Algalif®, Icelandic producer of pure, high-grade, natural astaxanthin from microalgae, today announced new funding, and an expansion of its manufacturing capabilities with the addition of a spray dryer, in order to increase downstream capacity and facilitate the development of new algae ingredients and novel product formats.
The upgrades to its facilities and installation of new spray-drying equipment immediately enable Algalif to supply premium whole-algae biomass ingredients. The process improvements also help ensure that the quality, stability and efficacy of the astaxanthin is well maintained over time.
Through its facility expansion, Algalif continues to position itself as a leader in algae innovation and research. The company also recently received grants from The Icelandic Centre for Research’s Technology Development Fund and the European Union’s SME Instrument program to help further its ongoing, advanced research on leading-edge algae forms, production methods and applications.
“These investments and expanded manufacturing capabilities reflect Algalif’s ongoing commitment to quality development and process improvement, and its innovation in delivering a wide range of quality algae ingredients,” said Orri Björnsson, CEO of Algalif.