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Algaia completes US$2.3m funding round to expand seaweed-based solutions
date:May 14, 2020
(US$1.08 million) at its RD facility in Saint-L, Normandy. An industrial pilot production line was inaugurated in the Saint-L site in 2019.

In 2019, Algaia recorded a 17 percent sales growth, plus an additional 25 percent sales growth over the first four months of 2020, says Frederic Faure, Business Development Director for Algaia.

We grew at a double-digit rate in nutrition and cosmetic business activity, and experienced triple-digit growth in active ingredients used in plant care. Sales gr

12/23 07:14