Algalife Overview
- Founded
- 2016
- Status
- Private
- Latest Deal Type
- Accelerator/Inc
- Latest Deal Amount
- $150K
- Investors
- 4
Algalife General Information
Description
Developer of pigments and fibers from algae designed to create biotech textiles. The company's algae-based textiles contain proteins and vitamins with anti-inflammatory and antioxidant properties, offering moisture and protection to the skin and body and are 100% chemicals and pesticide-free, enabling users to wear clothes made from algae apparel that releases anti-oxidants, vitamins and other nutrients to the skin.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Plant Textiles
Other Industries
Clothing
Primary Office
- Baseler Strasse 13
- 12205 Berlin
- Germany
Algalife Timeline
Algalife Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Accelerator/Incubator | 20-Nov-2019 | $150K | 00000 | 00.000 | Completed | Generating Revenue |
| 2. Seed Round | 26-Aug-2019 | Completed | Generating Revenue | |||
| 1. Grant | 03-Apr-2018 | $185K | Completed | Generating Revenue |
Algalife Executive Team (2)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Renana Krebs | Co-Founder & Chief Executive Officer | ||
| Oded Krebs Ph.D | Co-Founder & Chief Technology Officer |
Algalife Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Katapult Ocean | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Closed Loop Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Plug and Play Tech Center | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| H&M Foundation | Limited Partner | 000 0000 | 000000 0 |