Biotech firm gets £2.5 million funding boost for Grangemouth facility
The funding will help MiAlgae scale output and add jobs as it turns whisky by-products into a plant-based Omega-3 alternative.
6 Articles
6 Articles
Biotech firm gets £2.5 million funding boost for Grangemouth facility
Scottish biotech company MiAlgae has secured a £2.5 million investment from the Scottish National Investment Bank to support the company’s new commercial-scale production facility in Grangemouth.
Biotech firm MiAlgae secures £2.5m for Grangemouth facility
A SCOTTISH biotech firm has secured a £2.5m investment to support a new commercial-scale production facility in Grangemouth. MiAlgae has received the funding injection from the Scottish National Investment Bank to scale up its operations. The company focuses on producing an Omega-3 powder using by-products generated from the whisky distilling process. This provides a plant-based […]
MiAlgae lands £2.5 million for Grangemouth plant
Scottish National Investment Bank funding will scale commercial production and boost employment. Scottish biotech company MiAlgae has secured a £2.5m investment from the Scottish National Investment Bank. This funding is allocated to support the company’s new commercial-scale production facility located in Grangemouth, with the announcement made on 6 October 2026. MiAlgae specialises in producing an […]
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