£2.3M
The funding was led by The Conduit Impact Fund alongside participation from SIS Ventures, Equity Gap, Old College Capital and Scottish Enterprise.
MiAlgae
MiAlgae develops biotechnology to create sustainable Omega 3 from industry coproducts.
£3.8MTotal raised
Edinburgh based biotechnology start up producing sustainable Omega 3 from food and drink coproducts.
Categories
Team
Douglas Martin
Managing Director
Douglas brings biotechnology and engineering experience from founding MiAlgae and holding roles at Siem Offshore.
LinkedInInvestors
- £2.3MEquity GapFollow-on
Old College CapitalFollow-on
- £1.0M
- £500K
Funding history
£1.0M
The financing round was supported by Equity Gap, Scottish Investment Bank, Old College Capital and Hillhouse Group.
£500K
The funding round was led by Equity Gap alongside co-investors to build a pilot plant and expand the team.