable Fish Farming, CO2 Absorption, Functional Materials, Green Technology, Environmental Innovation

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Select •••••• 1
Investor
03 Apr 2025
Convertible Note •••••• 1
Investor
06 Apr 2022
Venture Round •••••• 1
Investor
25 Aug 2021
Venture Round •••••• 7
Investor Investor Investor Investor Investor
•••• •••• 		17 Mar 2020
Venture Round •••••• 1
Investor
28 Sep 2018

View All 9 Funding Rounds

Latest News

View All
Swedish Algae Factory raises €3M to scale production of diatom-based materials — Tech
Swedish Algae Factory raises €3M to scale production of diatom-based materials
Tech Apr 03, 2025

Swedish Algae Factory Alternatives & Competitors

Swedish Algae Factory vs
Morgan Advanced Materials
Morgan Advanced Materials United Kingdom

To use advanced materials to make the world more sustainable, and to improve the quality of life.

2326 employees
Industrial, Manufacturing
Swedish Algae Factory vs
Solarge
Solarge The Netherlands

Endless Energy

Series Unknown
49 employees
Manufacturing, Renewable Energy
Swedish Algae Factory vs
Arizona Algae Products, LLC
Arizona Algae Products, LLC United States

Non-animal protein and omega-3 oils from real algae

7 employees
Biotechnology, Health Care

FAQ About Swedish Algae Factory

Advanced Materials from Algae for Personal care, solar efficiency enhancement, lithium-ion battery anodes, cont. release
Swedish Algae Factory was founded in 2014.
Swedish Algae Factory is headquartered in Sweden.
Swedish Algae Factory operates in the following industries: Manufacturing, Waste Solution.
Swedish Algae Factory has approximately 19 employees.
Swedish Algae Factory has completed 9 funding rounds, raising a total of $116.40M. The latest funding stage is Select.
Top alternatives and competitors to Swedish Algae Factory include Morgan Advanced Materials, Solarge, Arizona Algae Products, LLC, iwi life, SunStyle. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Swedish Algae Factory and Morgan Advanced Materials 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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