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.