Qualitas Health announced it has secured $10 million in venture funds at a $73 million post-money valuation. The investment round is being led by foodTech investor PeakBridge VC, Malta, together with Arancia Group, and additional private investors. Additional convertible notes held by Minrav Holdings, Sasa, Trucent and other single investors are converted to equity.

Qualitas Health is a food and nutrition company and a leader in algae cultivation. Qualitas has developed a proprietary platform to launch fully sustainable, vegan, algae-based nutritional products at scale.