Aurora Algae Overview
- Year Founded
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2006
- Status
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Acquired/Merged
- Employees
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100
- Latest Deal Type
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M&A
- Investors
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1
Aurora Algae General Information
Description
Developer of a photosynthetic algae-based platform designed for the pharmaceutical, nutrition, aquaculture and fuels markets. The company's proprietary algae strains and production process uses arid land, seawater and captured carbon pollution from industrial emitters resulting in capitally efficient and environmentally sustainable algae farming, thereby enabling customers and partners to improve the diversity and sustainability of their product portfolios while addressing consumer demand for natural products.
Contact Information
Corporate Office
- 3325 Investment Boulevard
- Hayward, CA 94545
- United States
Corporate Office
- 3325 Investment Boulevard
- Hayward, CA 94545
- United States
Aurora Algae Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 01-Jan-2015 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 01-Apr-2013 | Completed | Generating Revenue | |||
| 7. Grant | 27-Sep-2012 | Completed | Generating Revenue | |||
| 6. Debt - General | 31-Dec-2011 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B1) | 15-Aug-2011 | Completed | Generating Revenue | |||
| 4. Grant | 01-Mar-2011 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 07-Oct-2010 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 20-Mar-2007 | $5M | $5M | Completed | Startup | |
| 1. University Spin-Out | 01-Jan-2006 | Completed | Startup |
Aurora Algae Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B1 | ||||||||
| Series A2 | ||||||||
| Series A1 | 22,020,056 | $0.001000 | $0.68 | $1 | $1 | 1x | $1 | 16.31% |
Aurora Algae Comparisons
Industry
Financing
Details
Aurora Algae Competitors (5)
One of Aurora Algae’s 5 competitors is Algisys, a Venture Capital-Backed company based in Cleveland, OH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Algisys | Venture Capital-Backed | Cleveland, OH | ||||
| BioTork | Venture Capital-Backed | Gainesville, FL | ||||
| PhycoTerra | Corporate Backed or Acquired | Gilbert, AZ | ||||
| Perpetual Biotechnologies | Formerly Angel backed | Nicosia, Cyprus | ||||
| Agrivida | Formerly VC-backed | Boston, MA |
Aurora Algae Patents
Aurora Algae Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20160017352-A1 | Algal strain with reduced beta glucan synthase activity | Inactive | 16-Jul-2014 | ||
| CA-2905846-A1 | Algal oil compositions | Inactive | 15-Mar-2013 | ||
| EP-2970817-A1 | Algal oil compositions | Inactive | 15-Mar-2013 | ||
| US-20140275483-A1 | Algal oil compositions | Inactive | 15-Mar-2013 | ||
| WO-2014151110-A1 | Algal oil compositions | Inactive | 15-Mar-2013 | A23L17/60 |
Aurora Algae Signals
Aurora Algae Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Gabriel Venture Partners | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Noventi | Family Office | Minority | ||
| Oak Investment Partners | Venture Capital | Minority |
Aurora Algae FAQs
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When was Aurora Algae founded?
Aurora Algae was founded in 2006.
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Where is Aurora Algae headquartered?
Aurora Algae is headquartered in Hayward, CA.
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What is the size of Aurora Algae?
Aurora Algae has 100 total employees.
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What industry is Aurora Algae in?
Aurora Algae’s primary industry is Other Materials.
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Is Aurora Algae a private or public company?
Aurora Algae is a Private company.
-
What is Aurora Algae’s current revenue?
The current revenue for Aurora Algae is .
-
How much funding has Aurora Algae raised over time?
Aurora Algae has raised $111M.
-
Who are Aurora Algae’s investors?
, Gabriel Venture Partners, , Noventi, and Oak Investment Partners are 5 of 6 investors who have invested in Aurora Algae.
-
Who are Aurora Algae’s competitors?
Algisys, BioTork, PhycoTerra, Perpetual Biotechnologies, and Agrivida are competitors of Aurora Algae.
-
When was Aurora Algae acquired?
Aurora Algae was acquired on 01-Jan-2015.
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Who acquired Aurora Algae?
Aurora Algae was acquired by Reliance Industries.
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