Spira
Company

Last deal

Amount

Non-equity Assistance

Stage

23.08.2021

Date

7

all rounds

$410.4K

Total amount

General

About Company
Spira creates industrial ingredients from cyanobacteria that replace petroleum and animal compounds.

Industry

Sector :

Subsector :

Keywords :

founded date

18.04.2016

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

The company has developed a source of food-safe dye through years of product development. Spira uses CRISPR-edited carbon-negative algae grown by a global network of farming partners to produce algae-based ingredient replacements for petroleum-based colors and animal proteins. Their products and services help improve human and planetary health by providing essential protein, vitamins, and minerals. Spira's ingredients have been piloted with various brands in the beverage, alcohol, cosmetic, textile, candy, and confectionery industries.