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Algenesis
company
About
Algenesis is a material science and technology company that helps the planet recover from the pollution by-products made from fossil fuels.
- 11 - 50
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $225K
- Industries
- Advanced Materials,Biotechnology,Environmental Engineering,Waste Management
- Founded date
- Jan 1, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Algenesis is a material science and technology company on a mission to help the planet recover from the pollution caused by-products made from fossil fuels. The company is producing renewable polyurethanes from algae and non-food plant oils and partnering with companies to use these materials in surfboards and biodegradable flip flops.Algenesis was established in 2016 and is based in San Diego, CA.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$1.17M
Algenesis has raised a total of
$1.17M
in funding over 2 rounds. Their latest funding was raised on
Sep 10, 2019 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 10, 2019 | Grant | $0.94M | 1 |
National Science Foundation
|
— | Detail |
| Jul 23, 2018 | Grant | $225K | 1 |
National Science Foundation
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
2
1
Algenesis is funded by 1 investors.
National Science Foundation
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
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