Algae Cooking Club raises $11.6M for its algae-based cooking oils
What's the deal? Algae Cooking Club (ACC), a Los Angeles-based maker of chef-grade cooking oils derived from algae, has raised $11.6 million in fresh funding.
The round surfaced via a Form D filed with the Securities and Exchange Commission on June 8.
Founded in 2023 by Kasra SaidiDealroom has a profile for this one. Try Dealroom →, ACC sells a line of oils built around a single hero ingredient: algae.
Why now? The brand is betting on a clear pitch to home cooks and professionals alike.
Its oil boasts a high smoke point of 535°F, a full set of omega-9 fats, and a low environmental footprint compared with conventional oils.
What could go wrong? Algae-based products remain niche, and convincing shoppers to swap familiar olive or seed oils is no easy feat.
Premium positioning also means a higher price point, which can limit reach in a crowded grocery aisle.
The signal: ACC's early-stage round reflects continued investor appetite for better-for-you, sustainability-driven food brands, with the company leaning on its algae oil's high smoke point and omega-9 profile to court chefs and health-conscious cooks. The challenge will be convincing shoppers to pay a premium and trade familiar olive and seed oils for a still-niche ingredient.
Read more: Nosh
