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Simris pioneers agribusiness w/algae & takes sustainable approach to overfishing & omega-3 demand

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June 28, 2017
by
This Week in Startups
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Simris pioneers agribusiness w/algae & takes sustainable approach to overfishing & omega-3 demand

TL;DR

Algae farming offers a sustainable and healthier alternative to traditional fish oil for omega-3 production.

Transcript

Frederika you have the floor three to go thank you Thank You Tyler so we're moving from tech to food tech actually because what we do is we produce Omega threes omega-3 essential fatty acids it's a huge industry 35 point four point four billion u.s. dollar in 2015 a consumer level and what this mainly is made of is fish oil now fish oil there's a b... Read More

Key Insights

  • 🐟 Overfishing driven by the demand for fish oil is a significant issue affecting the ocean's biodiversity.
  • 🧑‍⚕️ Fish oil contains environmental toxins that pose health risks to consumers.
  • 🐟 Omega-3 fatty acids are originally derived from algae, not fish.
  • ❓ Algae farming is a more sustainable and pure method for producing omega-3 supplements.
  • 📈 Consumer trends and increased demand for transparency drive the company to sell their own branded products.
  • 😒 The company's algae farm uses a unique and sustainable approach, growing algae directly on sunlight.
  • ⚾ Algae-based omega-3 products offer a healthier alternative for those concerned about the environment and purity.

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Questions & Answers

Q: How does algae farming work for omega-3 production?

Algae farming involves growing tiny plants through photosynthesis, capturing carbon dioxide and transforming it into fatty acids with the aid of sunlight or LED light. This sustainable process eliminates the need for fish oil.

Q: What is the difference between traditional algae farming and the company's approach?

The company's algae farm grows algae directly on sunlight, capturing carbon dioxide. This is different from other methods that use enclosed tanks or open raceway ponds. The company's approach ensures a purer product without contaminants.

Q: What are the advantages of algae-based omega-3 products over fish oil?

Algae-based omega-3 products offer a more sustainable and environmentally friendly solution. They are free from environmental toxins such as PCBs, dioxins, and heavy metals found in fish oil. Additionally, algae farming does not contribute to overfishing.

Q: Can algae-based omega-3 products be used in sensitive applications?

Yes, algae-based omega-3 products are suitable for sensitive applications as they guarantee a pure product with no contaminants. This makes them ideal for people who prioritize their health and want a high-quality supplement.

Summary & Key Takeaways

  • Algae farming is a high-tech and sustainable solution for producing omega-3 fatty acids, which are currently sourced from fish oil.

  • Fish oil production contributes to overfishing and causes environmental and health concerns due to the accumulation of toxins in the fish.

  • Algae farming eliminates the need for fish oil by extracting omega-3 from algae, resulting in a more sustainable and pure product.


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