The company FERMENTALG, specialised in green chemistry and the production of micro-algae for cosmetics, healthcare and animal nutrition, has successfully completed the first biodiesel tests using 7% algae-based biofuel on a mass-produced commercial vehicle.
The vehicle runs on a biofuel which is a mixture of diesel and micro-algae, without any specific adjustments to the vehicle. A first in Europe.
The company (50 employees), has also recently completed its third fundraising action since its creation in 2009.
This time Fermentalg has raised 12 million Euros, allowing the company to develop its production of Omega 3 activity via micro-algae.
(Source: les Echos 18/09/13)