22 Jun 2020 --- French microalgae player Fermentalg has signed a multi-year technological, industrial, and commercial development agreement with the US industrial group DDW to bring Blue Origins, the natural blue color developed by Fermentalg, to market. The move is expected to substantially strengthen Fermentalg’s financial resources to complete its strategic development plan as consumers lean toward naturality, healthful ingredients and environmental protection. As well as this, Fermentalg has secured financing of at least €19 million (US$21.2 million) until the end of 2022 to fund the industrial scale-up of its product portfolio.
