Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Algama, founded in 2013, is one of the leading micro-algae ingredients companies, based in Paris, France.

Thai Union Corporate Venture Fund Invests in French Algae Ingredients Startup

  (THAILAND, 1/16/2023)

Thai Union Group PCL (Thai Union) today announced that its Corporate Venture Capital (CVC) Fund has joined other strategic and financial partners investing in France-based Algama’s €13 million Series A fundraising round.

Founded in 2013, with presence now across France, the U.S., and Belgium, Algama leverages its algae innovation platform to offer co-development and industrialization of algae-based ingredients for F&B players looking to replace animal protein and / or fortify their products.

Algama selects the most promising algae and transforms them into actionable ingredients.

Algama’s flagship product, the Tamalga® range of ingredients, replaces eggs in many industrial applications, particularly in bakery and pastry.

Thiraphong Chansiri.

The funding in this round will be used to accelerate commercialization of innovations, development of new applications, and setup of a new 10,000m2 bio-refinery in Liege, Belgium.

The investment in Algama, and further collaboration, will support the future growth of Thai Union’s Alternative Protein business, coupled with exploration of other specialized ingredients especially for marine products.

Thiraphong Chansiri, President and CEO of Thai Union said, “At Thai Union, we are committed to “Healthy Living, Healthy Oceans”, and algae, as a sustainable, marine ingredient, is aligned with our goals. Algama and its experienced team have strong tech and commercial capabilities to create a positive impact on the protein industry. We are excited to work with them and explore further collaboration opportunities.”

Alvyn Severien, Algama's co-founder and CEO, said, “We are excited to work with Thai Union to create the next generation of seafood ingredients that are sustainably sourced and health-promoting.

Alvyn Severien.

By exploring the untapped potential of algae, we aim to push the boundaries and develop innovative products for the future.”

Thai Union’s CVC fund was established in 2019. It has identified alternative proteins, functional nutrition and biotechnology, in addition to new technologies along the food value chain, as strategic areas for investment.

The fund invests in, and partners with, early-stage, entrepreneurial companies working in these areas, seeking to support and accelerate their development to grow the industry in line with Thai Union’s commitment to Healthy Living, Healthy Oceans.

About Thai Union Group

Thai Union Group PCL is the world's seafood leader, bringing high quality, healthy, tasty and innovative seafood products to customers across the world for 45 years.

Today, Thai Union is regarded as one of the world's leading seafood producers and is one of the largest producers of shelf-stable tuna products with annual sales exceeding THB 141.0 billion (US$ 4.5 billion) and a global workforce of more than 44,000 people who are dedicated to pioneering sustainable, innovative seafood products.

The company’s global brand portfolio includes market-leading international brands such as Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar, Hawesta, and Rügen Fisch, Thai-leading brands SEALECT, Fisho, Qfresh, Monori, OMG Meat, Bellotta and Marvo, and ingredient and supplement brands UniQ®BONE, UniQ®DHA and ZEAvita.

About Algama

Founded in 2013, Algama has become a significant player in the use of microalgae in human food. Algae are emerging as a staple in today's food industry. Bringing together researchers, engineers and nutritionists on an innovation platform, the company offers expertise ranging from the selection of algae to the formulation of ingredients and the large-scale industrialization of plant-based products in France and abroad.

Vegan tuna and smoked salmon alternatives developed by Algama.

Source: Thai Union Group


[email protected]
www.seafood.media


Information of the company:
Address: 72/1 Moo 7, Sethakit 1 Road, Tambon Tarsrai
City: Amphur Muangsamutsakorn
State/ZIP: Samutsakorn (74000)
Country: Thailand
Phone: +66 2 298 0024
Fax: +66 2 298 0548
E-Mail: [email protected]
More about:


Location:


Approval / Accreditation / Certified / Oversight by...
IFS (International Food Standard)  Dolphin Safe  HACCP  ISO   MSC/Marine Stewardship Council  UKAS  E.U.  USDA/USDC & FDA 
RF (Russia)  BRC (British Retail Consortium)  BVQi 



 Print


Click to know how to advertise in FIS
MORE ARTICLES
Sea Harvest Delivers Resilient Results in a Difficult Trading Environment
Atlanta DeMedici Group Expands Galician Conservas Portomar Tinned Seafood Selection
Sealord to Become New Zealand’s Biggest Seafood Business
Giving New Life to Discarded Fishing and Fish Farming Equipment
Clean Net 24/7: Better for the Fish and Your Profitability
New Champion Trawl Door from Morgère Delivers Fishing Benefits
Aldi and the MSC Give Insight into How you Can Enjoy Seafood Sustainably
The Kingfish Company Reports Higher Revenue for Half Year Ended June 30, 2023
Real-time Monitoring of Weight, Welfare and Lice
J-HOTATE Association to Exhibit at Seafood Expo Asia
New ROV with Cost-effective Net Inspections
Techano Oceanlift Deliveres Offshore Cranes for Aquaculture
PartnerPlast Becomes Ovun
Singapore's Happiee! Brand Enters UK Market
Infor Feeds into Digital Strategy at Nutreco
Moleaer Expands into Norway to Support Sustainable Aquaculture
CULT Food Science and Umami Bioworks Reveal World's First Cat Treat with Cell-Cultivated Fish
Bakkafrost Scotland Boosts Fish Farming Fleet with the Delivery of New Workboat
Insurance Brokerage Newfront Taps Jessica Graves to Lead Renowned Maritime Team
Wanchese Fish Company Adds New Scallop Vessel for Argentina
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
CAPECAL organized a discussion on the current panorama of Giant Squid in Peru
Peru In order to have full knowledge of the reality of Giant Squid, the Peruvian Chamber of Giant Squid (CAPECAL) recently organized the discussion: “The Pending Agenda for the Consolidation of the S...
Europêche calls for a level playing field at EU-China Blue Forum
European Union The Chinese Ministry of natural resources and the European Commission organised last Saturday in Shenzhen (China) the second Ocean Forum under the EU-China Blue Partnership for the Oceans. The goal: t...
Germany ranked 2nd in importing Vietnamese pangasius in the EU
Viet Nam According to statistics from Vietnam Customs, accumulated in the first 8 months of 2023, pangasius exports to Germany reached 23 million USD, up 19% over the same period last year, accounting for 2%. ...
Solomon Islands joins China in blasting Japan over Fukushima water release
United States Prime Minister Manasseh Sogavare called on Japan to find other options and warned of effects on his South Pacific archipelago Beijing earlier accused Tokyo of treating the ocean as a ‘sewer&rsq...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2023 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER