Algene Holding SE, a subsidiary of DN Group AG (ISIN: DE000A3DW408), announced the first harvest of high-purity microalgae, achieving a total yield of 4,500 litres. This milestone initiates series production of microalgae, a raw material intended for quality-critical products in the cosmetics and food industries, with potential applications in pharmaceuticals. The production platform, developed in collaboration with the Technical University of Munich, has successfully scaled up and is now entering series production.
Algene has engaged in extensive discussions with prominent cosmetics companies for the purchase of microalgae. The initial delivery to a leading German cosmetics manufacturer is planned in the coming days, with the biomass primarily used for laboratory tests and validation of active ingredients. This delivery underscores the high quality and market acceptance of Algene's microalgae.
The market for algae as a strategic resource for food and bio-raw materials is experiencing strong growth. According to the European Commission, the market in Europe alone is projected to reach approximately 9 billion euros by 2030. Algae are recognized as a key component of the bioeconomy. Within this rapidly expanding market, Algene Holding is positioning itself as an industrial platform for controlled microalgae production, targeting sectors such as nutrition and food, cosmetics, life sciences, and aquaculture.
Ole Nixdorff, CEO of DN Group, commented: "For Algene, the start of series production is an important milestone. The market for microalgae is growing rapidly and offers enormous potential. The high level of interest underlines the high quality of the Algene material and the good market acceptance. As a shareholder in Algene, DN Group participates in this future market."
DN Group AG invests in impact companies with high growth opportunities in future industries such as AI, mobility, circular economy, food, health, and energy, and supports them in successful IPOs. The company is one of the leading providers of IPO and capital market transaction advice, connecting fast-growing ESG companies with international institutional investors. More information is available at www.dn-ag.com.
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