Algaennovations

Startup
Summarized by Halo AI

Vaxa is a food and climate technology company that uses a patented, geothermal-powered indoor platform to produce sustainable, carbon-negative microalgae rich in protein and Omega-3 for the food, feed, and health sectors.

Founded & HQ
Rosh Pinna, Israel
Company size
11-50 employees
Funding
~$370M
IP status
20 patents filed · 1 grant confirmed
Activity highlights
Partnered with Phibro Animal Health Corporation to launch the Verratain product line of low-carbon microalgae solutions.

Vaxa Technologies, formerly known as Algaennovation, has developed an innovative Energy-to-Food (E2F) platform that utilizes patented, bio-secured indoor technology to cultivate microalgae. By integrating this system with geothermal energy sources in Iceland, the company transforms renewable energy and waste streams into high-quality, protein- and Omega-3-rich algae. This indoor production process is managed by machine learning to optimize growth conditions, allowing for year-round, consistent, and pathogen-free harvests while utilizing less than 1% of the land and freshwater required by traditional agricultural methods.

The company's technology provides a carbon-negative solution that addresses global food security and sustainability challenges. Vaxa serves various sectors, including aquaculture—by providing fresh, live algae to hatcheries and fisheries to boost juvenile immune systems—as well as the food and nutrition industries, by offering sustainable protein and natural colorants. By decoupling food production from finite natural resources, Vaxa enables partners to decarbonize their supply chains and improve nutritional outcomes through a circular, climate-positive production model.

AI summary generated on Jun 22, 2026
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YZ
Yaeli Zohar
VP Business Development & Sales
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