What is MiAlgae?
Founded in 2016, MiAlgae operates at the intersection of biotechnology and sustainable agriculture. The company specializes in the production of microalgae rich in polyunsaturated fatty acids (PUFAs), providing a scalable and environmentally conscious replacement for traditional fishmeal. By utilizing a circular economy model, MiAlgae addresses the critical supply chain vulnerabilities within the global feed industry, offering a high-performance nutritional solution that reduces reliance on marine-derived ingredients. Their market position is defined by a commitment to industrial-scale innovation and a clear focus on mitigating the ecological footprint of the aquaculture and livestock sectors.
How much funding has MiAlgae raised?
MiAlgae has raised a total of $22.1M across 3 funding rounds:
Unspecified
$1.3M
Other Financing Round
$2.3M
Other Financing Round
$18.5M
Unspecified (2020): $1.3M with participation from Scottish Investment Bank, Equity Gap, Old College Capital, and Hillhouse Group
Other Financing Round (2022): $2.3M led by Equity Gap, Ascension, and SIS Ventures
Other Financing Round (2024): $18.5M supported by Rabo Frontier Ventures, SWEN Blue Ocean, Clay Capital, and Equity Gap
Key Investors in MiAlgae
Rabo Frontier Ventures
A specialized investment fund of Rabobank focusing on global innovation within the Fintech and Agtech sectors, targeting early growth-stage companies that disrupt traditional agricultural business models.
Clay Capital
An India-based firm operating within the Research and Development sector, providing strategic support and capital to high-potential ventures.
Equity Gap
A Scottish angel investment syndicate focused on high-growth, early-stage businesses across industrial and life science sectors, providing both capital and operational guidance.
What's next for MiAlgae?
With the successful closure of this major strategic investment, MiAlgae is poised to transition into a phase of rapid industrial scaling and market expansion. The capital will likely be deployed to enhance production capacity, optimize manufacturing efficiencies, and broaden the commercial reach of its PUFA-rich feed products. As the global demand for sustainable protein sources intensifies, MiAlgae is well-positioned to capitalize on the shift toward circular bio-manufacturing. Future strategic initiatives will likely focus on deepening partnerships with global feed manufacturers and further validating the efficacy of their microalgae-based solutions across diverse animal nutrition applications, ensuring long-term enterprise value and market leadership.
See full MiAlgae company page
