Algene Holding SE, a subsidiary of DN Group AG (ISIN: DE000A3DW408), has achieved a significant milestone with the first harvest of high-purity microalgae, totaling 4,500 liters. This harvest signals the start of series production for the company, which aims to supply quality-critical raw materials to the cosmetics, food, and pharmaceutical industries.
The Algene platform, developed in collaboration with the Technical University of Munich, has successfully scaled up its operations. The company has already engaged in extensive discussions with well-known cosmetics firms, with the initial delivery to a leading German cosmetics manufacturer planned in the coming days. This first batch will be used primarily for laboratory tests and validation of active ingredients, underscoring the high quality of Algene's microalgae.
The market for microalgae is experiencing dynamic growth. According to the EU Commission, the European market alone is projected to reach approximately 9 billion euros by 2030. Algae are increasingly recognized as a strategic resource for the bioeconomy, serving as a sustainable raw material for food, cosmetics, and other applications. Algene Holding is positioning itself as an industrial platform for controlled microalgae production, targeting sectors such as nutrition, cosmetics, life sciences, and aquaculture.
Ole Nixdorff, CEO of DN Group, commented: "For Algene, the start of series production is an important milestone. The market for microalgae is growing rapidly and offers enormous potential. The high level of interest underlines the high quality of the Algene material and the good market acceptance. As a shareholder in Algene, DN Group participates in this future market."
DN Group AG invests in impact companies with high growth opportunities in future industries such as AI, mobility, circular economy, food, health, and energy, and supports them in successful IPOs. The company is a leading provider of IPO and capital market transaction advice, connecting fast-growing ESG companies with international institutional investors. For more information, visit www.dn-ag.com.
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