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, ...

Lux Take last updated on September 24, 2019
Data last updated on May 22, 2023

What's New

Lux Research analysts and the Lux Intelligence Engine have added the following recent algae developments.

News Commentaries

JRS acquires Algaia to create a more resilient seaweed supply chain (March 28, 2023)

Viridos raises USD 25 million as ExxonMobil officially bids farewell to algae biofuels (March 22, 2023)

New Lux Content

Lux Research — Monthly Highlights May 2023 (May 22, 2023)

News Trends: Carbon economy Q1 2023 update (May 19, 2023)

Related companies	OriginClear, Algal Scientific Corporation, Fermentalg, MicroBio Engineering, Qualitas Health, AstaReal, T2Energy, SabrTech, Qponics, Euglena, Artveoli, Sundew, Sophie's BioNutrients, KZO Sea Farms, FlexSea

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