Company Overview
Snapshot
Founded in November 2021, BarAlgae operates with 11–50 employees and has raised $2.7 million across one funding round from one investor. In May 2022, the company secured a significant investment from Granot Group.
Business overview
BarAlgae specializes in the commercial production of natural, wild-type microalgae. The company develops state-of-the-art technology and unique cultivation protocols to grow various microalgal species under diverse conditions, utilizing both fresh and salt water. Its products are tailored for specific applications in nutritional supplements, cosmetics, food, aquaculture, animal feed, and pet food, serving the agriculture and food technologies sector.
Strategic signal
In May 2022, BarAlgae received a NIS10 million investment from Granot Cooperative. This funding validates the company's innovative approach to microalgae cultivation and signals strong potential for growth and expansion within the agriculture and food technologies sector, particularly in applications like cosmetics and nutritional supplements.
Log in to access full profile ›Company Intelligence Q&A
- What is BarAlgae's core business?
- BarAlgae focuses on the commercial production of natural, wild-type microalgae, developing advanced cultivation technologies and protocols for various applications.
- When was BarAlgae founded?
- BarAlgae was founded in November 2021.
- How much capital has BarAlgae raised to date?
- BarAlgae has raised a total of $2.7 million across one funding round.
- What industries does BarAlgae serve with its microalgae products?
- BarAlgae's microalgae are used in nutritional supplements, cosmetics, food, aquaculture, animal feed, and pet food industries.