This project was submitted in the following language: English (en).
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Project description

Sustainable intensification of agricultural production by leveraging microalgae

Microalgae are the origin of all plant based life, and provide us the oxygen-rich atmosphere we enjoy. AlgaEnergy consolidates almost 5 decades of research and is the world reference in the field of microalgae applied to agriculture. The project aims to untap the potential of microalgae to considerably and sustainable increase agricultural productivities and their quality.

Carlos Rodríguez-Villa Förster

Managing Director

Economist. He has experience in business development, international sales, public relations, media management, e-commerce and biotechnology. He has been Project Director working for the leading U.S. newspaper (“USA Today”), elaborating socio-economic and investment reports on emerging economies in Latin America, published in the U.S. (i.e. Mexico, Colombia, Dominican Republic and Suriname).
He was Country Manager of Zalando, the largest European e-shop and fastest growing company to reach 1 bn revenues, where he was responsible for Zalando’s successful business expansion to the Spanish and Portuguese markets.
In January 2013 he joined AlgaEnergy, company of which he is Managing Director. AlgaEnergy is a world reference in the field of microalgae biotechnology, consolidating 5 decades of knowledge in this science and collaborating with over 150 top-level companies and research centers across the globe.

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Country, Region

Spain [Comunidad de Madrid]

Italy

France

India, US, Mexico, Australia, Brazil, China, etc.

Start date

April 2010

Estimated project cost

EUR 45 million

Sector

Agriculture and rural development, forestry and bio-economy

Resource Efficiency and Environmental Protection, including Blue Economy

Asset ownership

Private

Project type

Operational

Project status

Global Expansion

Revenue type

Market-based

Expected Jobs created

150

Economic rationale / Business Model

We research, develop and sell biobased agricultural products containing microalgae and extracts, that are unique in the world for their raw material, technology, sustainability and efficacy/efficiency. These products increase yields (double digit), quality and resistance to stress (climate change, etc.). Farmers add them to their crops, and obtain a very clear ROI. AlgaEnergy has developed a global network of local subsidiaries and distributors to channel its sales which is growing rapidly, in fact, it already has agreements with some leading multinationals in different continents.

Financing details

Project financing secured: EUR 31.50 million (70 %)

Financing source: Private

The promoter has received / applied for EU / EIB financing support related to this project.

Existing or potential bottlenecks for the realisation of the project / Potential risks

Cash-flow derived from period of market introduction (registration & trials).

Publication: 16/12/2020 | Last update: 16/12/2020

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