New Technology Turns Waste Algae into Biochemicals
Gen3Bio transforms waste algae into an ongoing revenue stream using enzymolysis technology licensed from The University of Toledo in Ohio. Since October 2016, the company has been headquartered at the Kurz Purdue Technical Center at Purdue University in West Lafayette, Ind., where it also is a client of the Purdue Foundry.
Seeking ways to maximize the value of microalgae as a biofeedstock, the company developed a process to extract basic biochemical—fats, sugars, and proteins.