Alga Biosciences
PrivateLast Round
Seed
Apr 6, 2023
Total Funding Raised
$4.5M
Company Overview
Alga Biosciences is a biotechnology company founded in 2021 that develops algae-based feed additives to reduce methane emissions from cattle. The company's mission is to combat climate change by targeting enteric fermentation, a major source of methane, a potent greenhouse gas. Its feed supplement has been shown to reduce methane output by up to 97% in beef cattle. Alga Biosciences participated in the Y Combinator accelerator's Winter 2022 batch and has secured venture funding from investors including Collaborative Fund, Day One Ventures, and others. The company is focused on scaling production and conducting commercial pilots with cattle owners.
Sector
Energy & Sustainability
Verticals
Biotechnology, Carbon Capture, Sustainable Materials
Business Model
B2B
Customer Profile
Hardware Sales, Government Contracts, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Alga Biosciences Comps
Public and private peers based on sector, stage, and business model.
Alga Biosciences Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Apr 6, 2023 | ||||
| Accelerator | Mar 29, 2022 |
Key People
Founding team and executive leadership
Alga Biosciences Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Pioneer Fund | Seed |
| Helium-3 Ventures | Seed |
| Collaborative Fund | Seed |
| Cool Climate Collective | Seed |
| Y Combinator | Seed, Accelerator |
| Rebel Fund | Seed, Accelerator |
| Day One Ventures | Seed |
Alga Biosciences Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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