--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20261012-microalgae-biostimulants-pna-joint-venture/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Microalgae biostimulants get boost as 2 European firms launch strategic PNA joint venture Publication Date: 2026-10-12T13:00:00-04:00 Last Updated: 2026-10-12T03:21:18-04:00 Author: Timothy Bueno (https://www.fertilizerdaily.com/author/timbueno/) Categories: [Markets](https://www.fertilizerdaily.com/markets/), [Corporate](https://www.fertilizerdaily.com/corporate/), [Specialty](https://www.fertilizerdaily.com/markets/specialty/) ![Microalgae biostimulants get boost as 2 European firms launch strategic PNA joint venture](https://www.fertilizerdaily.com/wp-content/uploads/2026/10/istock-2269037516.jpg) The venture enters the market with CE-marked microalgae biostimulants and is developing products for nutrient-use efficiency and abiotic stress. Phoenix Biosolutions and Portugal's Necton Group have formed PNA, an exclusive joint venture to develop, produce and sell microalgae biostimulants and other microalgae-based inputs for agriculture. The venture, reported by New AG International on October 6, starts with CE-marked biostimulants already cleared for sale under European rules. Financial terms were not disclosed. Necton brings production. Founded in 1997, it runs two industrial microalgae facilities and describes itself as Europe's first industrial microalgae producer, with the continent's largest capacity. Its systems include tubular photobioreactors, vertical reactors, raceways and fermentation. Phoenix contributes enzymatic extraction technology that recovers functional compounds from algal biomass. It also brings regulatory expertise and market access. Two of its founders are former presidents of the European Biostimulants Industry Council. Beyond microalgae biostimulants, PNA is researching products to improve nutrient-use efficiency and crop tolerance to abiotic stress. João Navalho, chief executive of Necton, said Phoenix gives the group the expertise it needed to diversify beyond aquaculture and human nutrition. Phoenix chief executive Carlos Rodríguez-Villa called Necton probably the most relevant microalgae player in Europe. The deal adds to a run of European investment in biological input manufacturing. Belgium's [Zymofix raised €6 million for microbial production](https://www.fertilizerdaily.com/20261002-zymofix-raises-%e2%82%ac6-million-to-scale-microbial-manufacturing-for-agriculture/) earlier this month. Source: [New AG International](https://www.newaginternational.com/agribusiness/phoenix-biosolutions-necton-form-joint-venture-for-microalgae-based-agricultural-solutions/) Tags: [biostimulant](https://www.fertilizerdaily.com/tag/biostimulant/), [crop nutrition](https://www.fertilizerdaily.com/tag/crop-nutrition/), [Europe](https://www.fertilizerdaily.com/tag/europe/), [European Union](https://www.fertilizerdaily.com/tag/european-union/), [joint venture](https://www.fertilizerdaily.com/tag/joint-venture/), [microalgae](https://www.fertilizerdaily.com/tag/microalgae/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.