ALGIECEL™ | BioSolutions for Decarbonization

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Vision & Mission

ALGIECEL envisions a world where sustainability and economic prosperity coexist harmoniously. Our mission is to revolutionize the production of sustainable and  nutrient rich ingredients containing protein and omega-3 in order to decarbonize our customers value-chain. Our aim is to produce the ingredients by leveraging captured industrial CO2, microalgae via photosynthesis, and innovative technology built into modular photobioreactors, thereby creating a pathway towards a circular and sustainable bioeconomy.

THE COMPANY TODAY

Founded in 2021 by serial-entrepreneur, CEO, Henrik Busch-Larsen, ALGIECEL has rapidly expanded to a team of 17 dedicated professionals. By Q2 2022 the design, construction & installation of a pilot-scale, modular microalgae PhotoBioReactor (PBR) at the Danish Technological Institute had been completed. 

Today the pilot project is used to optimize the technology and produce algae product samples for application trials with R&D partners and potential clients.

Our core management team comes with leadership experience from industrial biotech (Novonesis, Danisco), food ingredients including lipid and proteins (Nestlé), and business leadership (Falck, ISS).

ALGIECEL has received funding from the BioInnovation Instiute (BII), EIFO and several public grants. Most recently, the ALGIECEL-lead “CAPCO2” consortium including Novonesis & DTU, has received EUR 2.4m in grant financing from the Danish Energy Agency, EUDP for ALGIECEL´s first full-scale demonstration project

 

 

Meet the Management & Board

 

Management Team

Henrik Busch-Larsen

Henrik Busch-Larsen

CEO / Founder / Board Member

Entrepreneur, Strategy, Vision, Execution, Scale-up

Prior experience with
CEO Unibio Group, Co-founder A21 Systems, Various Board Positions

 

Jesper Svarer

Jesper Svarer

CFO

Experience from international senior leadership roles within Finance, Strategy, M&A and business development.

Prior experience with:
Falck, KMD, A.P. Moller-Maersk, ISS, Handelsbanken

 

Susanne Palsten Buchardt

Susanne Palsten Buchardt

CCO

International senior leadership & commercial experience within BioSolutions, Renewable Energy, Agriculture and Animal Healt & Nutrition

Prior experience with:
Novozymes, Ørsted (formerly Dong Energy) , Bain & Company (formerly Quartz+Co)

 

Christian Kølby

Christian Kølby

CTO

Civil Engineer, MSc., Biotechnology and Aquaculture

Prior experience with:
Nestlé, SPX, Arla Foods Ingredients, Danisco, professional experience with pilot plants, R&D, food application technology and product management 

 

Board of Directors

Tina Moe

Tina Moe

Chairperson of the Board

CEO @Leadership of the Future

Prior experience with:
DTU, Alectia, Art District, NNE, Novo Nordisk, several board and chair positions

Martin Lavesen

Martin Lavesen

Board Member

Managing Partner @DLA Piper Denmark

Prior experience with:
+25 years as commercial lawyer focusing on IPR, Various board positions

Jeppe Høier

Jeppe Høier

Board Member

Investor

Investor background from:      Sunstone Life Science Ventures, Heartcore Maersk Growth. Led Unicorn rounds in companies such as Einride and Forto

Henrik Busch-Larsen

Henrik Busch-Larsen

CEO / Founder / Board Member

Entrepreneur, Strategy, Vision, Execution, Scale-up

Prior experience with
CEO Unibio Group, Co-founder A21 Systems, Various Board Positions

 

Merete Lundbye Møller

Merete Lundbye Møller

Board Member

Venture Partner & General Counsel @Sunstone Life Science Ventures

Prior experience with:
PreSeed Ventures, Curo Capital, Vækstfonden, Danish Green Investment Fund, Warehouse9, Hotel Pro Forma, Nalik Ventures

Advisory Board

Per Møller

Per Møller

Senior Symbiosis Developer @Kalundborg Symbiosis

Industrial Symbiosis, Marine Biology, Microalgae downstream processing, Chemical Engineering

Dr. Dorinde Kleinegris

Dr. Dorinde Kleinegris

Principal Investigator Microalgae @NORCE, Associate Prof. Marine Biotechnology at the University of Bergen (secondary position)

Bioprocess Engineering, Microalgae cultivation & strain selection, Techno-economic & LCA

Stephan Freyer

Stephan Freyer

Senior Research Manager @BASF

Bioprocess Development, Scale-Up, Fermentation, Media Optimization

Dr. Andreas Worberg

Dr. Andreas Worberg

CCO @The Novo Nordisk Foundation Center for BiosustainabilityCCO @DTU Biosustain, CTO @Cellugy ApS

Process Development in Biomanufacturing, Business Development

Michael Stannius Aagren

Michael Stannius Aagren

Digitalization Manager @Unibio

Industrial Production, Digitalization & IT

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