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Fresh funds for algae start-up

10/09/2024
Fresh funds for algae start-up

Australian biotech company Algenie has secured $1.1 million (some €650,000) in early funding to begin scaling up its algae-production process. It has developed and patented a photobioreactor, derived from research conducted at the University of Technology Sydney’s Climate Change Cluster, which it claims overcomes some of the limitations of...

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