Bordeaux Finance

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NeoEarth closes over €1M Seed round to accelerate the microalgae market with ultra-productive strains

Communiqué de presse - 02/09/2025

The deeptech startup NeoEarth, specialized in developing high-yield microalgae strains, announces the closing of a €1.025M Seed round. The funding was led by First Imagine! (UK) with the support of Newfund, Techmind (historical investors) and Climate Club. This round will allow NeoEarth to move into a new laboratory in Canéjan (Bordeaux area), acquire state-of-the-art equipment, and recruit new talent to speed up the commercialization of its high-value strains.

Microalgae, a key lever for decarbonizing industry One in two breaths depends on oxygen produced by phytoplankton and microalgae. Through aquatic photosynthesis, they play a central role in global CO₂ capture. Cultivated in controlled environments, they convert light, CO₂, and nutrients into biomass. This biomass enables the production of proteins, lipids, natural pigments, and biomaterials for sectors such as nutrition, cosmetics, aquaculture, and biofuels. The global microalgae market is booming, expected to reach $24.4 billion by 2030 (+8% CAGR). Yet current production remains insufficient to meet growing demand. NeoEarth’s answer: new-generation microalgae capable of at least doubling the productivity of producers in molecules of interest.
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