Algene Holding SE, a subsidiary of DN Group AG (ISIN: DE000A3DW408), announced the successful first harvest of high-purity microalgae, marking a milestone in the scaling of its operations. A total yield of 4,500 litres was achieved, and the microalgae raw material is intended for quality-critical products in the cosmetics and food industries, with potential applications in the pharmaceutical sector. The Algene platform, developed in cooperation with the Technical University of Munich, will now commence series production following successful up-scaling.
Algene has entered extensive talks with well-known companies from the cosmetics industry for the purchase of microalgae. The initial delivery to a leading German cosmetics manufacturer is planned for the coming days, with the biomass to be used primarily for laboratory tests and validation of active ingredients. This development underscores the growing market for algae as a strategic resource for food and bio-raw materials. According to the EU Commission, the European market for algae is projected to grow to around 9 billion euros from 2030, positioning algae as a key component of the bioeconomy.
In this rapidly expanding market, Algene Holding is positioning itself as an industrial platform for controlled microalgae production, addressing segments such as nutrition & food, cosmetics, life sciences, and aquaculture. Ole Nixdorff, CEO of DN Group, stated, "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, supporting them in successful IPOs. The company is one of the leading providers of IPO and capital market transaction advice, connecting fast-growing ESG companies with international institutional investors. For more information, visit the original release on NewMediaWire or the company's website at www.dn-ag.com.
