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Algenol
AddedFeb 15, 2024
UpdatedJun 18, 2026
Algenol

Algenol

Series B

Florida-based Algenol commercially produces ethanol using algae, sunlight, CO2, and seawater.

HQ
Fort Myers, FL, US
Founded
2006
Overview
Compare
Fundraising
Employees

Algenol, based in Fort Myers, Florida, focuses on producing ethanol using algae, sunlight, CO2, and seawater. The company aims to provide sustainable biofuel solutions to reduce carbon emissions and reliance on fossil fuels. Their innovative approach leverages natural resources to create renewable energy, targeting the biofuels market in the United States.

Algenol has made significant strides in the biofuels industry, contributing to advancements in sustainable energy production. Their technology has garnered attention for its potential to transform the energy sector. The company continues to impact the market by promoting environmentally friendly fuel alternatives.

Algenol - Similar Companies

Advanced BioEnergy logo

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Blue Biofuels logo

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Poet logo

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Aemetis logo

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TrueAlgae logo

TrueAlgae

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Algenol - Quick Facts

Who are Algenol's competitors?

Companies similar to Algenol include Advanced BioEnergy, Algae International Group, BlueFire Renewables and Manta Biofuel.

When was Algenol founded?

Algenol was founded in 2006.

Where is Algenol's headquarters located?

Algenol's headquarters is located in Fort Myers, FL, US.

When was Algenol's last funding round?

Algenol's most recent funding round was for $25M (USD) in December 2007.

How much has Algenol raised to-date?

As of Dec 7, 2007, Algenol has raised a total of $25M (USD).

How many employees does Algenol have?

Algenol has 127 employees as of Feb 4, 2024.

Algenol - Classification

Ownership
  • Private
Technology
  • Biotech
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Ethanol
Tags
  • Cleantech