Neoalgae

What Neoalgae does

Founded in 2012 in Gijón, Asturias, Neoalgae (legal name NEOALGAE MICRO SEAWEEDS PRODUCTS S.L., NIF B52501749) is a Spanish biotechnology company that cultivates microalgae and develops bioactive ingredients for five end-markets: cosmetics, nutraceuticals, food, animal feed, and agriculture. The company operates a vertically integrated facility comprising cultivation greenhouses, specialized laboratories, and a natural cosmetics manufacturing plant, with an additional office in Madrid opened in 2020. Core proprietary technologies include a patent-protected natural encapsulation method using spirulina as a vehicle for oleoresins, two-phase Haematococcus pluvialis cultivation for natural astaxanthin extraction, Phaeodactylum tricornutum cultivation yielding EPA and fucoxanthin, and a phycocyanin-zinc complexing process improving zinc bioavailability. Neoalgae holds 9 patents (including a US patent granted in January 2026), trademarks registered in Spain, the EU, the UK, and Colombia, and 18 certifications spanning FSSC 22000 (since 2021), GMP, UNE 142500 organic biostimulant compliance, CAAE organic certification, and the Spanish Ministry's INNOVATIVE SME seal.

The company runs a hybrid B2B/B2C revenue model. On the B2B side it sells microalgae-derived raw materials and ingredients — the AFL (Algae for Life) and PFL (Plants for Life) cosmetic lines, branded nutraceutical ingredients (Astaxense, Fucoxense, Omegaxense, AllOmega, Vitalxense, Bluexense), the Spiragro agricultural biostimulant family (Protect B, Premium, Engorde, Mix Algas), plus food and feed ingredients — to formulators across the relevant industries, supplemented by custom R&D services. On the B2C side the company markets finished products directly through three owned consumer brand websites: Alskin Cosmetics (mature-skin marine cosmetics), Dersia (vegan cosmetics for younger skin), and Bendita, with pharmacy distribution in Galicia via partner Cofano. Co-CEO Fidel Delgado reported approximately 56% growth in product sales and 10% revenue growth in the most recently disclosed year. With 11-50 employees and participation in nearly 40 R&D projects across EU Horizon Europe (IMPRESS, LIFE ALGAR-BBE, PestNu), CDTI-funded (MICOALGA-FEED, CULTUREDMEAT), and regional programs, Neoalgae operates as a small but scientifically active European specialty microalgae platform.

Name

Neoalgae

Legal name

NEOALGAE MICRO SEAWEEDS PRODUCTS S.L.

Website

https://neoalgae.es

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Neoalgae is a Spanish biotechnology company, founded in 2012, that cultivates microalgae to produce bioactive ingredients for cosmetics, nutraceuticals, food, animal feed, and agriculture. It operates a vertically integrated Gijón facility, selling B2B ingredients and B2C products through owned brands Alskin, Dersia, and Bendita.

Ownership category

akta.pro rank

Product category

Microalgae biotechnology ingredients

NAICS

Medicinal and Botanical Manufacturing (325411), Biological Product (except Diagnostic) Manufacturing (325414), Food Manufacturing (311)

SIC

Biological Products, (No Disgnostic Substances) (2836), Medicinal Chemicals & Botanical Products (2833), Food And Kindred Products (2000), Perfumes, Cosmetics & Other Toilet Preparations (2844)

akta.pro primary industry

Condition-Specific Bioactives (Glucosamine/Chondroitin, Plant Sterols, Melatonin, Lutein/Zeaxanthin) (AFAJAKAK)

akta.pro secondary industries

Bio-based Pharmaceuticals, Nutraceuticals & Specialty Bioactives (EUAAAIAK), Biological Formulation, Fermentation & Scale-Up Manufacturing (AFABAEAM)

Keywords

• Microalgae biotechnology
• Cosmetic ingredients
• Nutraceutical ingredients
• Agricultural biostimulants
• Animal feed additives

Headquarters

HQ city

Asturias

HQ country

Colombia

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. B2C consumer product sales: Direct-to-consumer sales of finished products through brand websites (Alskin Cosmetics for marine skincare, Dersia for vegan cosmetics, bendita brand) including supplements, cosmetics, and personal care products
2. B2B raw material and ingredient sales: Sale of microalgae-based ingredients and raw materials to food, cosmetic, feed, and agricultural industries. Neoalgae develops custom blended oils and provides R&D services for joint formulation projects
3. R&D and laboratory services: Custom ingredient development services from concept to formulation, optimization and validation, transforming client visions into high-value tailored solutions
4. Spiragro agricultural biostimulant sales: Sale of Spiragro liquid biostimulant product line in multiple formats (5L, 10L, 20L, 1000L) for organic farming

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Neoalgae develops and manufactures microalgae-based ingredients and natural vegetal extracts for the cosmetic, dietary supplement (nutraceutical), food, animal feed, and agricultural industries. The portfolio spans three ingredient platforms (AFL/PFL cosmetics, branded nutraceutical ingredients, and the Spiragro agricultural biostimulant line), complemented by laboratory R&D services for custom ingredient development. Production is fully vertically integrated at the company's Gijón facility encompassing greenhouses for cultivation, specialized laboratories, and a natural cosmetics manufacturing plant.

Product overview

Neoalgae is a biotech company developing and manufacturing ingredients based on microalgae and plant extracts for cosmetics, dietary supplements (nutraceuticals), food, animal feed, and agricultural sectors. The portfolio includes three distinct product lines: AFL/PFL cosmetic ingredients featuring active compounds, liposomal technologies, and oils; the nutraceutical line with branded ingredients (Astaxense, Fucoxense, Omegaxense, AllOmega, Vitalxense, Bluexense) using proprietary encapsulation technology; and the Spiragro agricultural biostimulant family (Protect B, Premium, Engorde, Mix Algas) certified for organic farming. The company also offers laboratory R&D services for custom ingredient development. Neoalgae operates from a modern facility in Gijón with greenhouses, specialized laboratories, and natural cosmetics manufacturing.

Differentiator

Problem solved

Functional benefit

Brands

• Alskin Cosmetics: High-end marine cosmetics brand targeting mature skin, developed from microalgae extracts.
• Dersia
• Spiragro
• Bendita
• Blue Defense

Products and services

• AFL (Algae for Life) cosmetic ingredients AFL (Algae for Life) is Neoalgae's skincare ingredient line offering active ingredients, extracts, liposomal technologies, and oils derived from microalgae for cosmetic manufacturers formulating skincare products.
• PFL (Plants for Life) cosmetic ingredients PFL (Plants for Life) is Neoalgae's plant-based cosmetic ingredient line complementing the AFL platform with sophisticated botanical innovations combined with microalgae derivatives, targeting cosmetic manufacturers.
• Astaxense Astaxense is a branded nutraceutical ingredient combining Spirulina, Haematococcus pluvialis oil, and tocopherol for dietary supplement manufacturers formulating health products.
• Fucoxense Fucoxense is a powder-based nutraceutical ingredient featuring Spirulina and fucoxanthin derived from Phaeodactylum tricornutum cultivation, targeting dietary supplement manufacturers.
• Omegaxense Omegaxense is a Spirulina-based nutraceutical ingredient enriched with omega-3 DHA from microalgae Schizochytrium sp., formulated for cardiovascular and cognitive health dietary supplements.
• AllOmega AllOmega is a comprehensive omega nutraceutical ingredient combining Tetraselmis chuii, Schizochytrium sp., and tocopherol for dietary supplement manufacturers.
• Vitalxense Vitalxense is an advanced microalgae nutraceutical ingredient combining astaxanthin, DHA, and spirulina for cellular vitality and daily wellness support in dietary supplements.
• Bluexense Bluexense is a liquid phycocyanin extract offering anti-inflammatory, antioxidant, and immune support benefits for functional foods and dietary supplement manufacturers.
• Spiragro agricultural biostimulant line Spiragro is Neoalgae's liquid biostimulant product line certified for organic farming under UNE 142500 and CAAE organic standards, including Spiragro Protect B, Premium, Engorde, and Mix Algas variants for organic farmers and distributors in 5L, 10L, 20L, and 1000L formats.
• Microalgae-based feed ingredients Microalgae-based animal feed ingredients with high protein content, essential fatty acids (omega-3), antioxidants, and natural pigments for petfood and livestock nutrition manufacturers.
• Microalgae food ingredients Microalgae food ingredients rich in protein, fiber, pigments, and bioactive compounds for food manufacturers producing bakery, dairy, beverages, and plant-based alternative products.
• Ingredient Development Services Custom ingredient development service from concept through formulation, optimization, and validation, leveraging Neoalgae's microalgae biotechnology laboratory capabilities for companies seeking exclusive and distinctive ingredients.

Quantifiable outcome

• Sales of products increased approximately 56% year-over-year; revenue increased approximately 10% in the last reported year
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• IMPRESS ConsortiumcoreStrategic or Co-development PartnerNeoalgae participates in the European IMPRESS project (INNOVATIVE APPROACHES FOR MARINE AND FRESHWATER BASED INGREDIENTS TO DEVELOP SUSTAINABLE FOODS AND VALUE CHAINS), a Horizon Europe co-funded project comprising a multidisciplinary consortium of 14 members from 7 countries. The project aims to develop marine and freshwater bioeconomy in Europe, studying and valorizing effluents from fish farms using microalgae species including Phaeodactylum tricornutum and Isochrysis galbana.
• MICOALGA-FEED ConsortiumcoreStrategic or Co-development PartnerMICOALGA-FEED is a CDTI-funded innovation project focused on reducing antibiotic use in poultry farming through natural feed formulations combining fungi and microalgae. Neoalgae contributes microalgae species screening for immunomodulatory capacity and synergistic effects with fungi.
• LIFE ALGAR-BBE ProjectcoreStrategic or Co-development PartnerLIFE ALGAR-BBE is a European LIFE programme project led by Neoalgae, focused on developing next-generation biostimulants for organic farming. European Commission members have visited Neoalgae's facilities to evaluate the project, which is co-funded by the EU.
• CULTUREDMEAT ConsortiumminorStrategic or Co-development PartnerCULTUREDMEAT is a CDTI Misiones project focused on obtaining cultivated meat, in which Neoalgae participates as a partner, receiving the highest score in the CDTI Misiones call.
• PestNu ConsortiumminorStrategic or Co-development PartnerPestNu is a sustainable precision agriculture project in which Neoalgae participates, contributing microalgae-based solutions for sustainable and precision agriculture practices.
• GAREM (Grupo de Investigación en Microalgas)coreStrategic or Co-development PartnerGAREM (Applied Research Group in Microalgae) is Neoalgae's internal scientific research group modeled on university research groups, dedicated to disseminating science and innovation. The group presents scientific posters at conferences including Algae Nexus Conference and publishes in peer-reviewed journals such as Frontiers. It is also a member of REDEALGAE.
• Horizon Europe ProgrammecoreStrategic or Co-development PartnerHorizon Europe is the EU's key funding programme for research and innovation. Neoalgae participates through the IMPRESS project, co-funded by the European Union, with María Álvarez presenting at Horizon Europe information days organized by CDTI and IDEPA.
• BioasturiasminorStrategic or Co-development PartnerNeoalgae joined Bioasturias as an active member and benchmark for innovation and development in the biotech sector in Asturias.
• REDEALGAEminorStrategic or Co-development PartnerGAREM (Neoalgae's research group) is a member of REDEALGAE, a network of algae-related organizations and companies.
• CofanominorChannel Partner/ Reseller/ DistributorCofano is a pharmacy distribution partner that distributes Neoalgae products in pharmacies across Galicia.

Scale indicators9 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Biolchim (JBF Group): Italy-based manufacturer of biostimulants and specialty fertilizers for agriculture. Directly comparable to Neoalgae's Spiragro line in the agricultural biostimulant segment, with similar positioning around organic and sustainable crop inputs.
• Fermentalg: France-based microalgae biotechnology company developing ingredients for nutrition, health, and specialty applications. Comparable as a European microalgae specialist serving nutraceuticals, food, and feed markets with similar R&D-driven, multi-species cultivation.
• AstaReal (Fuji Chemical Industries): Sweden/Japan-based producer of natural astaxanthin from Haematococcus pluvialis for nutraceuticals and cosmetics. Closely comparable to Neoalgae's Astaxense product and two-phase H. pluvialis cultivation technology, though at larger commercial scale.
• Mibelle Biochemistry: Swiss developer of bioactive cosmetic ingredients, including microalgae-derived actives for skincare brands. Directly comparable to Neoalgae's AFL line in microalgae-based cosmetic actives and encapsulation technologies.
• Algatech (Algalif Iceland): Israel/Iceland-based producer of microalgae-derived astaxanthin and other high-value bioactives for nutraceuticals and cosmetics. Closely comparable to Neoalgae in cultivation of Haematococcus pluvialis and similar bioactive extraction focus, though at materially larger scale.
• AlgaEnergy: Spain-based microalgae biotechnology company producing ingredients for agriculture (biostimulants), food, feed, and cosmetics. Highly comparable to Neoalgae as a Spanish microalgae peer with overlapping end-market exposure and similar cultivation-led business model.

Broad incumbents

• Roquette: Global leader in plant-based ingredients for food, nutrition, and health markets with growing presence in microalgae-derived proteins and bioactives. Comparable in food and nutraceutical ingredient categories with materially larger scale.
• DSM-firmenich: Global nutrition, health, and beauty ingredients giant offering algae-based omega-3, carotenoids, and other bioactives. Comparable as a buyer/competitor in the same nutraceutical and cosmetic ingredient categories, with broader geographic reach and stronger customer relationships.
• Kemin Industries: US-based ingredient manufacturer serving animal feed, food, and personal care with natural ingredients including microalgae-derived carotenoids and omega-3. Comparable in feed and nutrition end markets but with much broader portfolio and global distribution.
• Corbion (Algae Ingredients): Global ingredients major with significant microalgae capabilities, including algae-derived Omega-3 (DHA/EPA) for food, feed, and nutrition. Overlaps with Neoalgae's Omegaxense and AllOmega product positioning but operates at vastly greater scale and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@IMPRESSProject
• LinkedInlinkedin.com/company/impress-project
• Xx.com/neoalgae
• Facebookfacebook.com/Neoalgae

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neoalgae