# Algiecel funding: rounds and investors

> Algiecel has raised $7.3M across 1 round since 2024. Investors include The Danish Growth Fund, BioInnovation Institute and Innovation Fund Denmark.

Source: https://millionrounds.com/company/algiecel (Millionrounds; every figure on the page links to its filing or article)

Denmark · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Algiecel*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Foodtech

Funding summary Updated 26 Oct 2026

**$7.3M** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture, $7.3M Oct 2024
- **Investors:** 3

See who backed them

## The rounds

- **Oct 2024** Venture **$7.3M** [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) [BioInnovation Institute](https://millionrounds.com/fund/bioinnovation-institute) [Innovation Fund Denmark](https://millionrounds.com/fund/innovation-fund-denmark) Source recorded

## Founders and team

From Algiecel's own website: 1 founder, 8 on the team.

**Henrik Busch-Larsen** Vice Chairperson / Founder

- **Susanne Palsten Buchardt** CEO
- **Jascha Jäger** Head of Finance & Business Development
- **Jesper Dohrup** Head of Technology
- **Rikke Dybvad** Head of Legal & HR
- **Jeppe Høier** Board Member
- **Martin Lavesen** Board Member
- **Merete Lundbye Møller** Board Member
- **Tove Feld** Chairperson of the Board

## Everyone who backed them

[The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) VC firm **1** round

[BioInnovation Institute](https://millionrounds.com/fund/bioinnovation-institute) VC firm **1** round

[Innovation Fund Denmark](https://millionrounds.com/fund/innovation-fund-denmark) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=algiecel).

## Quick answers about Algiecel

### Who invested in Algiecel?

Algiecel's investors include The Danish Growth Fund, BioInnovation Institute and Innovation Fund Denmark.

### How much has Algiecel raised?

Algiecel has raised $7.3M across 1 round since 2024.

### When did Algiecel last raise?

Algiecel's most recent round was a Venture of $7.3M in Oct 2024.

### What was Algiecel's biggest round?

Its most recent round, $7.3M in Oct 2024, is also its largest on record.

### Who backed Algiecel first?

Algiecel's first round on record, in Oct 2024, was backed by The Danish Growth Fund, BioInnovation Institute and Innovation Fund Denmark.

### What stage is Algiecel at?

Algiecel's latest named round is a Venture, in Oct 2024.

### Where is Algiecel based?

Algiecel is based in Denmark.

## Companies like Algiecel

In the same sector, and raised in the last eighteen months.

[**Tempty Foods** $483K · May 2026](https://millionrounds.com/company/tempty-foods)[**ASTRA FOOD PLAN** $5.9M · Oct 2026](https://millionrounds.com/company/astra-food-plan)[**Edonia** $18M · Oct 2026](https://millionrounds.com/company/edonia)[**FOOD FOUNDERS Studio** $4.5M · Sept 2026](https://millionrounds.com/company/food-founders-studio)[**MicroLub** $15M · Sept 2026](https://millionrounds.com/company/microlub)[**Qkine** $9.9M · Sept 2026](https://millionrounds.com/company/qkine)

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