FundedIQ
Biotechnology

PALGAE: Funding, Investors & Team (Nov 2026)

Palgae uses algae to absorb CO2 from the atmosphere and stores it in the raw materials it makes.

palgae.earth LinkedIn Istanbul, Turkey 1-10 employees Founded 2024
Total raised
$500k
Rounds
1
Latest
Pre-Seed
Aug 2026

PALGAE has raised $500k across 1 funding round on record, the most recent a Pre-Seed of $500k announced in Aug 2026.

That round is below the $1.3M median round size for Turkey companies tracked on FundedIQ over the last two years.

PALGAE Company Profile and Key Stats

Total funding raised
$500k
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$500k in Aug 2026
Employees
1-10
reported band
Founded
2024
Headquarters
Istanbul, Turkey

Latest funding round on record: Aug 2026.

PALGAE Funding Rounds

Date
Round
Amount
Pre-Seed
$500k

PALGAE Founders and Leadership Team

Name
Role
Contact
Eylul Er
Chief Executive Officer & Founder
Locked
Sezer Acar
Co-Founder, CTO
Locked

Contact details for the PALGAE team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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PALGAE Funding in Context

Segment
Companies
Median round
390
$1.3M
6,117
$600K

PALGAE's latest round of $500k is below the median round in Turkey. Medians cover the last 24 months of disclosed rounds.

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PALGAE Funding FAQs

What does PALGAE do?

Palgae uses algae to absorb CO2 from the atmosphere and stores it in the raw materials it makes.

How much funding has PALGAE raised?

PALGAE has raised $500k across 1 round on record. The most recent is a Pre-Seed of $500k announced in Aug 2026.

When did PALGAE last raise funding?

PALGAE's most recent funding round on record is a Pre-Seed of $500k, announced in Aug 2026.

Who founded PALGAE?

FundedIQ lists Eylul Er (Chief Executive Officer & Founder), Sezer Acar (Co-Founder, CTO) at PALGAE.

Where is PALGAE headquartered?

PALGAE is based in Istanbul, Turkey.

How many employees does PALGAE have?

PALGAE is in the 1-10 employee band.

When was PALGAE founded?

PALGAE was founded in 2024.

About FundedIQ's PALGAE Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PALGAE is left off this page rather than filled in.

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