
Algaeing
Develops innovative natural and healthy pigments and fibres, from the same microorganisms - the algae.
Date | Investors | Amount | Round |
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- | investor investor investor investor investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
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Algaeing operates as a biotechnology company focused on detoxifying the apparel and textile industry. The company was founded in Israel in March 2016 by Renana Krebs and her father, Dr. Oded Krebs. Renana, the CEO, brings over 15 years of experience as a designer in the international fashion industry, where she witnessed firsthand the sector's detrimental environmental impact. This experience motivated her to pursue a Master's in sustainable design and find a solution, leading to the creation of Algaeing. She is joined by her father, Dr. Oded Krebs, a biologist and agronomist with over four decades of experience who serves as CTO.
The company's business model is centered on developing and supplying fully biodegradable formulations for dyeing, printing, and manufacturing fibers, positioning itself as a contract-based manufacturer of textile products. Algaeing serves textile manufacturers and fashion brands looking to reduce their environmental footprint and appeal to eco-conscious consumers. Revenue is generated by selling its algae-based products directly to these B2B clients, with solutions designed for seamless integration into existing manufacturing processes without requiring additional capital expenditure. Since its founding, the company has secured funding from investors including Katapult, Capital Nature, The Mills Fabrica, Closed Loop Partners, and Iron Nation.
Algaeing's core technology harnesses renewable microalgae to create its product portfolio. The company partners with algae growers that use sustainable vertical farming methods, utilizing solar energy and seawater in areas not suitable for traditional agriculture. Its patented process converts algae into planet-positive, biodegradable products. The product line includes Algaink™, a biodegradable ink for printing on a wide array of fabrics, and Algadye™, a dye formulation applicable to synthetic, natural, and protein-based textiles. These products significantly reduce water consumption by up to 98% and greenhouse gas emissions by 70-74% compared to conventional dyeing and printing methods. A third product, Algafiber™, consists of biodegradable threads made from algae and cellulose, colored with algae's natural tones to further reduce resource use. Beyond environmental benefits, the company highlights that its textiles retain algae's nutrient-rich properties, potentially offering skincare benefits to the end consumer.
Keywords: algae dye, sustainable textiles, biodegradable ink, Algaink, Algadye, textile innovation, circular fashion, bio-based materials, Renana Krebs, cleantech, eco-friendly dye, textile chemistry, sustainable fashion, waterless dyeing, carbon-negative materials, algae fiber, Algafiber, biotechnology, textile manufacturing, zero-waste textiles, non-toxic dye, planet-positive, material science