Bionavitas, Blue Marble Cut Algae Deal

10/9/09

Redmond, WA-based Bionavitas, the developer of light technology to grow more efficient algae, said today it has formed a partnership with Seattle-based Blue Marble Energy to make “high margin biochemicals” from algae. The companies didn’t say what they plan to make under this alliance, but it’s not biofuels. Bionavitas CEO Michael Weaver explained the company’s business strategy in depth to Xconomy back in May, when he said the company was more focused on using algae to make food additives, and for toxic cleanup, than for biofuels.

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