Algae
Photosynthetic organisms that convert CO₂ into biomass and algal oil, which are then further processed into end products for the food, fuel, and chemicals industries.
LUX TAKE:
Algae innovation is now dominated by large corporations following the collapse of the startup space in the mid-2010s; companies initially focused on the fuel industry fast-tracked commercialization with subpar algae to capitalize on the hype, and most failed. The potential of algae now lies within the chemicals and nutrition sectors and is progressing fast. Despite the recent string of failures, ...
News Commentaries
Turkey explores algae, AKA "sea snot," as an alternative source for fuel and material production (April 22, 2022)
EU4Algae: A new platform to accelerate the development of an EU algae industry for nutrition and packaging (February 18, 2022)