Fresh funds set Living Ink on path for growth

28/03/2025
Fresh funds set Living Ink on path for growth
Colorado-based innovator Living Ink has announced having closed a $3 million investment round. It will help fund the construction of a pilot pyrolysis plant and significantly reduce the production costs of its Algae Black pigment, which is derived from algae-industry waste.

The company is currently investigating other possible biomass waste sources derived from the food and beverage industries, such as precision fermentation and anaerobic digestion. Its plan is to demonstrate the potential of vertical integration by processing waste feedstocks on-site, which it said, “will significantly reduce costs, offering brands and manufacturers a more affordable path to adopt Algae Ink throughout their supply chains”. It envisions the development of pigment production facilities on or near possible biomass waste suppliers.

Living Ink has also recently been accepted into Cohort 6 of the 100+ Accelerator led by AB inBev and other global partners in the likes of Coca-Cola, Danone, Colgate-Palmolive and Unilever. It is collaborating with AB InBev to transform AB InBev’s waste biomass into sustainable Algae Black pigments.

“After years of developing our idea, intellectual property, and product, we’re now focused on driving down costs and demonstrating market impact,” commented Scott Fulbright, Living Ink Technologies CEO & co-founder.

Living Ink’s Algae Black dry pigment and Algae Ink liquid printing inks have been used to make
trims, packaging and apparel by Ganni, Patagonia, Nike, Coach, New Balance, Kathmandu and O’Neill.

Investors participating in the round include Meliorate Partners, Evergreen Climate Innovations, Savia Ventures, Fashion for Good and Norfolk Green Ventures. The latter focuses its investments on seaweed and blue tech innovation, and has also supported Keel Labs.

Photo courtesy of Living Ink shows samples of Algae Black dry pigment