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From pond scum to premium skincare? Deep Blue Biotech is all in on blue-green algae to make better chemicals
Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as
The biotech startup founded in May 2023 is building a business around a photosynthesis-based form of biomanufacturing that will enable it to manufacture chemicals in a more environmentally friendly way than conventional production methods, such as refining fossil fuels. The funding will be used to kick off their first paid pilots, entering into joint development agreements with customers to incorporate the Deep Blue Biotech’s hyaluronic acid into their own products. In terms of competitors, he name-checks the French biotech Microphyt, which has been working with microalgae for many years, and inked a strategic partnership with cosmetics giant L’Oréal back in 2022, as “interesting.” But he suggests their focus is “slightly different.”
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