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MicroAlgaex

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Studies microalgae for sustainable solutions in fuel, transport, food, cosmetics, pharmaceuticals, and air quality

Istanbul, TürkiyeFounded 2022Biotech & Life Sciences

Valuation $250–500M Last recorded · 2024

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About MicroAlgaex

MicroAlgaex is a biotechnology company that leverages microalgae to create a range of products for multiple industries. The company's core technology revolves around the development of closed photobioreactors, which are designed to cultivate microalgae, cyanobacteria, and other microorganisms with high efficiency.

Its business model is centered on providing microalgae-based solutions across several verticals. These include the production of biofuels, ingredients for cosmetics, nutritional supplements, and systems for air purification. A notable product is a trademarked device that utilizes microalgae to capture carbon dioxide and other greenhouse gases while producing oxygen. The company serves clients in the energy, beauty, health, and environmental sectors, positioning itself as a contributor to the circular economy.

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At a glance

Status: Operational
Founded: 2022
Headquarters: Istanbul, Türkiye
Employees: 11
Open positions: None listed
Dealroom signal: 79.6/100
Industry: Health
Sub-industry: BioTechnology
Sector: Biotech & Life Sciences, Biotechnology, Algae, Sustainable Development Goals, Climate Tech, Blue Economy, Blue Biotechnology, DT and LS, science-based, nt
Technology: Deep Tech
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES B✓Equity / VC	May 2024	$47M	$250M	Happiness Capital	↗

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Growth signals

MicroAlgaex website traffic

Latest recorded traffic for MicroAlgaex is 1.7K monthly website visits, up 70% over the last three months. MicroAlgaex's team grew 22.2% over the past year.

Latest monthly visits1.7K 3-month web change+70% 1-year team growth+22.2%

Monthly website visitsJul 2024–Jul 2026

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