|By Marketwired .||
|May 21, 2014 04:16 AM EDT||
LIBOURNE, FRANCE -- (Marketwired) -- 05/21/14 -- Fermentalg (EURONEXT PARIS: FALG), an industrial biotechnology company that specializes in the production of oils and proteins derived from microalgae, has won Cleantech Group's Standout Fundraising Achievement of the Year Award which recompenses a cleantech company for its bold, innovative or exemplary execution in attracting new financing.
Having compared the merits of numerous companies across Europe and Israel, the analysts at Cleantech Group have wished to reward the dynamism of Fermentalg, especially for its success in securing private investment of EUR 12 million followed by EUR 40 million in financing from its IPO on Euronext Paris in April in the space of 9 months.
Fermentalg was presented the Award at the Gala Dinner of the 10th European Cleantech Forum which was held for the first time this year in Stockholm (Sweden) from the 19th to the 21st of May.
For Pierre Calleja, Founder and Chairman and CEO of Fermentalg: "We are proud to have received this Award from an institution like Cleantech Group that is a benchmark in clean technologies and sustainable development. Like the Cleantech Award from the AFIC in 2011 or the Pierre Potier Award from the UIC in 2012, it comes in recognition of the excellent work carried out by our teams in all sectors and the incredible achievements by our company since it was founded in 2009."
For Paul Michalet, Chief Finance, Strategy & Business Officer: "The two structural operations have given Fermentalg the means to achieve its industrial and commercial ambitions, both at its own initiative and through its partnerships. We are very proud to see our company's dynamism recognized by the Cleantech specialists' international community."
Founded in 2009 by Pierre Calleja, Fermentalg is an industrial biotechnology company that specializes in producing sustainable oils and proteins derived from the exceptional properties of microalgae. Its patented technology allows it to target a range of fast-growing global markets, from nutrition and animal feed to cosmetics and health, green chemistry and energy. Fermentalg has already signed its 1st industrial and commercial joint-venture for the production of Omega-3 oils rich in EPA and DHA as well as several other partnerships with leading industrial groups. Fermentalg shares are listed on Euronext in Paris (FR0011271600 - FALG). For more information, visit the Fermentalg website at: www.fermentalg.com.
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