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Swedish Algae Factory raises €3M to scale its sustainable algae products - Silicon Canals

Summary by Silicon Canals
Gothenburg-based Swedish Algae Factory, a company specialising in utilising the microalgae group diatoms, has secured €3M in additional funding (loans and grants) from new and existing investors, such as Chalmers Ventures. Chalmers Ventures is a Tech Investor and Venture Builder in the Nordics, dedicated to creating global growth companies and taking new technology from lab to market.  The focus is on university spin-outs and deep tech. The comp…
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cosmeticsbusiness.comcosmeticsbusiness.com

Swedish Algae Factory raises €3 million to expand algae production and boost beauty partnerships

The investment will be used to scale production and launch new partnerships in the beauty space this year

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Silicon CanalsSilicon Canals

Swedish Algae Factory raises €3M to scale its sustainable algae products - Silicon Canals

Gothenburg-based Swedish Algae Factory, a company specialising in utilising the microalgae group diatoms, has secured €3M in additional funding (loans and grants) from new and existing investors, such as Chalmers Ventures. Chalmers Ventures is a Tech Investor and Venture Builder in the Nordics, dedicated to creating global growth companies and taking new technology from lab to market.  The focus is on university spin-outs and deep tech. The comp…

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Silicon Canals broke the news in on Friday, April 4, 2025.
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