ALGOLESKO, one of the European leaders in offshore seaweed farming with 10 years of experience and R&D, is accelerating into the premium food market and aiming to develop feed and biostimulant market by increasing its yield on 370 ha of concessions.

Algolesko farms and processes organic seaweed on Natura 2000 maritime concessions to meet a demand for healthier and sustainable food.

With 10 years of experience Algolesko has developed a unique know how and assets. This expertise allows full control of the production value chain: hatchery, maritime infrastructure, management, seaweed stabilisation and B2B commercialisation.
Maritime infrastructure developed by Algolesko is ecologically friendly and is proven technology, that managed to weather the last storm in Britany with more than 130 km/m of wind.

Algolesko owns a marine territory of substantial size, foreseeing the growing needs of the market in macro algae. Today the company owns 370 hectares on Natura 2 000 preserved sites, where the seaweed benefit from pure waters. In addition to these hectares, 300 ha are in development.

Algolesko has a unique expertise in the transformation process of their seaweed. The taste, texture, and colour of Algolesko products are exclusive and stand out from other products on the European market. This premium product satisfies customers with sale >1M€, 50 Michelin starred chefs and restaurants, 40 clients in Agrifood Industry, 20 distributors in France & Europe and 1 distributor in Japan.

Algolesko has a clear strategy serving a strong ambition: becoming one of the biggest seaweed farmers in 10 years in Europe. To meet this target, Algolesko has 4 segments of growth:
- 2-3 years: Food product development in Europe and Asia
- 4-6 years: Run denser concessions with shellfish co-farming (IMTA)
- 7-9 years: Co-developing concessions in Europe
- 10-12 years: Large-scale cultivation on offshore windfarm concessions.

France

About Us
Algolesko regroups a young team of 12 people.

PRESIDENT - Philippe Legorjus : Founder of consulting companies in security, business intelligence and crisis management. Former commander of the GIGN.

MANAGING DIRECTOR - Timothée Serraz : 20 years of operational and development experience in the environmental sector (Veolia and Idex). Managing Director of Algolesko for 7 years.

HATCHERY AND CULTURE
- Hatchery and maritime culture manager - Mathilde Lemoine: Master in Marine Biodiversity and Preservation
- Offshore operations manager - François Lochard : Captain, sailor and mechanic

TRANSFORMATION AND QUALITY
-Production manager - David Lecouze : 17 years of experience in the food industry. Management of a 100 people team
-Quality manager - Corentin Marty : Agronomist

VENTE ET MARKETING
-Sales manager - Emilie Ducat: 10 years of experience in the food industry
-Administrative and Marketing manager - Laetitia Darrhort

Problem we are solving
As we thrive today to find alternatives for healthier food and help the planet, the seaweed benefits appear providential.

-Good for health: Super food! A source of proteins, minerals, nutrients, fibres and vitamins, seaweed has beneficial effects on human and animal health.
-Good for the environment: Preservation of biodiversity, ocean deacidification, carbon sequestration.
-Sustainable: Production without inputs, without fresh water needs, with a minimal footprint on ecosystems (minimal marine structures).
-Simply good: Thanks to a unique and innovative transformation process.

The growing global population is putting immense pressure on the agricultural sector: the development of feed and biostimulant seaweed products will address this problem in a sustainable way.

Sustainable Impact on Blue Ecconomy
Algolesko is accelerating into the premium food market after 10 years of R&D in offshore seaweed cultivation in Brittany. Drawing on its know-how, Algolesko structures its R&D to increase yield and develop the FEED and BIOSTIMULANT markets with its 370 hectares of concessions.

The project of Algolesko is a unique solution to serve the development of European premium food seaweed market thanks to an innovative process. The products developed are unmatched on the European market and stand out from others by their taste, texture, and colour. Locally produced seaweed will promote the European food sovereignty.

Algolesko has big ambition and wants to diversify the outlets for its production towards FEED and BIOSTIMULANT markets.

At the same time the development of seaweed farming addresses global challenges of climate change, biodiversity loss and ocean acidification.

This project has an economic and social impact by providing healthy and sustainable food, preserving coastal jobs, and having a high inclusion of women.

Financial NeedsNeed for €5M supports this 5-year plan on:

• A progressive start-up of Moëlan-sur-Mer concession (2024) – food market
• Commercial development and product mix improvement.
• Launch of scaled co-culture in Lesconil concession (2024).
• Launch of denser concession with co-culture (2025).
• Structuring R&D center for feed & biostimulant valorization pathways over a 5-year horizon.