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Blue Earth Summit

BE100 Winners 2025

algenie

Biotechnology

Grow

Algenie was founded by a former technology lead at v2food, Australia’s leading plant-based meat company, where the founder developed an algal pigment that authentically reddened meat. While the innovation worked brilliantly, one problem persisted: algae was too expensive to scale.

That challenge sparked a new mission, to make algae production as cheap as crude oil. If achieved, this breakthrough would redefine the foundation of global industry, enabling a shift from petrochemical dependency to carbon-negative bioproducts that actively remove CO₂ as they’re made.

Today, algenie is building the infrastructure and processes for a truly circular, algae-powered economy. Its proprietary technology unlocks high-volume, low-cost cultivation of microalgae, enabling its use in everything from food and packaging to fuels and industrial materials.

The mission is clear: to make large-scale algae production affordable, accessible, and climate-positive.

The vision is transformative, a world where industries switch from fossil fuels to regenerative bioproducts, where carbon drawdown and economic growth go hand in hand, and where 10 billion people can thrive on a truly sustainable planet.