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Hillhouse Group

Portfolio

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companies

Portfolio companies

MiAlgae

MiAlgae

MiAlgae produces sustainable microalgae from whisky by-products for the aquaculture and pet food sectors.

Team

Andrew Vernon

Andrew Vernon

Representative

Andrew serves as director of Hillhouse Quarry Group and founder of Ride Ness, alongside chairmanship and directorship roles across property, agriculture, and trust management.

LinkedIn

Recent investments

Seed
£1.0M

MiAlgae raises £1m in seed funding to scale microalgae production and expand facilities.

MiAlgae
BioTech

The financing round was supported by Equity Gap, Scottish Investment Bank, Old College Capital and Hillhouse Group.

"MiAlgae has essentially taken a by-product from one industry and turned it into a solution for another industry. Through the application of biotechnology, MiAlgae is finding solutions to feed the world’s population, and with the global aquaculture industry set to double in size in the next ten years, this is a very promising business indeed."
— Andrew Vernon, Representative
MiAlgae
MiAlgae— Edinburgh, UK
Equity Gap
SI
Old College Capital
Equity Gap + 3 others