AlgiOO

AlgiOO - from toxic to profit

Lithuania

About Us
1. Founder (More than 20 years in the Environmental Sector):
- The founder of the company brings extensive experience, with over two decades of work in the environmental sector. Their background includes collaborations with organizations such as the United Nations (UN), the European Commission (EC), Ministry of Environment, and municipality of Vilnius. This wealth of experience in various environmental contexts has provided valuable insights and expertise.
2. CEO (More than 15 years in Business Development in Innovation Sector, Successful Startups in Portfolio):
- The CEO of the company has over 15 years of experience in the business development and innovation sector. There are some successful startups in portfolio.
3. Lead Engineer (More than 30 years in R&D):
- The lead engineer brings a remarkable 30 years of experience in research and development (R&D) to the team. Their deep knowledge and extensive background in R&D contribute significantly to the company's technological advancements and product development.
4. Environmental Expert (More than 20 years in Environmental Sector, Biogas Expert):
- The environmental expert on the team possesses over two decades of experience in the environmental sector. His specialization in this field enhances the company's understanding of environmental issues, regulations, and sustainable practices, making a vital resource in shaping the company's mission.
Collectively, the founding team's diverse skill set, extensive experience, and successful track records in environmental innovation, business development, R&D, and biogas expertise position the company as a leader in addressing environmental challenges and promoting sustainable solutions in the blue economy.

Problem we are solving
Toxic algae infestations have become a widespread and pressing environmental issue, wreaking havoc on ecosystems around the world. These harmful algal blooms not only threaten aquatic life but also impact water quality, human health, and local economies. They release toxins that can contaminate drinking water sources, harm wildlife, and even lead to the closure of fisheries and recreational areas.
Addressing toxic algae infestations is a complex challenge that requires innovative solutions. Traditional methods of removal can be slow, costly, and often inefficient. Furthermore, disposing of the removed algae biomass in an environmentally responsible way can be problematic.
Our cutting-edge technology offers a breakthrough solution by swiftly and effectively removing toxic algae from ecosystems. This not only restores the health of the affected water bodies but also prevents the harmful consequences associated with these infestations.
Additionally, our approach goes beyond removal. By transforming the collected algae biomass into valuable products, we're addressing two problems at once. First, we're eliminating the threat of toxic algae, and second, we’re creating sustainable, eco-friendly products that contribute to a cleaner environment and raise awareness about the importance of environmental stewardship.
In essence, our technology is a game-changer in the battle against toxic algae, offering a comprehensive and eco-conscious solution that benefits both ecosystems and society as a whole.

Sustainable Impact on Blue Ecconomy
Our solution's unique and sustainable value proposition lies in its ability to:
1. Effective Algae Removal: Our cutting-edge technology provides a highly effective and efficient method for removing toxic algae from ecosystems. This sets Our solution apart from traditional, less efficient methods, reducing the ecological and economic impact of algae infestations.
2. Sustainability: By transforming the collected algae biomass into valuable products, Our solution promotes sustainability. It not only addresses the problem at hand but also creates a sustainable circular economy by repurposing waste materials into useful, eco-friendly products.
3. Environmental Awareness: The creation of valuable products from algae biomass not only reduces waste but also raises environmental awareness. It educates and engages the public and stakeholders about the importance of sustainable practices and the critical need to protect and restore ecosystems.
4. Economic Viability: Our solution's innovative approach turns a pressing environmental problem into an economic opportunity. It provides a sustainable source of revenue through the sale of high-value algae-based products, making it financially viable for both our company and potential partners.
5. Multi-Dimensional Impact: Beyond environmental benefits,our solution has a positive social and economic impact. It enhances water quality, safeguards public health, supports local economies, and contributes to the broader goals of a cleaner and healthier planet.
In summary, our solution's unique and sustainable value proposition combines cutting-edge technology, sustainability, environmental awareness, economic viability, and positive societal impact to offer a comprehensive and innovative approach to addressing the challenge of toxic algae infestations in ecosystems.

Financial NeedsTotal: 1,2 mln €.
Algae collection technology Scale-up and Commercialization of Services: 576,000€
Algae-Based Pellets Development: 350,000€
AlgaWrist launch Campaign:274,000€