Algenesis Labs

📍 San Diego, United States🗓 Founded 2016👥 23 employees💰 Last funded Jul 2024
Biotechnology Research🌐 algenesismaterials.com
Website LinkedIn
Our scientists redesigned plastic materials to harmonize with nature. Our patented Soleic® technology is the world’s first high performance, renewable, and fully biodegradable plastic material made from algae. Algenesis was founded in 2016 by three professors from UC San Diego, Dr. Stephen Mayfield, Dr. Micheal Burkart, and Dr. Robert Pomeroy. Together they combined their knowledge and background and worked their way into the polymer market where customers had an unmet sustainability need. Traditional petroleum plastics are responsible for a tidal wave of air, land, and sea pollution that is destroying ecosystems and harming wildlife. Soleic® technology was developed to address this global plastic pollution crisis. Our initial product line consists of soft foams for footwear and hard foams for surfboards. We continue to research new applications for Soleic® technology. Algenesis is also developing new technologies with exciting product applications across multiple industries
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Total investors
0
Early stage
0
Mid stage
1
Late stage
2016
Founded

Investors

1 investors
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Mid stage
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Investor geography1 country
France
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Frequently asked questions
Who invested in Algenesis Labs?
Algenesis Labs has 1 investors on record on gritt.io and 1 late-stage investors.
When did Algenesis Labs last raise funding?
The most recent investment in Algenesis Labs recorded on gritt.io was in July 2024.
When was Algenesis Labs founded?
Algenesis Labs was founded in 2016.
What industry is Algenesis Labs in?
Algenesis Labs operates in Biotechnology Research. Find similar Biotechnology Research investors on gritt.io.
Where is Algenesis Labs based?
Algenesis Labs is headquartered in San Diego, United States.