Alga Energy

company

About

Alga Energy is developing a photobioreactor plant for the production of biofuels and omega-3 rich oils to generate clean energy.

  • 11 - 50

Details

Last Funding Type
Series A
Last Funding Money Raised
$2M
Industries
Agriculture,Biofuel,Biotechnology,Clean Energy,Energy,Renewable Energy
Founded date
Jan 1, 2007
Number Of Employee
11 - 50
Operating Status
Active

AlgaEnergy is a technology-based company in the microalgae biotechnology sector that, with powerful R & D programs endowed with millionaire resources -own and public-, is managed by a group of businessmen and scientists of renowned solvency.

The mission of AlgaEnergy is to develop, produce and market novel products derived from microalgae -nutritional, agricultural and cosmetic, among others-.

Counselor of AlgaEnergy and scientific reference of the company is Prof. Miguel García Guerrero , Professor of Plant Biochemistry and Molecular Biology of the University of Seville, one of the scarce authorities recognized worldwide with more than three decades dedicated to the biotechnology of microorganisms photosynthetic

The leader in renewable energy and the 5th largest electricity supplier in the world, IBERDROLA , is a shareholder and technology partner of AlgaEnergy since its inception.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2M
Alga Energy has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Jul 31, 2009 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 31, 2009 Series A $2M 1 Iberdrola Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Alga Energy is funded by 1 investors. Iberdrola are the most recent investors.
Investor Name Lead Investor Funding Round
Iberdrola Yes Series A