Novacap supports the innovative startup Alganelle specialised in microalgae

Novacap enters into a partnership with the innovative biotechnology startup Alganelle, specialised in the development and production of high added-value molecules, derived from microalgae, which meet the quality and safety requirements of the cosmetic and biomedical industries.

This partnership has been sealed through a minority stake taken by Novacap to finance Alganelle’s development. This partnership with a leading biotechnology startup forms part of the open-innovation approach developed by Novacap as part of its growth strategy and will be effective upon completionof the necessary procedures.

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Read more about Alganelle : www.alganelle.com