Company Overview
Snapshot
Founded in December 2016 by Isaac Berzin and Sam Couture, Vaxa Technologies operates with 11–50 employees. The company has secured funding across two rounds from DIC Corporation and holds a patent for its technology.
Business overview
Vaxa Technologies specializes in sustainable indoor cultivation of microalgae, developing patented technology to produce omega-3 fatty acids, proteins, and colorants. Its process aims to enhance yield and reduce production costs, delivering high-quality food ingredients with superior organoleptic and functional properties. The company operates within the Agriculture & Food Technologies sector, focusing on areas like sustainable proteins, precision agriculture, and novel food ingredients, serving markets globally.
Strategic signal
In January 2024, Vaxa Technologies announced a pioneering partnership with Oterra to develop sustainable color derived from Icelandic microalgae. This collaboration highlights Vaxa's continued innovation in leveraging microalgae for high-value products and signals a strategic move towards expanding its market reach and product applications within the food and beverage industry, validating its technology for sustainable ingredient solutions.
Company Intelligence Q&A
- What is Vaxa Technologies' core business?
- Vaxa Technologies develops patented technology for the sustainable indoor cultivation of microalgae to produce omega-3 fatty acids, proteins, and colorants, focusing on improving yield and reducing production costs for high-quality food ingredients.
- When was Vaxa Technologies founded?
- Vaxa Technologies was founded in December 2016.
- Which company invested in Vaxa Technologies?
- In April 2021, DIC Corporation invested in Vaxa Technologies.
- What was a significant recent partnership for Vaxa Technologies?
- In January 2024, Vaxa Technologies partnered with Oterra to develop sustainable color derived from Icelandic microalgae, showcasing innovation in sustainable ingredient solutions.
- What products does Vaxa Technologies offer?
- Vaxa Technologies offers products such as Orlo and UltraNanno, which are derived from its microalgae cultivation technology.