Delivering Financial & Operational Modeling and Investment Readiness for Gender-Transformative Smallholder Algae Farming

Challenge

EnerGaia, a Thailand-based food-tech startup producing spirulina, explored expansion into low-income markets to support livelihoods, reduce carbon impact, and scale supply.

Approach

TMA developed a financial and impact model to position the venture for impact investors and donors, assessing scalability across Southeast Asia, adapting technology to local contexts, and building an evidence-based investment case.

Results