Tech Company Financing Transactions
Algenetix Funding Round
Two Oceans and private investors joined a $2 million Series A funding round for Algenetix. The funding round was announced on 4/3/2013.
Transaction Overview
Company Name
Announced On
4/3/2013
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
Two Oceans (Lead Investor)
Proceeds Purpose
With this funding, Algenetix will further advance its PhotoSeed program and develop renewable oils that can sustainably replace petroleum for fuels and chemicals without compromising land and food production resources.
Company Information
Company Status
Acquired or Merged
Industry
Biopharmaceutical
Mailing Address
Undisclosed
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Algenetix is an industrial biotech company incubated from the Kapyon Ventures pipeline. The company develops single cell petrochemical alternatives using its proprietary PhotoSeed technology, which improves lipid productivity in industrial microbes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
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