„Our patented technology is the future of industrial micro algae production”
Alga Pangea’s technology is unique, because it stimulates and manages the growth of the algae 24 hours a day. With the most up-to-date technological equipment a current of water flows gently through a bioreactor, in a circuit. The meandering paths have special LEDs attached to them, which pulse at a pre-determined frequency according to the relevant strain of algae. At the same time, phosphorous, nitrate and CO2 are added as fertilisers. In this way growth rates of up to 2,000 tons a year per hectare can be targeted, which could not be achieved by either other algae cultivation processes or in traditional agriculture.
After more than five years in development and around 1.5 million Euros of investment, in summer 2014 Alga Pangea GmbH was founded in Austria. The company will market the patented technology worldwide and offer associated services, such as facility maintenance and management, to customers.
The technology of Alga Pangea has already operated successfully in the pilot plant. The team has perfected the technology and had it patented worldwide. Milestones like the proof of concept and successful cultivation in the pilot plant were achieved. In addition the enormous growth rates were confirmed by universities.
To accelerate the distribution of the technology for algae production, a reference plant will be constructed in Güssing, Burgenland with a production capacity of at least 40 tons p.a. The foundations for this investment will be laid by the crowd-investing campaign. In addition new comprehensive patents will be registered.
Alga Pangea pilot facility, 2013
Dipl. Ing. Philipp Marktl
Philipp Marktl has been active as an entrepreneur in the renewable energies sector for several years. He was substantially involved in the development of Canadian pellet factories as a founding partner and is also involved in the biomass heating contracting company Wood4heating for facilities on the East Canadian Prince Edward Island as a founding partner.
Dipl. Ökonom Carsten Rühe
Carsten Rühe has many years of extensive project experience as a business adviser and initiator in the planning, set-up and management of Biogas facilities. He also has many years of experience in the area of finance and control, bringing specialist expertise in the area of venture capital and private equity projects.
Dipl. Ing. Jürgen Schuster
Technical support is provided by Jürgen Schuster, who has worked on the development of numerous patents in the area of renewable energy. Beside this, he has successfully managed many energy projects for the company Wika, a successful family business, as Senior Project Developer.
Participation Type: Subordinated Dept Minimum amount subscribed: 100€ Company value before shares: 3 800 000€ Maximum amount subscribed: 5 000€ Company name: Alga Pangea GmbH (company register number: FN 414764 y)