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Algenesis Materials

Algenesis Materials

Private
San Diego, CaliforniaFrontier & Industrial Techhttps://www.algenesislabs.com/

Last Round

Seed

Oct 26, 2023

Total Funding Raised

$9.99M

Company Overview

Algenesis Materials is a material science company that develops biodegradable polyurethane products from plants and algae.

Sector

Frontier & Industrial Tech

Verticals

Sustainable Materials, Advanced Materials, Circular Economy, Clean Manufacturing

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

biodegradable polyurethaneplant-based polyurethanebioplasticssustainable materialsthermoplastic polyurethaneTPUmicroplastic freeplastic alternativebiodegradable polymerspolyurethane foambio-based materialscompostable materialsalgae-based materialssustainable footwearmaterials sciencecircular economy

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Algenesis Materials Comparables

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Algenesis Materials comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Matereal
86%
KUORI
81%
Algreen
79%

Algenesis Materials Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedOct 26, 2023
GrantJan 26, 2023

Algenesis Materials Investors

Notable investors and investment history

Algenesis Materials investors
InvestorRounds
Circulate CapitalSeed
Department of EnergyGrant
MIH Capital ManagementSeed
First Bight VenturesSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 26, 2023

    $5M raised with lead investors Circulate Capital and First Bight Ventures.

  • Jan 26, 2023

    Secured $5M from the Department of Energy.

Algenesis Materials Filings

SEC and related filings with document metadata.

Data table
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Algenesis Materials Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSan Diego, California
Employee Range23
Year Founded2016
Last FundingOct 26, 2023

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