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Swedish Algae Factory raises €3M to scale its sustainable algae products

  • Swedish Algae Factory raises €3M in additional funding to scale its sustainable algae products.
  • Funds will be used to accelerate market expansion and develop new applications.
  • The company is scaling production at its commercial-scale factory in Western Sweden, producing its patented Algica material.
  • Algica has unique properties and potential applications in personal care, solar panels, wound care, and catalyst support.

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