AlgoSource - About the company
AlgoSource is a funded company based in Saint Nazaire (France), founded in 2004. It operates as a Vertically integrated business for cultivation and processing of algae and research related to algae cultivation. AlgoSource has raised an undisclosed amount in funding. The company has 123 active competitors, including 35 funded and 10 that have exited. Its top competitors include companies like Checkerspot, Fermentalg and Kuehnle AgroSystems.
Company Details
AlgoSource is a vertically integrated business involved in algae cultivation, research & development related to algae cultivation and processing, and consulting and engineering services for algae producers. The company cultivates and supplies 15 algae strains through its subsidiary Alpha BioTech. Moreover, the company provides consulting and services for photosynthesis of microalgae and biosequestration of CO2 to other algae producers through its subsidiary GeaPea. Furthermore, it provides services for the industrialization of algae cultivation facilities through its subsidiary ENKI Innovation and business strategy consulting for algae businesses through its subsidiary Strate Org.
- Website
- algosource.com
- Social
Key Metrics
Founded Year
2004
Location
Saint Nazaire, France
Stage
Funding Raised
Latest Funding Round
Ranked
35th among 123 active competitors
Employee Count
27 as on Jul 31, 2026
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Legal entities associated with AlgoSource
AlgoSource is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Algosource Products CIN: 824367205 , France, Deadpooled | Dec 15, 2016 | - | - | - |
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AlgoSource's funding and investors
AlgoSource has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 10, 2019 for $*****. 1 investor participated in its latest round. AlgoSource has 5 institutional investors.
Here is the list of recent funding rounds of AlgoSource:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 10, 2019 | 3888139 | Grant (prize money) | 3371893 | 3021910 | 1400339 | 1077681 |
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AlgoSource's founders and board of directors
Founder? Claim ProfileAlgoSource's employee count trend
AlgoSource has 27 employees as of Jul 26. Here is AlgoSource's employee count trend over the years:
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AlgoSource's Competitors and alternates
Top competitors of AlgoSource include Checkerspot, Fermentalg and Kuehnle AgroSystems. Here is the list of Top 10 competitors of AlgoSource, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Checkerspot 2016, Alameda (United States), Series D | Biotechnology company designs specialized fats and oils through precision fermentation using optimized microalgae | $144M | 64/100 | |
2nd | Fermentalg 2005, Libourne (France), Public | Innovating with algae for sustainable solutions in nutrition and environmental impact | $30.3M | 63/100 | |
3rd | Kuehnle AgroSystems 2007, United States, Series B | Developer of plant-based ingredients for aquafeeds, food, and personal care | $8.2M | 59/100 | |
4th | MiAlgae 2016, Edinburgh (United Kingdom), Series A | Developer and supplier of microalgae based livestock feed supplements | $26.4M | 56/100 | |
5th | Zivo Bioscience 1983, Keego Harbor (United States), Public | Algae-based nutritional compounds and bioactive molecules for animal and human health | $962K | 55/100 | |
6th | Developer of algae-based protein health drinks | $21.3M | 55/100 | ||
7th | Cyanotech 1983, Kailua Kona (United States), Public | Provider of natural ingredients based health supplements | $3.59M | - | 54/100 |
8th | Biosourced solutions for smart, sustainable agriculture, animal care, and plant care | - | 54/100 | ||
9th | Developing and marketing microalgae for use in functional foods | - | 53/100 | ||
10th | Alltech 1998, Lexington (United States), Funding Raised | Animal nutrition and health solutions for a sustainable planet | - | 51/100 | |
35th | AlgoSource 2004, Saint Nazaire (France), Funding Raised | Vertically integrated business for cultivation and processing of algae and research related to algae cultivation | - | 33/100 |
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AlgoSource's Investments and acquisitions
AlgoSource has made no investments or acquisitions yet.
Reports related to AlgoSource
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