Manta Biofuel (Equity)
Funding Details
Awarder
StartEngine
Date Award
September 20, 2023
Vertical
Water Treatment
Funding URL
View Funding Page
Valuation
$8,980,000
Funding Amount
$531,262,610,000
Company Info
Founding Year
2018
Traction
In 2022, Manta Biofuel launched its water treatment service, achieved its first revenue, and conducted successful field trials with prospective customers. They have a growing customer pipeline and are planning further demonstrations in 2023.
Revenue Amount
$14,160,000,000
Organizations Involved
Maryland Port Administration, Columbia Association
Founders
Chris Lindsay, Ryan Powell, Onur Unal
Market
Environmental Technology
Location
Owings Mills, MD, US
Coinvestors
Exelon, U.S. Department of Energy, State of Maryland, professional angel investors
Company Description

Manta Biofuel produces cost-effective renewable fuel oil from algae.

Links
WebsiteCrunchbaseLinkedIn
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