Swedish Algae Factory
Developing algae-based wastewater treatment systems to turn algae biomass into bio crude oil
Founding Year: 2014
Location: Gothenburg, Sweden
Swedish Algae Factory is a Gothenburg start-up that is developing algae-based wastewater treatment systems with the goal to process algae biomass into bio crude oil.
Their solution is based on a new strain of algae growing in the polar ice. The algae has a high lipid content making it usable for fuel production. It grows well in low temperature and low light conditions, which enables Nordic countries to produce algae biomass at a large scale all year around.
By using this algae, algae biomass production can be achieved in a much more energy efficient way since it does not need warming and artificial light during winter season.
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This start-up is a finalist in the 2016 edition of Climate-KIC’s Venture Competition. Show your support by sharing this page and mentioning #BestClimateVenture.
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Climate-KIC’s pan-European Venture Competition awards Europe’s brightest start-ups that help fight climate change.
In the European final, 15 start-ups compete for €80,000 in funding in Frankfurt, Germany on the 8th November during the Climate-KIC Climate Innovation Summit.
Climate-KIC operates the world’s largest clean-tech start-up Accelerator focused on climate change.
Team Members: Sofie Allert, CEO; Linnea Wikman, Vice President; Angela Wulff, Head of Research; Mikael Hedblom, Algae Researcher; Justin Pearce, Process Engineer