MiAlgae feeds on $672,000 seed round

Jun 6, 2018 •

MiAlgae was formed by a University of Edinburgh alumnus to commercialise microalgae-based animal feed supplements sourced from treated wastewater.

MiAlgae, a UK-based microalgae products developer founded by a University of Edinburgh alumnus, has raised £500,000 ($672,000) in a seed round featuring Old College Capital, the university’s VC fund.

Old College Capital participated on an equal basis with devolved government-owned economic development agency Scottish Enterprise’s investment arm Scottish Investment Bank, and angel syndicate Business Angel Group Equity Gap.

MiAlgae is developing nutritional animal feed supplements made from microalgae that has been recycled from treated wastewater. The supplements are rich in…

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