Earth Data

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Increasing World Population (in Billions)

Growing population at such a staggering rate can be seen as the root cause of many problems arising today or threaten to arise in near future. The population is expected to rise by 25% from 7.8 Billion in 2020 to 9.7 Billion in 2050, a rate which is highly unprecedented when compared with survival drivers like arable land, natural resources, etc.

CO2 emissions (K gigatonnes CO2 equivalent/yr)

In the time of crisis, when the world comes at a stop the CO2 emissions goes down (like in 2008 & 2019 Covid), but as soon as things get back to normal, those emissions starts increasing multifold. As we all know, CO2 acts as a greenhouse gas and can absorb & emit infrared radiation. The constant check to keep CO2 emissions at lowest, is one of the major driver in dealing with the climate change.

Per Capita Meat production (Kg/Y)

Production of a single ounce of meat requires significant amount of natural resources and also has to handle the methane gas emission from Cows (20% of total methane gas emission). Reduced per capita meat production, between 2018 & 2020, a decline of about 5.7% was likely because of an outbreak of African swine fever in China that reduced the pork supply.

Ruminant Livestock Numbers (billion individuals)

Never have we seen the world ruminant livestock numbers soaring past 4 billion, which represents much more mass than all human and animals combined. We can agree that although these are important source of protein & livelihood, but they are also a significant contributor to environmental challenges like methane and CO2 emissions, deforestation & water usage.

Global Monthly Mean CH4 (CH4 ppb)

One of the most dangerous GHG, Methane, set new year-to-date records for atmospheric concentration for years 2020 and 2021. Methane traps 86 times more heat in the atmosphere that CO2 and 20% of planet warning can be contributed to Methane. All five of the hottest years on record has happened since 2015, which shows the direct relation between the earth's temperature & GHGs.

Global tree cover loss (MHa/Y)

World lost 1.6 million hectares of undisturbed forest land last year (2020), up 7% of 2019, according to the Global Forest Watch. Losses in the tropics have now increased for two years in a row, driven mostly by forest clearance for agriculture. The EU and UK government are considering using trade deals and regulations to apply pressure on countries such as Brazil (most forest loss in 2019-2020) to curb deforestation.

Energy Consumption (Exajoules/yr)

Fossil fuel energy consumption has decreased since 2019 (COVID-19). However, these declines appear to be transient and projected to rise again from 2021. Conversely, solar and wind power consumption increased by 57% from 2018 to 2021, but it's still 19 times lower than fossil fuel. Although we can see the increasing trend in Solar/Wind energy, the rate of increase for other conventional fossil fuels energy sources is comparatively higher.

Algama Foods

FR Food-Tech
  • €1,004,420
  • Alvyn Severien
  • Capital raised: €13 Million

Algama is an algae-based ingredients manufacturer founded in 2013 and is one of the pioneers of algae innovation. Their objective is to manufacture functional ingredients based on algae processing for the global food and beverage industry.

Algama claims to be the innovation platform between the suppliers from the algae industry (over 4000 producers) and the customers with a sustainable and healthy source of protein. Their expertise is based on 3 pillars which are (i) Extracting high value-added components by algae processing (ii) Developing proprietary food ingredients and by-products with specialized partners, and (iii) Industrial transfer of consumer products. Algama is currently focusing on the following markets with priority on (i) Egg Alternatives (ii) Dairy Alternatives (iii) Seafood Alternatives (iv) Healthy Snacking, and (v) Meat Alternatives.

 

Problem they solve

  • Liquid egg products are commonly used in the food industry but are highly perishable and have a short shelf life, thereby increasing the waste associated with using liquid egg products.
  • Allergens can be especially challenging for a food manufacturer since allergen-containing products must be segregated from other products to prevent cross-contact.
  • For each ton of chicken eggs, layer hens produce multiple tons of manure. Ammonia emissions from this waste is a health and safety concern, and water pollution from waste used as fertilizer is a major contributor to biodiversity loss in streams and ocean dead zones.

 

Why we believe

  • Algama aims to position itself as the market leader in Algae-based ingredient market. They look to exploit the superior ability of microalgae by combining it with their mass production ability with the introduction of their Bio-refinery plant in FY 2023.
  • The comprehensive cross-sectional EU algae initiative being prepared by the European Commission gives boost to the Algae-based products.
  • Proof of concept: alignment with spin-offs and having their own market, multiple IPs in place and engagement with some large F&B players with positive response to the samples.

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