Alvyn Severien. © Algama Foods

Investments & Acquisitions

Seafood Giant Thai Union Invests in French Microalgae Producer Algama Foods

The corporate venture capital fund of global seafood company Thai Union has announced an investment in Paris-based microalgae producer Algama Foods. Through the investment, Thai Union is looking to grow its alternative proteins business, with the aim of becoming more sustainable. The company has been working towards this goal for some time, last year forming an alliance with Chicken of the Sea and The ISH Food Company to invest in sustainable seafood alternatives. Thai Union has also invested in another algae ingredients producer, Mara Renewables, and has signed a memorandum of understanding with Aleph Farms with the goal of bringing cultivated meat to the APAC region. Strong tech and commercial capabilities “At Thai Union, we are committed to ‘Healthy Living, Healthy Oceans’, and algae, as …


Scientist discover algae that contain vitamin B12

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Fairs & Events

ProVeg Incubator Presents Future Food Series: Algae

On January 20th, ProVeg Incubator will present Future Food Series: Algae, the sixth event in the Future Food Series. Along with Zintinus, the event will explore the wonderful subject of algae and its diverse applications across the food industry. The event features guests including Algama Foods, Oceanfruit, Betterfish, Genesea, Sophie’s Bionutrients, and EABA. The power of algae in food tech It is estimated that there are over a million species of algae worldwide. Algae have all of the essential nutrients required for human health, are an important source of protein, and are among the most sustainable resources on our planet. The global market size for algae products reached an estimated value of $4.7 billion in 2021 and this is projected to grow steeply in the …