BioSolutions for Decarbonization
ALGIECEL has been founded to take part in the challenge of transforming today´s CO2 emissions into feasible business opportunities
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Application
Microalgae Cultivation
– Easily scalable with modular photobioreactors
ALGIECEL transforms CO2 emissions and LED light into microalgae biomass and oxygen.
The company has developed a plug & play photobioreactor that can be stacked and packed as it fits into standard shipping containers. The reactor is easily installable and requires little technical know-how from small and mid-size industrial clients.
Business Model
Industrial client with CO2 problem invests in ALGIECEL
Installation of ALGIECEL photobioreactor
Microalgae-based product produced / carbon captured
Sale of derivative microalgae-based products
ALGIECEL products replacing CO2 heavy alternatives
Revenue sharing
Industrial client with CO2 problem invests in ALGIECEL service
Many decentralized industrial sites emit relatively small quantities of CO2 compared to e.g. cement production. Huge power-to-x projects require a lot of CO2 , space and capital. Smaller biogas and fermentation plants can invest in a highly compact, modular plug & play ALGIECEL microalgae photobioreactor (PBR), fitted into standard 40´ shipping containers to capture their CO2 emissions.
Installation of ALGIECEL photobioreactor
The mobile ALGIECEL PBR requires only a flat surface to be installed by ALGIECEL´s logistic partner, as they can be stacked and packed without much preparation needed from the client. Each PBR captures around 1 ton of CO2 per day. Any number of PBRs can be installed, equivalent to the client´s emissions, as the reactors are modular and operate independently. The client pays a fee to ALGIECEL for ongoing servicing and maintenance of the PBR.
Microalgae-based product produced / carbon captured
The PBR transforms CO2 emissions and LED light via photosynthesis into microalgae biomass. The CO2 is thus captured and the client avoids paying carbon penalties or taxation. The only waste streams left are oxygen and process heat which can be reused for e.g. heating up the manure at a biogas plant. The microalgae biomass cane be split up in an oil and a biomass fraction in the downstream processing unit.
Sale of derivative microalgae-based products
Microalgae-based products are highly-valuable commodities such as omega-3 oils, food-grade vitamins, carotenoids, protein and omega-3 rich biomass to be applied in animal compound feed, human food or cosmetic markets. ALGIECEL will facilitate off-take agreements for the microalgae-based products, as well as for surrounding logistics so that minimal effort is required from the client. The revenue stream is shared with the client.
ALGIECEL products replacing CO2 heavy alternatives
ALGIECEL´s microalgae-based products are replacing products with negative environmental impacts like fish oil or fishmeal. Microalgae are the only natural source of omega-3 apart from wild fish. ALGIECELC´s application can thus circumvent this industry and reduce the carbon footprint of feed and food supply chains. Based on this impact carbon credits will be issued and sold, the revenue will again be shared with the client.
Revenue sharing
To sum up: The client invests in a number of ALGIECEL PBRs equivalent to the site´s CO2 emissions. The emissions are captured and transformed into biomass and the client thus avoids paying penalties or CO2 taxation. The microalgae-based products are sold by ALGIECEL and the revenue is shared with the client. Carbon credits are issued and the revenue from the credit sales are again shared with the client.
Latest news
POWER TO X IS MORE THAN FUEL – ALGIECEL and its project partners receive funding of DKK 18m (EUR 2.4m) from EUDP!
Se dansk version nedenfor ALGIECEL and its project partners receive funding of DKK 18m (EUR 2.4m) from EUDP for a power- and microalgae-based decarbonization project Today, we are excited to announce that ALGIECEL´s EUDP (Energy Technology...
#ALGIECEL IS HIRING!!
Want to be part of a fast-paced #team dedicated towards making a change for the better and help providing #BioSolutions for #decarbonization using #microalgae? ALGIECEL is producing tomorrow´s #sustainable protein and omega-3 rich...
ALGIECEL, A CARBON CAPTURE AS A SERVICE COMPANY, RAISES DKK 10m (EUR 1.3m) IN SEED FUNDING
ALGIECEL raises DKK 10m (EUR 1.3m) in combined funding from Denmark’s Export and Investment Fund[1], a UK-based family fund and private individuals. ALGIECEL’s technology is linking CO2 utilization to the feed and food industry. After having...
NEW ADDITION TO THE #ALGIECEL FAMILY!!
Andreas Josephsen Josephsen will be joining ALGIECEL´s pilot project team as an Intern located at ALGIECEL´s facilities at the Danish Technological Institute near Copenhagen. We asked Andreas to introduce himself: "Hi 👋🏼 I am Andreas and...
LOOKING BACK AT 1 YEAR WITH THE BIOINNOVATION INSTITUTE´S VENTURE LAB PROGRAM
Last week Jascha Jäger from #ALGIECEL had the chance to pitch at #BII´s Demo Day in Langelinie Pavillonen to celebrate the completion of the Venture Lab program with the BII community. With a year of workshops, consulting and financing, the...
POWER TO X IS MORE THAN FUEL – ALGIECEL and its project partners receive funding of DKK 18m (EUR 2.4m) from EUDP!
Se dansk version nedenfor ALGIECEL and its project partners receive funding of DKK 18m (EUR 2.4m) from EUDP for a power- and microalgae-based decarbonization project Today, we are excited to announce that ALGIECEL´s EUDP (Energy Technology...
#ALGIECEL IS HIRING!!
Want to be part of a fast-paced #team dedicated towards making a change for the better and help providing #BioSolutions for #decarbonization using #microalgae? ALGIECEL is producing tomorrow´s #sustainable protein and omega-3 rich...
ALGIECEL, A CARBON CAPTURE AS A SERVICE COMPANY, RAISES DKK 10m (EUR 1.3m) IN SEED FUNDING
ALGIECEL raises DKK 10m (EUR 1.3m) in combined funding from Denmark’s Export and Investment Fund[1], a UK-based family fund and private individuals. ALGIECEL’s technology is linking CO2 utilization to the feed and food industry. After having...
NEW ADDITION TO THE #ALGIECEL FAMILY!!
Andreas Josephsen Josephsen will be joining ALGIECEL´s pilot project team as an Intern located at ALGIECEL´s facilities at the Danish Technological Institute near Copenhagen. We asked Andreas to introduce himself: "Hi 👋🏼 I am Andreas and...
Business Segments
Key Client Markets
Biogas and Fermentation Sector
ALGIECEL´s primary target markets for the application of the photobioreactor are the biogas and fermentation sectors. In these fast-growing industries many sites are too small for large Power-to-x projects to reduce CO2 emissions. Here, ALGIECEL aspires to help in solving the CO2 challenge with our modular carbon capture technology and revenue sharing business model.
Key Microalgae Biomass Markets
Microalgae Oil
Microalgae oil is rich in omega-3 and can be applied as a sustainable alternative to fish oil in the food supplement market.
Microalgae Biomass
Microalgae biomass is rich in protein, omega-3 and other nutrients and can be applied as a valuable feed ingredient in aquaculture.
