Latest round

Series A

Last raised

Nov 2022

Total raised

$11M

Investors

5

About Algama

Founded in 2013 and headquartered in Paris, France, Algama SAS specializes in microalgae-based egg substitutes, catering to the bakery and pastry industries. The company's founders, Alvyn Severien and Gaëtan Gohin, have a background in food technology.Algama specializes in producing innovative microalgae-based egg substitutes, branded as Tamalga, which are designed to partially or fully replace eggs in bakery and pastry applications. This product line aims to maintain the organoleptic qualities of baked goods while offering a competitive cost advantage and significantly reducing environmental impact compared to traditional egg-based products.90. A key initiative includes the construction of a new bio-refinery in Belgium, which is expected to support expansion into additional European markets and beyond.

Who invested in Algama

5 investors across 1 round

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Funding rounds

  1. Series A

    Nov 8, 2022

    Amount

    $11M

    Investors

    Locked

Questions about Algama

Who invested in Algama?

Algama has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Algama raised?

Algama has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Algama last raise money?

Algama's most recent round on record is a Series A, in Nov 2022.

What does Algama do?

Founded in 2013 and headquartered in Paris, France, Algama SAS specializes in microalgae-based egg substitutes, catering to the bakery and pastry industries.

Where is Algama headquartered?

Algama is headquartered in Paris, France.

Which VCs invest in companies like Algama?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back food companies at Algama's stage. Their profiles are linked below.

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