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Food Ingredients

Brevel raises $8.4 million seed round for algae protein

by Craig Bettenhausen
June 3, 2022 | A version of this story appeared in Volume 100, Issue 20
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Man in front of one of Brevel's algae cultivation systems
Credit: Brevel
One of Brevel's algae cultivation systems

The edible algae start-up Brevel plans to build a pilot plant using $8.4 million it raised in equity investments and nondilutive grants from the European Union and Israeli governments. Brevel says its algae culture technology will yield protein with a neutral color and flavor at costs comparable to that of soy and pea protein—and as much as 90% less than existing edible algae protein. The ingredient will also be more nutritionally complete and sustainable than dairy and egg products, the Israeli firm says.

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