Frutarom invests in algae startup for food, cosmetic products


One of the world's largest flavoring and specialty natural ingredient companies is investing in algae to enhance its food and cosmetic products. Frutarom Industries said on Monday it bought half of a biotech startup called Algalo, which is based on a kibbutz, or communal farm, in northern Israel, that developed a way to efficiently cultivate, harvest and process a variety of algae.



from Biotech News