FRANKFURT AM MAIN, GERMANY - DN Group AG (ISIN: DE000A3DW408) announced that its subsidiary Algene Holding SE has achieved a significant milestone with the first harvest of high-purity microalgae, yielding 4,500 liters. The microalgae raw material is intended for quality-critical applications in the cosmetics and food industries, with potential use in the pharmaceutical sector as well.
The Algene platform, developed in collaboration with the Technical University of Munich, has successfully scaled up and is now commencing series production. Algene has already engaged in extensive discussions with well-known cosmetics companies, and the first delivery to a leading German cosmetics manufacturer is imminent. This initial biomass will be used primarily for laboratory tests and validation of active ingredients.
The market for algae as a strategic resource is experiencing dynamic growth. According to the EU Commission, the European market alone is projected to reach approximately 9 billion euros by 2030. Algae are considered a key component of the bioeconomy, and Algene Holding is positioning itself as an industrial platform for controlled microalgae production, targeting markets such as nutrition, food, cosmetics, life sciences, and aquaculture.
Ole Nixdorff, CEO of DN Group, stated: "For Algene, the start of series production is an important milestone. The market for microalgae is growing rapidly and offers enormous potential. The high level of interest underlines the high quality of the Algene material and the good market acceptance. As a shareholder in Algene, DN Group participates in this future market."
DN Group AG invests in impact companies with high growth opportunities in future industries such as AI, mobility, circular economy, food, health, and energy, supporting them in successful IPOs. The company is a leading provider of IPO and capital market transaction advice, connecting fast-growing ESG companies with international institutional investors.
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