Algaecytes
AlgaeCytes uses a photobioreactor system and freshwater algal strains to produce high purity Omega 3 oils EPA.
Business Model:
Revenue: $0
Employees: 11-50
Industries / Tags:
Detailed Algaecytes Information
Geographic Data
Address: Sandwich
City: Kent
State: england
Zip: CT13 9ND
Country: GB
Financial Info
Stage:
grant
Raised Last:
$13M
Raised Total:$18M
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Description
AlgaeCytes Limited has developed a proven innovative approach to the production of Omega 3 fatty acids, which are polyunsaturated fatty acids used in numerous bodily functions, such as controlling blood clotting and building cell membranes in the brain. Associated with many health benefits, including protection against heart disease and possibly stroke, new studies are identifying potential benefits for a wide range of conditions including cancer, inflammatory bowel disease and other auto-immune diseases such as lupus and rheumatoid arthritis.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2022 | Grant | 1 | $12.6M |
Federal Ministry for Economic Affairs and Energy (BMWi) Federal Ministry for Economic Affairs and Energy (BMWi) |
1/2022 | Venture Round | 1 | $5.7M |
IBG Risikokapitalfonds II GmbH &a; Co. KG IBG Risikokapitalfonds II GmbH &a; Co. KG |
8/2013 | Venture Round | 1 | - |
Deepbridge Capital Deepbridge Capital |
8/2013 | Venture Round | 1 | - |
Deepbridge Capital Deepbridge Capital |
|---|
| Announced Date | Name | Price |
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