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ALGIECEL's Overview

Total employees23
HeadquartersPorsgrunn
Founded2021

AlgiCel is a forward-thinking Norwegian biotechnology company dedicated to transforming algae into high-quality, sustainable textile fibers. By harnessing the power of microalgae, AlgiCel aims to provide the textile and fashion industries with environmentally friendly alternatives to conventional materials, significantly reducing carbon footprint and water usage. Their innovative process focuses on creating biodegradable and circular materials that contribute to a more sustainable future for apparel and other industries relying on advanced materials.

Where is ALGIECEL's Headquarters?

HQ Function

The Porsgrunn facility serves as the central hub for AlgiCel's research, development, pilot-scale production of algae-based textile fibers, and core corporate operations.

Notable Features:

Located within Herøya Industripark, providing access to advanced industrial infrastructure, shared utilities, R&D collaboration opportunities, and a strong ecosystem of green technology companies. The park is known for its focus on circular economy and sustainable industrial processes.

Work Culture:

AlgiCel fosters a dynamic, innovative, and mission-driven work environment centered on sustainability and cutting-edge scientific advancement. The culture emphasizes collaboration, research excellence, and achieving breakthroughs in green material science to make a tangible environmental impact.

HQ Significance:

Herøya Industripark offers a unique strategic advantage with its established infrastructure, access to specialized expertise, and a supportive environment for scaling up innovative green technologies like AlgiCel's algae-to-fiber process.

Values Reflected in HQ: The choice of Herøya Industripark underscores AlgiCel's commitment to sustainability, industrial symbiosis, resource efficiency, and leveraging established infrastructure for eco-friendly production.

Location:

While AlgiCel's primary operations, research, and development are currently centered in Norway, the company is geared towards serving the global textile and materials market. Their innovative algae-based fibers are designed for international brands and manufacturers seeking sustainable material solutions, indicating a global ambition and future market reach. AlgiCel actively participates in international industry events and seeks global collaborations to promote its technology.

Street Address:

Herøya Industripark, Bygg 90, Hydrovegen 60

City:

Porsgrunn

State/Province:

Vestfold og Telemark

Country:

Norway

ALGIECEL's Global Presence

Oslo, Oslo, Norway

Address: MESH, Tordenskiolds gate 2, 0160 Oslo, Norway (Registered Address / Co-working Space)

Provides AlgiCel with a strategic presence in Oslo to engage with the broader business ecosystem, government bodies, potential partners, and investors, complementing its primary R&D and production operations in Porsgrunn.

Buying Intent Signals for ALGIECEL

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of ALGIECEL

As of April 2025, ALGIECEL' leadership includes:

Ingrid Kylstad - Chief Executive Officer (CEO)
Siddharth S. Nair, PhD - Chief Technology Officer (CTO)

Investors of ALGIECEL

ALGIECEL has been backed by several prominent investors over the years, including:

VOOLA (formerly Momentum)
Sondo Capital
Larvikbanken
Angel Investors (various)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

As a young and rapidly developing company founded in 2022, AlgiCel has been primarily focused on establishing and growing its foundational team. There have been no major publicly announced C-level executive hires or departures within the past 12 months that would signify a change in top leadership. The current executive team has been instrumental in the company's early growth and recent funding successes.

Technology (Tech Stack) used by ALGIECEL

Discover the tools ALGIECEL uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

ALGIECEL Email Formats and Examples

AlgiCel's specific email format is not publicly advertised. However, common email patterns for companies include [first].[last]@[companydomain.com] or [first_initial][last]@[companydomain.com]. For AlgiCel, a likely format could be [first].[last]@algicel.co.

[first].[last]@algicel.co

Format

example.person@algicel.co

Example

70%

Success rate

News and media

EU-StartupsApril 15, 2024

Oslo-based AlgiCel secures €1.2 million to turn algae into textile fibres

AlgiCel, a Norwegian biotech company, successfully closed a NOK 15 million (approximately €1.2 million) seed funding round. The round was led by VOOLA, with participation from Sondo Capital, Larvikbanken, and angel investors. These funds are earmarked for advancing AlgiCel's technology for producing sustainable textile fibers from algae and expanding its team....more

Biobased PressNovember 20, 2023

AlgiCel to build pilot plant for textile fibres from algae in Norway

AlgiCel announced its plans to establish a pilot production facility at Herøya Industrial Park in Porsgrunn, Norway. This facility will be crucial for scaling up its innovative process of converting algae into sustainable textile fibers, aiming to offer eco-friendly material alternatives to the fashion and textile industries....more

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