Manta Biofuel
2014
FOUNDED
PRIVATE
STATUS
1-10
EMPLOYEES
Accelerator/Inc
LATEST DEAL TYPE
8
INVESTORS
Description
Producer of algae-based renewable crude oil designed to offer renewable energy inspired by nature. The company's oil is produced by converting algal biomass through hydrothermal liquefaction (HTL) process for usage in petroleum and refinery applications, enabling users to get cost-competitive, renewable replacement for crude oil.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Energy Production
Primary Office
- 701 East Pratt Street
- Baltimore, MD 21202
- United States
+1 (410) 000-0000
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Manta Biofuel Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Accelerator/Incubator | 06-Feb-2017 | 00000 | Completed | Generating Revenue | ||
| 5. Grant | 21-Jun-2016 | 000 | 00000 | Completed | Generating Revenue | |
| 4. Early Stage VC | 01-Jan-2016 | 00000 | 00000 | Completed | Generating Revenue | |
| 3. Seed Round | 19-Oct-2015 | 00000 | 00000 | Completed | Startup | |
| 2. Grant | 01-Jan-2015 | $530K | Completed | Startup | ||
| 1. Grant | 01-Jan-2014 | $40K | Completed | Startup |
Manta Biofuel Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Bethesda Green | Accelerator/Incubator | 000 0000 | 000000 0 | |||
| Chesapeake Bay Seed Capital Fund | Other | Minority | 000 0000 | 000000 0 | ||
| Institute of Marine and Environmental Technologies REEF program | Other | 000 0000 | 000000 0 | |||
| Invest Maryland Challenge | Government | 000 0000 | 000000 0 | |||
| Maryland Department of Natural Resources | Other | 000 0000 | 000000 0 |