Phycom facility

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Investments & Acquisitions

Phycom Secures €9 Million to Scale Microalgae Production for Sustainable Proteins and Nutritious Food

Dutch microalgae specialist Phycom has announced a €9 million investment from key partners, including bioingredient-based foods Corbion, Phase2.earth, Invest-NL, and Invest International. Existing shareholders also backed the company in this round. With the new funds, Phycom will grow its high-quality microalgae at an industrial scale, improve its technology, and expand its marketing activities. Additionally, the investment will allow the Phycom team to expand and appoint new complementary board members. President of Corbion Algae Ingredients, Ruud Peerbooms, said: “Phycom’s shown capabilities offer great potential, and we believe combining complementary strengths through this collaborative partnership will help us continue to redefine what’s possible through algae-based technologies.”  Sustainable proteins  Phycom is a B2B company based in Veenendaal, Gelderland, founded in 2018 to offer algae cultivation optimization services and high-quality …

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