Algenesis Labs Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 22

Employees

  • Latest Deal Type
  • Angel

  • Investors
  • 24

Algenesis Labs General Information

Description

Operator of a materials science and technology company that manufactures renewable and biodegradable plastic from plants. The company develops biodegradable polyurethane products that generate no persistent microplastics, enabling companies to address the global plastic pollution crisis by redesigning plastic materials.

Contact Information

Formerly Known As
Arctic Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 11760 Sorrento Valley Road
  • Suite J
  • San Diego, CA 92121
  • United States
+1 (206)
Primary Industry
Biotechnology
Other Industries
Other Consumer Non-Durables
Corporate Office
  • 11760 Sorrento Valley Road
  • Suite J
  • San Diego, CA 92121
  • United States
+1 (206)

Algenesis Labs Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Algenesis Labs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
18. Angel (individual) 01-Jun-2026 Completed Generating Revenue
17. Later Stage VC (Series 2) 18-Oct-2024 Completed Product Development
16. Grant 01-Jul-2024 Completed Generating Revenue
15. Accelerator/Incubator 01-Jan-2024 Completed Product Development
14. Later Stage VC (Series 1) 21-Nov-2023 Completed Product Development
13. Accelerator/Incubator 01-Jul-2023 Completed Product Development
12. Grant 01-Jan-2023 Completed Product Development
11. Grant 01-Jan-2023 Completed Product Development
10. Later Stage VC 11-Jul-2022 $3.22M $24.2M Completed Product Development
9. Grant 01-Jan-2022 $200K $21M Completed Generating Revenue
To view Algenesis Labs’s complete valuation and funding history, request access »

Algenesis Labs Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed 2
Seed 1
Seed 779,078 $0.000100 $5 $5 1x $5 19.66%
To view Algenesis Labs’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Algenesis Labs Patents

Algenesis Labs Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4784654-A2 Biodegradable bio-based polyurethanes Pending 27-Sep-2023
US-20260217896-A1 Biodegradable bio-based polyurethanes Pending 27-Sep-2023
WO-2025072565-A2 Biodegradable bio-based polyurethanes Inactive 27-Sep-2023
WO-2025072565-A3 Biodegradable bio-based polyurethanes Inactive 27-Sep-2023
EP-4469500-A2 Renewable low viscosity algae-based polyester-polyols for biodegradable thermoplastic polyurethanes Pending 25-Jan-2022 C08G18/4236
To view Algenesis Labs’s complete patent history, request access »

Algenesis Labs Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Algenesis Labs Investors (24)

Investor Name Investor Type Holding Investor Since Participating Rounds
NuFund Venture Group Angel Group Minority
United States Department of War Government
Change Chemistry Accelerator/Incubator
Alliance of Angels Angel Group Minority
Band of Angels Angel Group Minority
You’re viewing 5 of 24 investors. Get the full list »

Algenesis Labs FAQs

  • When was Algenesis Labs founded?

    Algenesis Labs was founded in 2016.

  • Where is Algenesis Labs headquartered?

    Algenesis Labs is headquartered in San Diego, CA.

  • What is the size of Algenesis Labs?

    Algenesis Labs has 22 total employees.

  • What industry is Algenesis Labs in?

    Algenesis Labs’s primary industry is Biotechnology.

  • Is Algenesis Labs a private or public company?

    Algenesis Labs is a Private company.

  • What is Algenesis Labs’s current revenue?

    The current revenue for Algenesis Labs is .

  • How much funding has Algenesis Labs raised over time?

    Algenesis Labs has raised $32.2M.

  • Who are Algenesis Labs’s investors?

    NuFund Venture Group, United States Department of War, Change Chemistry, Alliance of Angels, and Band of Angels are 5 of 24 investors who have invested in Algenesis Labs.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process