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Stage

Incubator/Accelerator | Alive

Total Raised

$430K

About Cellana

Cellana is a leading developer of algae-based bioproducts, operating in the biotechnology industry. The company's main offerings include the production of Omega-3 EPA and DHA oils, animal feed, and biofuel feedstocks, all derived from marine microalgae. Cellana primarily serves the human nutrition, animal nutrition, and biofuel markets. It is based in Kailua Kona, Hawaii.

Headquarters Location

73-4460 Queen Kahumanu Highway #127

Kailua Kona, Hawaii, 96740,

United States

808-334-1690

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Expert Collections containing Cellana

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cellana is included in 2 Expert Collections, including Renewable Energy.

R

Renewable Energy

3,320 items

Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.

A

Advanced Materials

1,364 items

Companies in the advanced materials space, including polymers, biomaterials, semiconductor materials, and more

Latest Cellana News

Global Algae Oil Market Forecast Report to 2028, Featuring Polaris, Fermentalg, Algix, TerraVia, British Algoil, Chevron, Algae Floating Systems, Cellana & Veramaris

Feb 2, 2024

News provided by Share this article Share toX As the world continues to seek sustainable and healthy alternatives in various sectors, the global algae oil market is experiencing an unprecedented surge. A new comprehensive analysis forecasts a robust growth trajectory for the algae oil industry, with a projected CAGR of 5.11% from US$1.960 billion in 2021 to a remarkable US$2.778 billion by 2028. The versatility and multifaceted applications of algae oil are key contributors to its market expansion. The oil, which is a rich source of omega-3 fatty acids such as EPA and DHA, not only supports overall human health by reducing cholesterol levels and promoting better vision, but it has also found its way into diverse industries ranging from biofuels to dietary supplements. In the emerging health supplements sector, algae oil's naturally occurring DHA is vital for child cognitive development and is increasingly being integrated into infant nutrition products. This shift is substantiated by the rising awareness of the benefits of omega-3 fatty acids and the subsequent demand for fortified food products. Algae Oil in Animal Nutrition and Biofuel Productions Animal nutrition has also been revolutionized with the inclusion of algae oil. NASA's utilization of algae-based dietary ingredients to nourish animals underlines the substance's high concentration of beneficial long-chained fatty acids. Companies are leveraging this nutritional advantage, unveiling innovative products like Corbion's AlgaPrime DHA P3 to cater to the active nutrition needs within the pet food industry. A significant driver for algaoil in the biofuels sector stems from the push towards sustainable energy sources. As the United States shows a profound interest in biofuel production, algae oil is poised to become a key player in meeting the increasing demand. This aligns with national efforts towards reducing the import of biofuels and fostering domestic production capabilities. Key developments in the algae oil market reinforce this growth narrative. Recently, MiAlgae's launch of NaturAlgae — an Omega-3-rich product designed for pet food and aquafeeds — exemplifies the integration of algae oil into various facets of consumer products. Market Segmentation: A Definitive Scope The analysis provides a comprehensive segmentation of the algae oil market, shedding light on its diverse applications. By Grade: Food Grade, Feed Grade, Fuel Grade By Application: Animal Feed, Biofuel, Health Supplements, Food and Beverages, Medicines By Sales Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Others Geography: A detailed analysis across key regions including North America, South America, Europe, the Middle East and Africa, and Asia Pacific The study taps into the growth potential of algae oil in prominent geographical markets such as the USA, highlighting the synergy between the health-conscious populace and escalating biofuel requirements. Companies Profiled

Cellana Frequently Asked Questions (FAQ)

  • Where is Cellana's headquarters?

    Cellana's headquarters is located at 73-4460 Queen Kahumanu Highway #127, Kailua Kona.

  • What is Cellana's latest funding round?

    Cellana's latest funding round is Incubator/Accelerator.

  • How much did Cellana raise?

    Cellana raised a total of $430K.

  • Who are the investors of Cellana?

    Investors of Cellana include FoodBytes!.

  • Who are Cellana's competitors?

    Competitors of Cellana include Performance Plants, Lynntech, Evolutionary Genomics, Sapphire Energy, Renewable Oil International and 7 more.

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Compare Cellana to Competitors

M
Metro BioFuels

Metro BioFuels aims to develop manufacturing of various vegetable oils into fatty acid methyl esters, commonly known called Biodiesel. The characteristic of their process design that is differentiated per the company is that the conversion takes place in a matter of minutes rather than hours. The process is expected to run both efficiently and economically compared with other similar processes. Further biodiesel aims to reduce CO2 emissions by 78% compared with petroleum diesel due to Biodiesel's closed carbon cycle.

B
Bionavitas

Bionavitas' aims to harness the abundant power of the sun to more efficiently and effectively grow algae in order to address the pending global energy crisis and provide products which help people live healthy lives. Free of hype and unlikely projections, Bionavitas' focus on science aims to create a cost effective algae solution.To achieve this, Bionavitas has developed patent pending technology for the high volume production growth of micro-algae. This technology has placed Bionavitas at the nexus of changes in energy production, global warming prevention, production of new pharmaceutical and nutraceutical compounds, and remediation of the company's environment. By identifying and focusing on the critical areas of algae production, Bionavitas has developed targeted technology that places the company in the lead of the emergent field of algae production.

S
Susquehanna Biotech

Susquehanna Biotech's plans include biofuel prototype building, selling algae kits to farmers, and winning water remediation contracts. The company's long term goals are to produce biofuels, nutraceuticals, and build ocean barges that grow algae on a very large scale. Per the company, it's core strengths are in identifying the right algal strain, the right extraction method and the right design of the photobioreactor.

F
Freedom Fuels

Freedom Fuels, LLC is a biodiesel manufacturing company that produces domestic and renewable energy at the company's plant in Mason City, IA.

B
Bodega Algae

Bodega Algae is a company focused on the development of scalable algae photobioreactors within the alternative energy sector. The company's main product is a modular and stackable photobioreactor that uses nutrients from various waste streams to produce high-energy algal biomass, which can be used in the production of biofuel. The company primarily serves the biofuel and green energy industries. It is based in Jamaica Plain, Massachusetts.

Performance Plants Logo
Performance Plants

Performance Plants operates as an agricultural and biofuel biotechnology company. The company offers patented weatherproofing traits that boost crop yields and drought tolerance critical advantages for the sustainable growth of food and biofuel crops. It provides solutions that enable agricultural products to flourish in a changing global climate. The company was founded in 1995 and is based in Kingston, Canada.

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