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Sign upAlgica
A nanoporous silica material derived from algae for personal care products and solar cells
- About Company
Algica
A nanoporous silica material derived from algae for personal care products and solar cells
Label Date
January 4, 2021
From
Sweden
Maturity stage
TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications
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.
The Environmental Benefits
- •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.
The Financial Benefits
- •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
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Company Profile
Swedish Algae Factory
Extracts a unique nanoporous silica material from algae with light manipulating and absorbing and releasing properties
Headquarters
411 01 Gothenburg, Sweden
Type
Startup or self-employed
Networking Partner
Cleantech Scandinavia
Network of industrial companies, investors, real estate companies and cities; connecting to 1 400+ clean technology companies from the Nordics and Baltics.
Solutions Associated
16
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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. The innovator Swedish Algae Factory has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.