Karnataka Microalgae Biotechnology Startup Novalgae Closes Seed Round to Turn Ballari’s Arid Land into High-Value Spirulina Farms
Bengaluru, (Karnataka) [India] July 07 2026: Bengaluru-based microalgae biotechnology startup Novalgae Private Limited has closed an undisclosed seed round from three angel investors to expand its community spirulina farming programme in Ballari District, Karnataka, targeting 150 tons of annual production by 2027. Founded by brothers Siva Sankar and Atul Ghosh, Novalgae is working with smallholder…