The invention disclosed herein relates to an ultra high intensity micro algal bioreactor designed to minimize the area foot print while completely controlling and optimizing the conditions for growing one or more specific strains of micro algae at maximum efficiency and minimum cost. The innovative bioreactor is in the form of an algae growing assembly that comprises a plurality of growing trays vertically stacked together and retained within a transparent housing. Each growing tray is configured to flowingly transport nutrient enriched water to the growing tray positioned immediately beneath it. Each growing tray is composed of a stiff transparent plastic sheet having a pliable transparent gas permeable membrane affixed thereon. A carbon dioxide gas infusion system is fluidicly connected to each of the plurality of growing trays such that carbon dioxide gas is able to (1) inflate respective carbon dioxide gas chambers, and (2) diffuse into the nutrient enriched water.