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University of Technology Sydney: $1.4 Million to Scale Algae Biotechnology
May 21, 2026
SYDNEY, Australia, May 21 -- The University of Technology Sydney issued the following news:

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$1.4 million to scale algae biotechnology

Biotechnology start-up Algenie has won a major national grant to commercialise its biomanufacturing platform.

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Algenie has been awarded $1.4 million through the Australian Government's Industry Growth Program to scale their breakthrough technology that removes carbon from the air and lock . . .

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