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 successfully initiated operations of its pilot plant in 2022, ALGIECEL will allocate the new funds towards optimization of the algae-based carbon capture and utilization (CCU) technology, creating further...

ALGIECEL, A CARBON CAPTURE AS A SERVICE COMPANY, RAISES DKK 10m (EUR 1.3m) IN SEED FUNDING
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