Nutra futures
TerraVia: Riding the algae wave
TerraVia's public parent company Solazyme has raised $119m (€108.31m) so far for the food, nutrition and specialty ingredients company that harnesses the power of algae.
Pacer said the San Francisco-based company was selected because of the diverse set of applications its algae-alternative could be used for ranging from baking to supplements to skin care to pet food.