Algal Scientific (Series B)

Funding Details
Awarder
Inbox
Date Award
March 31, 2015
Vertical
Biotechnology
Funding URL
View Funding Page
Funding Amount:
$7,000,000
Company Info
Founding Year
2009
Traction
Algal Scientific has won several awards and competitions, including the $500,000 Grand Prize in the Accelerate Michigan Innovation Competition.
Founders
Geoff Horst
Company Description
Algal Scientific was formed in 2009 after winning the inaugural DTE Clean Energy Competition hosted by the University of Michigan and DTE Energy. The company focuses on developing innovative solutions in the clean energy sector using algal technology.
Market
Clean Energy
Location
Northville, Michigan, USA
Coinvestors
Evonik Venture Capital, Formation 8, Independence Equity, Michigan Economic Development Corp.
Links
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