Eden Mill distillery has partnered with MiAlgae, a Scottish biotech firm and Earthshot Prize finalist, to repurpose whisky effluent, a by-product of distillation, to grow microalgae as a sustainable source of omega-3s.
Mialgae
Scottish biotech firm MiAlgae has secured £14 million in funding to accelerate its operations and scale production. The company has successfully reached commercial-scale of its sustainable marine Omega-3 product, NaturAlgae, at its demonstrator site in Scotland.
Edinburgh-based biotechnology start-up, MiAlgae, has secured further investment of £2.3m to help drive the next stage of its growth journey. Established in 2016, MiAlgae has created a solution to producing a sustainable source of Omega-3 for animal and human consumption – something which
Scottish Enterprise (SE) has unlocked more than £2 billion of private sector investment in early-stage companies operating in Scotland. Through its commercial investment activity, the economic development agency has invested more than £770 million to help unlock funding from private inve
Edinburgh-based biotech start-up MiAlgae has secured an investment of £1 million from Hillhouse Capital, Equity Gap, Scottish Investment Bank and Old College Capital. Hillhouse Group is the newest organisation to join the group of investors.