Visit  cricatalyst.com!Nexus — Leaders in Greenhouse Systems Integration Check out more of The Buzz

Water treatment startup Algal Scientific now mining beta glucan

June 17, 2013
AlgaeIndustryMagazine.com

Algal Scientific chief science officer Geoff Horst shows off his beta glucan-rich algae at the company's lab in the Michigan Life Science and Innovation Center. Photo: Ben Freed | AnnArbor.com

Algal Scientific chief science officer Geoff Horst shows off his beta glucan-rich algae at the company’s lab in the Michigan Life Science and Innovation Center. Photo: Ben Freed | AnnArbor.com

Ben Freed reports in the Ann Arbor Business Review that Algal Scientific – a startup which emerged from Michigan State University in 2008 to use algae for reducing the costs of water treatment – has now developed a parallel process to use the algal biomass to make beta-1,3 glucan, a compound of high value in animal and human nutrition.

Further testing on the species of algae they were using to clean up the water revealed it was worth more as a dietary supplement than a simple fertilizer. The algae were high in the sugar compound known as beta glucan, which acts as an immune system booster. “About a year and a half ago we realized that this beta glucan that was in the algae we were already using was very valuable,” said Geoff Horst, a Ph.D. candidate at Michigan State University at the time, and now the company’s chief science officer. “It is worth $20,000 to $30,000 per ton and at that price point we figured, ‘Wow, we can make a lot of money with this.’ ”

Right now, the most popular source for beta glucan is certain types of yeast that develop the chain of sugar molecules in their cell walls. The species of algae used by Algal Scientific is more than 50 percent beta glucan, while yeast has just 5 to 15 percent beta glucan content and requires an expensive process to extract the compound from the cell walls. “It’s a unique species of algae,” says Horst. “You probably wouldn’t encounter it in a local pond or lake, but it’s not genetically-modified. It’s a naturally occurring species, just not a very common one.”

As trials of their beta glucan product move forward, Horst and his co-founders Bobby Levine, Jeff Lebrun, and John Rice are looking to find a new location to expand their production. “There’s not much more science we have to do to be profitable; now we’re really in the ‘ramp-up, scale-up’ mode,” Horst said.

The company has grown to include nine full-time equivalent employees and has brought in approximately $1.5 million in outside funding, which includes $500,000 for winning the Accelerate Michigan innovation competition in 2012.

Read More

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2013 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
Algae.Tec Ltd has received its first purchase order from Reliance Industrial Investments and Holdings Limited (RIIHL), in connection with the arrangements announced on Ja...
Solazyme, Inc. has announced results for the fourth quarter and full year ended December 31, 2013. “2013 was a year of great progress for Solazyme as we readied our first...
Valensa International and Contract Biotics have announced that Contract Biotics has started construction of an additional six acres of algae production units at the compa...
One of 12 winners of the 2014 Lexus Design Award, the Ooho algae balloon was created by three London-based designers to contribute a solution to the rising number of plas...
Algae is being discussed at the heart of EXPO Milano 2015, the international event that has existed since 1851, spawning world shaping themes and icons, such as the Eiffe...
Libourne, France-based Fermentalg, an industrial biotechnology company that specializes in the production of oils and proteins derived from microalgae, has completed a su...
As the number of photobioreactors in an algae growing operation increases, there is a need for both autonomous control and monitoring of individual PBRs, as well as centr...
Yereth Rosen reports in the Anchorage Daily News that scientists at North Carolina State University’s Plants for Human Health Institute have found extremely high levels o...
Algenist®, Solazyme’s anti-aging skincare brand featuring microalgae, has announced its launch in Nordstrom locations throughout the United States. The launch into Nordst...
A team of six University of Calgary researchers has been awarded funding for their project, Cost Effective Biotechnology for Carbon Capture and Re-Use, based on the conce...
Santa Fe Community College has been awarded a $50,000, SEED Infrastructure Grant from the Experimental Program to Stimulate Competitive Research (EPSCoR), for commercial ...
By sending algae into space, a U.S. Department of Agriculture (USDA) scientist and his team will be able to study some of the key mechanisms that control plant growth and...
Jamie Radford writes in the Illawarra Mercury that Pia Winberg, from the University of Wollongong, believes that the South Coast of New South Wales, Australia (NSW) is in...
Kyae Mone Win reports in the Myanmar Times that spirulina has been harvested from Twin Daung lake in Sagaing’s Bu Ta Lin township for over a decade, but climate change an...
Algae manufacturer Cyanotech Corporation has announced implementing three major initiatives to improve Astaxanthin production at their Kailua Kona, Hawaii-based cultivati...
Perth, Western Australia-based Algae.Tec Limited has announced that the Reliance Group has converted the first tranche of options following the positive progress achieved...
In an effort to propel the algae industry forward, the Algae Testbed Public Private Partnership (ATP3) offers a series of hands-on specialized workshops suited for partic...
Following a request from the European Commission, the European Food Safety Authority (EFSA) Panel on Dietetic Products, Nutrition and Allergies (NDA) was recently asked t...