We produce uniquely functional materials that are good for the planet.
Our mission is to be the world-leading producer of advanced materials from algae and a driving force towards a circular and bio-based industry.
We are the first company in the world to cultivate and sell diatom algae shells. We call the material Algica®. Algica® is a porous silica with unique light altering, absorptive and binding properties that are unmatched by synthetic materials.
Algica® is today used as a top-performing and certified organic personal care ingredient. Products with Algica® has today been launched in the Nordics, US and Australia. Read more about the use of Algica in personal care applications at www.algica.com
Algica® can also make silicon solar panels at least 4% more efficient and DSSC 38% more efficient. Each kg Algica® used in solar panels reduces C02 emissions with at leasts 200 tons according to WWF.
The production is circular and we aim to make it as environmentally friendly as possible. The algae clean nutrient rich water from a land-based fish farm, and absorb CO2 and key nutrients that can be made into sustainable fish feed.
Our mission is to be the world-leading producer of advanced materials from algae and a driving force towards a circular and bio-based industry.
We are the first company in the world to cultivate and sell diatom algae shells. We call the material Algica®. Algica® is a porous silica with unique light altering, absorptive and binding properties that are unmatched by synthetic materials.
Algica® is today used as a top-performing and certified organic personal care ingredient. Products with Algica® has today been launched in the Nordics, US and Australia. Read more about the use of Algica in personal care applications at www.algica.com
Algica® can also make silicon solar panels at least 4% more efficient and DSSC 38% more efficient. Each kg Algica® used in solar panels reduces C02 emissions with at leasts 200 tons according to WWF.
The production is circular and we aim to make it as environmentally friendly as possible. The algae clean nutrient rich water from a land-based fish farm, and absorb CO2 and key nutrients that can be made into sustainable fish feed.
Location: Sweden, Gothenburg
Employees: 11-50
Total raised: $8.66M
Founded date: 2016
Investors 5
| Date | Name | Website |
| - | Unreasonab... | unreasonab... |
| - | Walerud Ve... | walerud.co... |
| - | Almi Inves... | almi.se |
| - | Formica Ca... | formicacap... |
| - | Chalmers V... | chalmersve... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 03.04.2025 | - | $3.33M | - |
| 19.03.2020 | - | $5.33M | - |
Mentions in press and media 9
| Date | Title | Description |
| 04.04.2025 | Algae Revolution: Swedish Algae Factory Scales Up for a Greener Future | In the heart of Sweden, a quiet revolution is brewing. The Swedish Algae Factory is not just cultivating algae; it’s cultivating a future where sustainability meets innovation. This startup is on a mission to transform the beauty and energy... |
| 03.04.2025 | Swedish Algae Factory is scaling its factory production to provide beauty and battery industries advanced materials made from algae shells | Swedish Algae Factory is scaling its factory production to provide beauty and battery industries advanced materials made from algae shells Thu, Apr 03, 2025 08:15 CET Report this content The Swedish startup is the first in the world to star... |
| 03.04.2025 | Swedish Algae Factory raises €3M to scale production of diatom-based materials | Swedish Algae Factory has raised €3M in additional funding from new and existing investors, such as Chalmers Ventures. Swedish Algae Factory uses diatoms - microscopic algae known for their high-tech silica shells. The company is expanding ... |
| 15.11.2020 | Events Autumn-Winter 2020-2021 | You can find us and our startups on stage at several upcoming events. Here are some of them: On May 18, Caroline is a panelist at StyrelseAkademien speaking about startups and on May 19, she will be speaking about financial strategies at A... |
| 31.03.2020 | Swedish startup woos investors with “algae tech” for aquaculture | The proliferation of algae isn’t typically a good sign, environmentally speaking. Algae blooms, which are worsening with climate change, strangle other freshwater organisms and marine life. But Sofie Allert and Angela Wuff have a vision of ... |
| 19.03.2020 | Swedish Algae Factory raises €5M | We are very proud to have been part of building this company and securing this investment round. Since our investment mid-2018, Caroline worked operatively 20 hours/week in addition to working as a board member. https://digital.di.se/artik... |
| 28.11.2019 | Swedish Algae Factory launches with True Organic of Sweden | Today we launch Make my day “with revolutionary ingredient Algica”. Our CEO and Founder Sofie will share more about this great new skin care ingredient at the press event. It is highly functional, natural, ocean safe and certified organic. ... |
| 02.02.2019 | Swedish Algae Factory summarizes an excellent 2018! | See blog post on our website here Website by Caroline Walerud. Photo credits: Mikael Andersson, Olle Svensson, Andreas von Gegerfelt, Caroline Walerud, Bengt Walerud. Logo by Cecilia Walerud. Powered by Squarespace |
| - | Swedish Algae Factory | “Our algae materials replace harmful and less efficient chemicals in high-end organic personal care products and has the potential of increasing the efficiency of solar panels.” |