Algenesis Labs Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
22
- 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
Website
www.algenesislabs.comCorporate Office
- 11760 Sorrento Valley Road
- Suite J
- San Diego, CA 92121
- United States
Corporate Office
- 11760 Sorrento Valley Road
- Suite J
- San Diego, CA 92121
- United States
Algenesis Labs Timeline
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 |
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% |
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.
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 |
Algenesis Labs Signals
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 |
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.
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