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MicroAlgaeX develops microalgae-based products for energy, food, cosmetics, pharmaceuticals, and air quality.
Founded in 2022 and based in Istanbul, Turkey, MicroAlgaeX develops microalgae applications for sectors including fuel, transport, food, cosmetics, pharmaceuticals, and air quality. Products include biofuels, fertilizers, supplements, cosmetics, and air filters. Its Liquid Tree® uses microalgae to capture CO2 and produce oxygen, while its CTRX system is designed for industrial carbon capture and storage. In May 2024, the company raised USD 47 million in Series B funding led by Happiness Capital to expand Liquid Tree into China.
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