DN Group's Algene Subsidiary Achieves First Microalgae Harvest, Initiates Series Production

Algene Holding SE, a subsidiary of DN Group AG (ISIN: DE000A3DW408), announced the first harvest of high-purity microalgae, marking a milestone in scaling its operations. The company achieved a total yield of 4,500 liters of microalgae raw material, intended for quality-critical products in the cosmetics, food, and potentially pharmaceutical industries. The production platform, developed in cooperation with the Technical University of Munich, has now transitioned from up-scaling to series production.

Algene has entered extensive talks with renowned cosmetics companies for the purchase of microalgae. The initial delivery to a leading German cosmetics manufacturer is imminent, with the biomass used primarily for laboratory tests and validation of active ingredients. This first delivery underscores the high quality of Algene's material and market acceptance.

The market for algae as a strategic resource for food and bio-raw materials is growing dynamically. According to the EU Commission, the European market is projected to reach approximately 9 billion euros by 2030. Algae are considered a key building block of the bioeconomy. Algene Holding is positioning itself as an industrial platform for controlled microalgae production, targeting markets such as nutrition & food, cosmetics, life sciences, and aquaculture.

Ole Nixdorff, CEO of DN Group, stated: "For Algene, the start of series production is an important milestone. The market for microalgae is growing rapidly and offers enormous potential. The high level of interest underlines the high quality of the Algene material and the good market acceptance. As a shareholder in Algene, DN Group participates in this future market."

DN Group AG invests in impact companies with high growth opportunities in future industries such as AI, mobility, circular economy, food, health, and energy, and supports them in successful IPOs. The company is a leading provider of IPO and capital market transaction advice, connecting fast-growing ESG companies with international institutional investors. More information can be found at www.dn-ag.com.

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