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£14.0m

Series A
Total Funding000k
More about MiAlgae
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MiAlgae, based in Edinburgh, is a biotechnology company focused on producing Omega 3-rich algae using co-products from Scotch whisky distillation. The company operates in the aquaculture and pet food markets, aiming to reduce reliance on wild-caught fish for Omega 3. By cultivating algae in specially designed fermenting vessels, MiAlgae harnesses nutrients from industrial co-products, creating a sustainable and cost-effective source of essential nutrients. The business model involves selling high-quality algae oil packed with Omega 3 EPA, DHA, and antioxidants, providing a nourishing alternative for both humans and animals. MiAlgae's process eliminates the intermediary in the food chain, allowing fish to remain in the ocean while still delivering essential nutrients. The company is committed to moving industry towards an ecologically oriented economy, with a vision to impact the future of life on Earth over the next 20 years. Keywords: Omega 3, algae, aquaculture, pet food, whisky co-products, sustainability, biotechnology, fermenting vessels, nutrients, ecological economy.

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