100% funded feasibility grant for UK startup biotech

Innovate UK
London (UK)

£25k

funded feasibility study.

100%

grant funded.

2

month R&D project.

How FutureAlgae aims to transform CO2 into valuable nutrients

The amazing team at FutureAlgae secured Innovate UK grant funding to deliver a proof-of-concept project for their proprietary micro-algae derived ingredients.  

About FutureAlgae

FutureAlgae is a is a woman-led UK biotech SME developing sustainable, high-value microalgae-derived ingredients, Its proprietary light-guiding, fluid-dynamic-enhanced cultivation system enables higher pigment yields, lower operational costs, and greater process control.

Together we solve

Venturenomix and FutureAlgae have been working together ever since the leadership team at FutureAlgae decided that non-dilutive funding, like grants, innovation loans and contracts for innovation, should form a strategic part of their funding strategy.

This Innovate UK-funded feasibility project, led by FutureAlgae in collaboration with London South Bank University (LSBU), will demonstrate a low-energy, recyclable process for extracting lutein directly from microalgae biomass found in UK waters.

Successful Outcomes

The team at FutureAlgae can now dedicate their time over the 2 month, fully funded feasibility study, supported by their academic partners at London South Bank University. The resulting proof-of-concept report will be backed by Innovate UK and used to further their technology development and growth plans.

The project outcomes will establish the technical and economic basis for a UK-grown, algae-derived lutein ingredient, reducing dependence on imported marigold supplies and advancing domestic bio-based manufacturing. It will also strengthen the UK’s net-zero and resource-efficiency goals by reducing process use and waste generation.

“Working with Venturenomix on the Innovate UK Resource Efficiency Grant was a very positive experience. As the first application in our planned 12-month collaboration, achieving such a strong, high-scoring result was an excellent start. The team worked quickly and effectively within a tight timeframe to deliver a great outcome.”

Evelyn Peters, Co-founder & CEO // FutureAlgae

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