# Algaeing

**Source:** https://www.startuphub.ai/startups/algaeing
**Profile type:** Startup

> Develops eco-positive, scalable solutions for textile fiber and fabric dyeing.

## About

Algaeing is an innovative startup focused on transforming the textile industry with sustainable solutions. They specialize in formulating eco-positive and scalable methods for manufacturing fibers and dyeing fabrics using algae-based technologies. Their mission is to contribute to a more environmentally conscious manufacturing process.

## Key facts

- **Slug:** algaeing
- **Website:** https://www.algaeing.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2016-01-20 00:00:00
- **Employees:** 7
- **Operating status:** Active
- **Total funding:** $12M
- **Sectors / tags:** Textile, Manufacturing, Algae, Advanced Manufacturing & Materials, Climate Tech, Sustainability, Textile Manufacturing, Biotechnology, Circular Economy
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/algaeing/
  - GitHub: https://github.com/wix
  - Facebook: https://www.facebook.com/algaeing

## Frequently asked

### What does Algaeing do?

Algaeing is an innovative startup focused on transforming the textile industry with sustainable solutions. They specialize in formulating eco-positive and scalable methods for manufacturing fibers and dyeing fabrics using algae-based technologies. Their mission is to contribute to a more environmentally conscious manufacturing process. (formerly Algalife.)

### What is Algaeing's valuation?

StartupHub estimates Algaeing's effective valuation at $49.2M (range $30.0M to $72.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Algaeing raised?

Algaeing has raised a total of $12M in funding. The most recent round on record is Seed.

### Where is Algaeing headquartered?

Algaeing is headquartered in Tel Aviv, Israel.

### When was Algaeing founded?

Algaeing was founded in 2016.

### What industry does Algaeing operate in?

Algaeing operates in Textile, Manufacturing, Algae, Advanced Manufacturing & Materials, Climate Tech, Sustainability.

### How many employees does Algaeing have?

Algaeing has approximately 7 people on record.

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