GreenCoLab

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

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

• Algae biotechnology
• Bioprocess development
• Aquaculture nutrition
• Bioactive compounds
• Strain preservation

Headquarters

HQ city

Faro

HQ country

Portugal

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Distribution channels1 record

Marketing channels5 records

Core 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

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

19 partnerships are on record, tiered core and minor.

• PROALGAcoreGTM or Marketing Partner · 1 September 2025Partnership 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)minorStrategic or Co-development Partner · 2 May 2024Culinary partnership for 'Algae on the Menu' project exploring integration of algae by-products into gastronomy.
• CCMARcoreStrategic or Co-development PartnerResearch center partner in GreenCoLab's collaborative platform, contributing to the RDI agenda focused on algae biotechnology and macro/microalgae exploration.
• CIIMARcoreStrategic or Co-development PartnerResearch center partner contributing to algae biotechnology research and development within the GreenCoLab collaborative structure.
• LNEGcoreStrategic or Co-development PartnerState laboratory partner providing expertise and infrastructure for the algae RDI agenda within GreenCoLab.
• UA (Universidade de Aveiro)coreStrategic or Co-development PartnerUniversity partner contributing to the collaborative research and innovation efforts in algae biotechnology.
• AllmicroalgaecoreStrategic or Co-development PartnerIndustry partner specializing in microalgae production, leading projects like GreenFerm and MICROBOOST for sustainable aquaculture applications.
• NectoncoreStrategic or Co-development PartnerMarine cultures company partner contributing to algae production and research projects within the GreenCoLab ecosystem.
• AlgapluscoreStrategic or Co-development PartnerSeaweed production company partner involved in multiple projects including Atlantic Nori cultivation and Algae Vertical.
• SparoscoreStrategic or Co-development PartnerCompany partner specializing in aquaculture nutrition and feed additives, contributing to functional ingredient development.
• IberagarcoreStrategic or Co-development PartnerIndustry partner contributing to the algae biotechnology RDI agenda within the GreenCoLab consortium.
• GopsiscoreStrategic or Co-development PartnerCompany partner in the GreenCoLab consortium advancing algae biotechnology research and applications.
• RIASEARCHminorStrategic or Co-development PartnerNew associate partner joining the GreenCoLab community in July 2025, bringing additional expertise to scientific and collaborative debate.
• RDIcoreGTM or Marketing PartnerPartner in the Algae Vertical project SP7 (Regulation, Market, and Widespread Dissemination) for the Portuguese Blue Bioeconomy Pact.
• S2AQUAcoLABcoreStrategic or Co-development PartnerCollaborative partner in aquaculture research, co-presenting at Aquaculture Europe 2025 and joint presentations.
• NIVA (Norwegian Institute for Water Research)minorStrategic or Co-development PartnerNorwegian research partner in the MICROBOOST project focused on functional fish feed using microalgae.
• University of BergenminorStrategic or Co-development PartnerNorwegian university partner in the MICROBOOST project contributing to aquaculture research.
• Wageningen UniversitycoreStrategic or Co-development PartnerLead institution for the XTREMOLIFE EU-funded project on extremophile microorganisms biodiscovery.
• Necton S.A.coreStrategic or Co-development PartnerLeader institution of PREMIUMALGAE project developing functional ingredients from microalgae for cosmetics, nutraceuticals, and aquaculture.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct 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

• Xx.com/greencolab
• YouTubeyoutube.com/@greencolab
• LinkedInlinkedin.com/company/greencolab
• Instagraminstagram.com/green.colab

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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 GreenCoLab