Firglas
About the company
Firglas has built a microalgae facility in Spain to cultivate microalgae in sunlight. With cost and operational advantages, the objective is to demonstrate viability at scale in terms of yield, efficiency and sustainability. The facility binds CO₂ using sunlight in Mediterranean seawater to produce sustainable algae-based products for aquaculture, nutraceuticals and ingredients.
Quick links:
Contact:
Fredrik Adams, CEO, director and founder
Email: fredrik.adams@firglas.com
Phone: +44 77 8593 8503
Capital need and valuation:
Capital Need: €1,000,000
Pre-Money Valuation: €7,000,000
Financial forecast
Estimated Turnover 2026: €1,000,000
Revenue Model: Product sales of raw material
Previous investments
Founders have invested: €X
External investors: €4 million from Earthworm EIS, Wealth Club and SFC retail investors in UK; first institutional round under way.
Vision and impact
Describe the company's long-term goals and how you contribute to sustainable development (e.g. connection to the UN's Sustainable Development Goals).