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Thai Union led a €13m Series A funding round in Algama.

Synopsis

Thai Union, a producer of seafood-based food products, led a €13m Series A funding round in Algama, an algae producer. “At Thai Union, we are committed to ‘Healthy Living, Healthy Oceans’, and algae, as a sustainable marine ingredient, is aligned with our goals. Algama and its experienced team have strong tech and commercial capabilities to create a positive impact on the protein industry. We are excited to work with them and explore further collaboration opportunities,” Thiraphong Chansiri, Thai Union President and CEO.

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