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Algae Health

Description

Developer of bio-active molecules designed to support human health. The company's bio-active molecules are nutritional compounds made from microalgae under specific conditions through the use of proprietary processing technology to optimize specific bio-active yields and can be extracted using CO2 supercritical extraction, which produces a high purity extract without the use of chemical solvents, enabling nutraceutical, food and cosmetic industries to reduce cholesterol disease, dyspepsia, Alzheimer's and Parkinson's diseases among humans.

2009

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$1.87M

Total Amount Raised

4

Investors

Description

Developer of bio-active molecules designed to support human health. The company's bio-active molecules are nutritional compounds made from microalgae under specific conditions through the use of proprietary processing technology to optimize specific bio-active yields and can be extracted using CO2 supercritical extraction, which produces a high purity extract without the use of chemical solvents, enabling nutraceutical, food and cosmetic industries to reduce cholesterol disease, dyspepsia, Alzheimer's and Parkinson's diseases among humans.

Website:

www.algaehealth.ie

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Biotechnology

Other Industries

Pharmaceuticals

Primary Office

Unit 6 Claregalway Corporate Park Claregalway Galway Ireland +353 (0)91 739 339
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Algae Health Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Algae Health Investors (4)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
ACT Venture CapitalVenture CapitalMinority000 0000000 0000
Enterprise Equity Venture CapitalVenture CapitalMinority000 0000000 0000
Údarás Na GaeltachtaGovernmentMinority000 0000000 0000
Western Development CommissionVenture CapitalMinority000 0000000 0000
ACT Venture Capital Venture Capital
Enterprise Equity Venture Capital Venture Capital
Údarás Na Gaeltachta Government
Western Development Commission Venture Capital

Algae Health Executive Team (1)

NameTitleBoard
Seat
Contact
Info
Edward McHughFounder & Managing Director
Edward McHugh Founder & Managing Director

Algae Health Board Members (1)

NameRepresentingRoleSinceContact
Info
Joe Dunne Ph.DSelfDirector000 0000
Joe Dunne Ph.D Director Self
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