The startup develops bioelectric energy technology that converts macroalgae biomass into renewable energy by harnessing the energy produced during photosynthesis. This process generates electricity for algae farms while capturing carbon dioxide from seawater, providing a sustainable and cost-effective energy source without the need for soil.
Funding
$400K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The energy sector faces a critical need for renewable energy sources that are both sustainable and do not compete with arable land. Traditional renewable energy sources often require significant land use, posing challenges to food production and biodiversity.
Solution
Electric Algae is developing a bioelectric system that converts macroalgae biomass into renewable energy, leveraging the natural photosynthesis process. This technology generates electricity directly from algae, utilizing carbon dioxide from seawater in the process. The system enhances the seaweed agriculture industry by providing a sustainable, soilless energy source that can be integrated with existing or new algae farms.
Target Audience
The primary target audience includes green manufacturing companies, climate tech ventures, and sustainable energy providers seeking carbon-neutral renewable energy sources.
Features
- Bioelectric system based on macroalgae photosynthesis.
- Carbon dioxide capture from seawater during energy production.
- Renewable energy generation without the need for soil.
- Technology licensed from the Technion.