MiAlgae has secured investment of £2.3m to help drive the next stage of its growth journey.
Established in 2016, the Edinburgh-based biotechnology start-up has created a solution to producing a sustainable source of Omega-3 for animal and human consumption – something which is currently produced by extracting the oil from billions of wild caught fish.
Its novel biotechnology platform uses low-value co-products from the food and drink industry as a feedstock to initially grow microalgae rich in essential oils.
