Algica

Gallery Algica 1
Gallery Algica 1
January 2021
Headquarters 411 01 Gothenburg, Sweden
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Algica - A nanoporous algae silica material that makes personal care products better and ocean-safe as well as increases the efficiency of solar panels

Algica is a nanoporous silica material derived from algae with light manipulating and absorbing and releasing properties. The material is branded under the name Algica and is today used as a health and ocean-safe moisturizer, cleanser, rheology modifier and anti-pollution agent in personal care products but also in PV applications. By using algae as a resource for the production of a unique advanced material, called Algica, a business model like this has been proven financially viable.

The development of sustainable personal care products is important to avoid further harm on life and seas, but also for human health. The solution aims to show that it is possible to create an industry that is positive for the environment and not only less negative. By using algae as a resource for the production of a unique advanced material, called Algica, a business model like this has been proven financially viable. By using this material to exchange ingredients used in personal care products, personal care products become less environmentally and health-damaging. By using this material in solar panels the efficiency is increased and more renewable energy can be produced. In the production process of this material nutritious water is cleaned and thereby valuable nutrients recycled into the remaining biomass of the algae after the extraction of the Algica material. This biomass contains besides these nutrients omega 3 rich oil. By producing Algica in this way a contribution to a more sustainable food chain is also made as well as a contribution to less eutrophication and thereby healthier seas.

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Key features

  • At least 4 % efficiency increase of solar panels
  • More environmentally friendly and less health damaging than 99,9 % of all personal care ingredients
  • Contributes to recycling of nutrients and thereby healthier food chains and seas.

Profitability

  • Less than 4 years pay-back time when used for efficiency increase of solar panels
  • Exchanges up to 4 ingredients with 1 in personal care products with less need of material

Company Profile

Maturity Stage

  • Medium and large scale commercialization
  • Small scale commercialization
  • Initial market commercialization
  • Prototype testing in the real world
  • Prototype testing 1:1 in the lab

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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.