# Top 29 Algae Startups Worldwide by Funding (2026)

> The 29 best-funded algae startups worldwide, ranked by total funding raised: $176M combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/algae-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Solix Biofuels** Solix BioSystems provides integrated solutions and services that enable large scale cultivation of algae.](https://millionrounds.com/company/solix-biofuels) Solix BioSystems provides integrated solutions and services that enable large scale cultivation of algae. *Founded* 2006 United States **$69M** last round Aug 2012
- 2 [**Edonia** Edonia offers plant-based protein food production with low processed & micro-algae based ingredients.](https://millionrounds.com/company/edonia) Edonia offers plant-based protein food production with low processed & micro-algae based ingredients. *Founded* 2023 Bordeaux, France **$18M** last round Oct 2026
- 3 [**Brilliant Planet** Brilliant Planet is a climate technology company based in London, founded in 2013.](https://millionrounds.com/company/brilliant-planet) Brilliant Planet is a climate technology company based in London, founded in 2013. *Founded* 2013 Harpenden, United Kingdom **$12M** last round Apr 2022
- 4 [**Triton Algae Innovations** Triton Algae Innovations is a biotechnology startup based in San Diego, founded in 2013.](https://millionrounds.com/company/triton-algae-innovations) Triton Algae Innovations is a biotechnology startup based in San Diego, founded in 2013. *Founded* 2013 San Diego, United States **$11M** last round Apr 2016
- 5 [**iwi Life** iwi life is an algae farming company focused on sustainable agricultural practices and nutrient-dense food production.](https://millionrounds.com/company/iwi-life) iwi life is an algae farming company focused on sustainable agricultural practices and nutrient-dense food production. *Founded* 2017 Houston, United States **$10M** last round Dec 2022
- 6 [**Phloronol** Phloronol, a biotechnology company, explicates anti-oxidant metabolic benefits of polyphenols/phlorotannins, extracted from marine algae.](https://millionrounds.com/company/phloronol) Phloronol, a biotechnology company, explicates anti-oxidant metabolic benefits of polyphenols/phlorotannins, extracted from marine algae. *Founded* 2010 United States **$8.3M** last round Jul 2011
- 7 [**Inventure Chemicals** Inventure Chemicals develops an ethanol and biodiesel conversion process by using a variety of raw materials including algae.](https://millionrounds.com/company/inventure-chemicals) Inventure Chemicals develops an ethanol and biodiesel conversion process by using a variety of raw materials including algae. *Founded* 2007 United States **$7.0M** last round May 2012
- 8 [**Origin by Ocean** Origin by Ocean is a Finnish biotechnology company based in Espoo, founded in 2019.](https://millionrounds.com/company/origin-by-ocean) Origin by Ocean is a Finnish biotechnology company based in Espoo, founded in 2019. *Founded* 2019 Espoo, Finland **$5.0M** last round Apr 2023
- 9 [**Really Clever** Really Clever is a UK-based biotechnology startup founded in 2021, focused on creating sustainable, leather-like biomaterials from fungi and algae.](https://millionrounds.com/company/really-clever) Really Clever is a UK-based biotechnology startup founded in 2021, focused on creating sustainable, leather-like biomaterials from fungi and algae. *Founded* 2021 Oxford, United Kingdom **$4.6M** last round Jun 2023
- 10 [**Algaeventure Systems** Algaeventure Systems (AVS) is a manufacturer and supplier based in Marysville, Ohio, specializing in low-energy solid-liquid separation technologies for algae processing.](https://millionrounds.com/company/algaeventure-systems) Algaeventure Systems (AVS) is a manufacturer and supplier based in Marysville, Ohio, specializing in low-energy solid-liquid separation technologies for algae processing. *Founded* 2008 Marysville, United States **$4.5M** last round May 2015
- 11 [**Alga Biosciences** Alga Biosciences is a climate technology startup founded in 2021, based in San Francisco, California.](https://millionrounds.com/company/alga-biosciences) Alga Biosciences is a climate technology startup founded in 2021, based in San Francisco, California. *Founded* 2021 San Francisco, United States **$4.0M** last round Apr 2023
- 12 [**OLALA!** OLALA!](https://millionrounds.com/company/olala) OLALA! *Founded* 2021 Paris, France **$3.4M** last round May 2022
- 13 [**Swedish Algae Factory** Swedish Algae Factory (SAF) is a biotech and materials science company based in Gothenburg, Sweden, founded in 2016.](https://millionrounds.com/company/swedish-algae-factory) Swedish Algae Factory (SAF) is a biotech and materials science company based in Gothenburg, Sweden, founded in 2016. *Founded* 2016 Gothenburg, Sweden **$3.3M** last round Apr 2025
- 14 [**Provectus Algae** Provectus Algae is an innovative Australian biotechnology company focused on optimizing microalgae and red seaweed to create high-value biobased chemicals and s](https://millionrounds.com/company/provectus-algae) Provectus Algae is an innovative Australian biotechnology company focused on optimizing microalgae and red seaweed to create high-value biobased chemicals and s *Founded* 2018 Sunshine Coast, Australia **$2.6M** last round Jul 2025
- 15 [**Seaweed Concept** Seaweed Concept is a marine biotechnology company which supply the high quality ingredients from algae.](https://millionrounds.com/company/seaweed-concept) Seaweed Concept is a marine biotechnology company which supply the high quality ingredients from algae. *Founded* - Plumieux, France **$2.1M** last round Feb 2025
- 16 [**Firglas** Firglas provides commercial-scale algae cultivation for food grade products.](https://millionrounds.com/company/firglas) Firglas provides commercial-scale algae cultivation for food grade products. *Founded* 2013 London, United Kingdom **$2.0M** last round Dec 2025
- 17 [**Pure Ocean Algae** Pure Ocean Algae is an Ireland-based biotechnology company that develops and commercializes algae-based ingredients for sectors including pharmaceutical and cosmetics.](https://millionrounds.com/company/pure-ocean-algae) Pure Ocean Algae is an Ireland-based biotechnology company that develops and commercializes algae-based ingredients for sectors including pharmaceutical and cosmetics. *Founded* 2019 Clonakilty, Ireland **$1.5M** last round Aug 2022
- 18 [**Phytolipid Technologies** Phytolipid Technologies is specialize in the research and production of lipids in plants and algae and experts in lipid analysis.](https://millionrounds.com/company/phytolipid-technologies) Phytolipid Technologies is specialize in the research and production of lipids in plants and algae and experts in lipid analysis. *Founded* 2021 Yokohama, Japan **$1.5M** last round Jun 2025
- 19 [**Hypesound** HypeSound is an Italian biotechnology startup based in Perugia, founded in 2019.](https://millionrounds.com/company/hypesound) HypeSound is an Italian biotechnology startup based in Perugia, founded in 2019. *Founded* 2019 Perugia, Italy **$1.1M** last round Jan 2025
- 20 [**revoltech** revoltech is a materials innovation company based in Darmstadt, Germany.](https://millionrounds.com/company/revoltech) revoltech is a materials innovation company based in Darmstadt, Germany. *Founded* 2021 Darmstadt, Germany **$1.1M** last round May 2022
- 21 [**Neptune Elements** Neptune Elements is a French food-tech startup founded in 2020, based in Camaret-sur-Mer, Brittany.](https://millionrounds.com/company/neptune-elements) Neptune Elements is a French food-tech startup founded in 2020, based in Camaret-sur-Mer, Brittany. *Founded* 2021 Paris, France **$1.0M** last round Jul 2022
- 22 [**Algenie** Algenie is a Sydney-based climate technology and biotechnology company founded in 2023.](https://millionrounds.com/company/algenie) Algenie is a Sydney-based climate technology and biotechnology company founded in 2023. *Founded* 2023 Sydney, Australia **$987K** last round May 2026
- 23 [**Algo Paint** Algo Paint is a French company founded in 2015 by Lionel Bouillon, based in Vern-sur-Seiche, Brittany.](https://millionrounds.com/company/algo-paint) Algo Paint is a French company founded in 2015 by Lionel Bouillon, based in Vern-sur-Seiche, Brittany. *Founded* 2015 Vern-sur-Seiche, France **$929K** last round Oct 2017
- 24 [**Alver World SA** Alver offers a range of high protein vegan foods made with golden chlorella micro-algae.](https://millionrounds.com/company/alver-world-sa) Alver offers a range of high protein vegan foods made with golden chlorella micro-algae. *Founded* - Saint-aubin, Switzerland **$509K** last round Jul 2022
- 25 [**Kybele's Garden** Kybele’s Garden is a private biotechnology company based in Ankara, Turkey, founded in 2021.](https://millionrounds.com/company/kybele-s-garden) Kybele’s Garden is a private biotechnology company based in Ankara, Turkey, founded in 2021. *Founded* 2021 London, Türkiye **$420K** last round Sept 2025
- 26 [**Algae-C** Algae-C is a biotechnology company.](https://millionrounds.com/company/algae-c) Algae-C is a biotechnology company. *Founded* 2015 Caledon, Canada **$301K** last round Jul 2022
- 27 [**AquaRealTime** AquaRealTime is an environmental technology company based in Boulder, Colorado, founded in 2018.](https://millionrounds.com/company/aquarealtime) AquaRealTime is an environmental technology company based in Boulder, Colorado, founded in 2018. *Founded* 2018 Boulder, United States **$175K** last round Aug 2024
- 28 [**ALGAentis** ALGAentis, inc.](https://millionrounds.com/company/algaentis) ALGAentis, inc. *Founded* 2012 United States **$29K** last round Jun 2014
- 29 [**Eden Life** Eden Life is a wellness manufacturing company that provides cultivation and enhancement of spirulina micro-algae products to the market.](https://millionrounds.com/company/eden-life) Eden Life is a wellness manufacturing company that provides cultivation and enhancement of spirulina micro-algae products to the market. *Founded* 2014 Tunisia **$10K** last round Oct 2022

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More lists worldwide

[See all](https://millionrounds.com/top-lists?r=Global)

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