GreenCoLab
- Company typePrivate
- Founded2018
- HeadquartersFaro, Portugal
- Headcount51–100
- GTM typeB2B
- OfferingServices
GreenCoLab firmographics
Firmographics- Name
- GreenCoLab
- Legal name
- GreenCoLab – Associação Oceano Verde
- Website
- https://greencolab.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
GreenCoLab industry classification
Industry- Product category
- Algae Biotechnology Research Services
- NAICS
- Aquaculture (1125)
- SIC
- Services-Commercial Physical & Biological Research (8731), Medicinal Chemicals & Botanical Products (2833)
- akta.pro primary industry
- Seaweed & Algae Aquaculture (incl. microalgae) (AFAEAAAE)
- akta.pro secondary industries
- Algae & Seaweed Proteins (Microalgae/Spirulina, Macroalgae) (AFAJAHAF), Cultures, Probiotics & Fermentation Ingredients (Starter Cultures, Yeast, Adjuncts) (CRADAOAI)
Keywords
Where GreenCoLab is headquartered
LocationHeadquarters
- HQ city
- Faro
- HQ country
- Portugal
- HQ region
- Europe
Offices1 record
Markets served
GreenCoLab business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Distribution channels1 record
Marketing channels5 records
GreenCoLab product offering
Product offeringCore offering
GreenCoLab is a non-profit collaborative platform that delivers algae biotechnology research, development and innovation (RDI) services. Its core work covers algae cultivation, processing and biorefinery, strain preservation and bioprospecting through the Industrial Biotechnology Algae Bank (IBAB), and the development of functional ingredients and bioactive compounds for aquaculture, food, cosmetics, nutraceuticals and agriculture. It also develops prototype products such as algae-based food items and contaminant detection kits.
Product overview
GreenCoLab is a non-profit collaborative platform between research and industry whose research & innovation agenda is based on the exploration of macro- and microalgae as essential components for different industries. The organization's offerings include the Industrial Biotechnology Algae Bank (IBAB) as a core service platform maintaining algae isolates for biotechnological applications, an ex vivo Platform for Functional Screening for aquaculture feed evaluation, and various food product prototypes including ALGAEGEMS, ALGAEBEER, and spirulina-based products. Additional offerings include the CLEAN CULTURE kit for contaminant detection in algae production. Services encompass algae cultivation, processing, and biorefinery support provided through a collaborative network of two research centers (CCMAR and CIIMAR), one state laboratory (LNEG), one university (UA), and six companies.
Differentiator
Problem solved
Functional benefit
Brands
- Industrial Biotechnology Algae Bank (IBAB): A culture collection platform maintained by GreenCoLab to maintain a collection of micro and macroalgae isolates and support universities and companies in solving ecological and biotechnological challenges
Products and services
- Industrial Biotechnology Algae Bank (IBAB) A culture collection platform that maintains micro- and macroalgae isolates to support universities and companies in solving ecological and biotechnological challenges, integrating bioprospecting, strain optimisation and biochemical analysis.
- Algae Cultivation, Processing and Biorefinery Services Contract research and innovation services covering the full algae value chain — from cultivation and strain optimisation to processing and biorefinery — delivered to industry partners and research institutions.
- CLEAN CULTURE Kit A diagnostic kit developed to detect contaminants in algae production systems, aimed at algae producers and aquaculture operators.
- ALGAEGEMS Innovative algae-formulated food prototype developed to demonstrate the use of algae-based ingredients in food products.
- ALGAEBEER Innovative algae-formulated beer prototype demonstrating algae incorporation into beverages.
- Spirulina Burger Prototype spirulina-based food product showcasing algae protein applications in the food industry.
Quantifiable outcome
- Achieved 90%+ removal for total Kjeldahl nitrogen (TKN) and approximately 80% for COD in integrated wastewater treatment system
- +2 more outcomes
Companies that use GreenCoLab
Customer profileSegments5 records
Ideal customer profiles3 records
GreenCoLab technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
GreenCoLab partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- PROALGAcorePartnership for dissemination activities, co-publishing children's book 'O Verde do Azul' and participating in joint events like the PBA Exhibition.
- Chef Leonel Pereira (CheckIn Restaurant)minorCulinary partnership for 'Algae on the Menu' project exploring integration of algae by-products into gastronomy.
- CCMARcoreResearch center partner in GreenCoLab's collaborative platform, contributing to the RDI agenda focused on algae biotechnology and macro/microalgae exploration.
- CIIMARcoreResearch center partner contributing to algae biotechnology research and development within the GreenCoLab collaborative structure.
- LNEGcoreState laboratory partner providing expertise and infrastructure for the algae RDI agenda within GreenCoLab.
- UA (Universidade de Aveiro)coreUniversity partner contributing to the collaborative research and innovation efforts in algae biotechnology.
- AllmicroalgaecoreIndustry partner specializing in microalgae production, leading projects like GreenFerm and MICROBOOST for sustainable aquaculture applications.
- NectoncoreMarine cultures company partner contributing to algae production and research projects within the GreenCoLab ecosystem.
- AlgapluscoreSeaweed production company partner involved in multiple projects including Atlantic Nori cultivation and Algae Vertical.
- SparoscoreCompany partner specializing in aquaculture nutrition and feed additives, contributing to functional ingredient development.
- IberagarcoreIndustry partner contributing to the algae biotechnology RDI agenda within the GreenCoLab consortium.
- GopsiscoreCompany partner in the GreenCoLab consortium advancing algae biotechnology research and applications.
- RIASEARCHminorNew associate partner joining the GreenCoLab community in July 2025, bringing additional expertise to scientific and collaborative debate.
- RDIcorePartner in the Algae Vertical project SP7 (Regulation, Market, and Widespread Dissemination) for the Portuguese Blue Bioeconomy Pact.
- S2AQUAcoLABcoreCollaborative partner in aquaculture research, co-presenting at Aquaculture Europe 2025 and joint presentations.
- NIVA (Norwegian Institute for Water Research)minorNorwegian research partner in the MICROBOOST project focused on functional fish feed using microalgae.
- University of BergenminorNorwegian university partner in the MICROBOOST project contributing to aquaculture research.
- Wageningen UniversitycoreLead institution for the XTREMOLIFE EU-funded project on extremophile microorganisms biodiscovery.
- Necton S.A.coreLeader institution of PREMIUMALGAE project developing functional ingredients from microalgae for cosmetics, nutraceuticals, and aquaculture.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
GreenCoLab competitors and assessment
Company assessmentDirect peers
- S2AQUAcoLAB: Portuguese collaborative laboratory (CoLAB) focused on aquaculture research, and a GreenCoLab collaboration partner. Comparable as a non-profit R&D consortium model targeting sustainable aquaculture with overlapping research themes.
- Allmicroalgae: Portuguese industrial producer of microalgae for food, feed, and nutraceuticals, and a core GreenCoLab consortium member. Directly comparable as a commercial algae cultivation and processing company operating in the same geography and end markets.
- Algaplus: Portuguese seaweed (macroalgae) producer and GreenCoLab consortium partner involved in Atlantic Nori cultivation and Algae Vertical projects. Directly comparable in macroalgae production and biorefinery for food and feed.
- A4F - Algae for Future: Portuguese algae biotechnology company providing R&D, scale-up, and production services for microalgae applications. Directly comparable as an algae biotech services and cultivation platform operating in the same Iberian ecosystem.
- Necton: Portuguese marine microalgae producer and GreenCoLab consortium partner leading the PREMIUMALGAE project. Comparable as a microalgae cultivation and ingredient company in the same Iberia-based algae value chain.
- Microphyt: France-based microalgae biotech developing natural ingredients for cosmetics and nutraceuticals. Comparable as a microalgae R&D and ingredient company serving the same high-value end markets (cosmetics, nutraceuticals, food supplements).
Broad incumbents
- Corbion: Global leader in algae-based ingredients (including alginate and microalgae-derived products) for food, nutrition, and personal care. Comparable as a broad incumbent in algae-derived functional ingredients, though operating at significantly larger scale and across many non-algae categories.
Emerging players
- AlgaeCytes: UK-based algae biotech developing high-value compounds from microalgae for nutraceuticals, aquaculture, and cosmetics. Comparable as a focused emerging player in microalgae bioactive ingredients, particularly relevant to GreenCoLab's PREMUIMALGAE and aquaculture nutrition use cases.
- TomAlgae: Belgium-based microalgae producer focused on algae-based feed and food ingredients. Comparable as an emerging player in microalgae cultivation with overlapping end-market focus (aquaculture feed, food).
Regional players
- Fitoplancton Marino: Spain-based microalgae producer serving aquaculture, cosmetics, and food ingredient markets. Comparable as a regional microalgae cultivation and ingredient supplier, but primarily operating in a different geography than GreenCoLab's Iberian core.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
GreenCoLab social profiles
Digital presenceGreenCoLab financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenCoLab leadership team
Management profileNumber of profiles
Profiles10 records
GreenCoLab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenCoLab M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GreenCoLab
What does GreenCoLab do?
GreenCoLab is a non-profit collaborative platform that delivers algae biotechnology research, development and innovation (RDI) services. Its core work covers algae cultivation, processing and biorefinery, strain preservation and bioprospecting through the Industrial Biotechnology Algae Bank (IBAB), and the development of functional ingredients and bioactive compounds for aquaculture, food, cosmetics, nutraceuticals and agriculture. It also develops prototype products such as algae-based food items and contaminant detection kits.
Is GreenCoLab a public or private company?
GreenCoLab is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was GreenCoLab founded?
GreenCoLab was founded in 2018. It employs 51 to 100 people.
Where is GreenCoLab based?
GreenCoLab is headquartered in Faro, Portugal, in the Europe region.
Who are GreenCoLab's main competitors?
Direct peers on record are S2AQUAcoLAB, Allmicroalgae, Algaplus, A4F - Algae for Future, Necton and Microphyt. Corbion is listed as a broad incumbent. Emerging players are AlgaeCytes and TomAlgae. Fitoplancton Marino is listed as a regional player.
Does GreenCoLab have an API?
No public API is recorded for GreenCoLab.
What industry is GreenCoLab in?
GreenCoLab's product category is Algae Biotechnology Research Services. Its primary akta.pro industry code is AFAEAAAE, Seaweed & Algae Aquaculture (incl. microalgae), with a secondary code of AFAJAHAF, Algae & Seaweed Proteins (Microalgae/Spirulina, Macroalgae). Its NAICS code is 1125 and its SIC code is 8731.