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Algenesis
AddedFeb 15, 2024
UpdatedJun 18, 2026
Algenesis

Algenesis

Operating

Algenesis: Creating renewable, biodegradable materials from algae for sustainable products.

Founded
2016
Location
Cardiff-by-the-Sea, CA, US
Overview
Compare
Employees
Website

Founded in 2016 and based in San Diego, CA, Algenesis is a material science and technology company dedicated to addressing pollution from fossil fuel-based products. The company's core mission is to develop renewable, biodegradable materials from algae and non-food plant oils. Algenesis focuses on creating sustainable products such as surfboards and biodegradable flip-flops, aiming to reduce the environmental impact of traditional plastics.

Algenesis has partnered with various companies to integrate its innovative materials into consumer products, showcasing its commitment to sustainability. The company has garnered attention for its pioneering work in renewable polyurethanes, contributing significantly to the reduction of plastic waste. Through its efforts, Algenesis is making a notable impact on both the environment and the market for eco-friendly materials.

Algenesis - Quick Facts

When was Algenesis founded?

Algenesis was founded in 2016.

Where is Algenesis' headquarters located?

Algenesis' headquarters is located in Cardiff-by-the-Sea, CA, US.

When was Algenesis' last funding round?

Algenesis' most recent funding round was for $5M (USD) in October 2023.

How much has Algenesis raised to-date?

As of Oct 26, 2023, Algenesis has raised a total of $15.7M (USD).

How many employees does Algenesis have?

Algenesis has 30 employees as of Feb 5, 2024.

Algenesis - Classification

Ownership
  • Venture Capital
Technology
  • Biotech
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Enterprise
Main Product
  • Biomaterials
  • Bioplastics
Tags
  • Cleantech
  • Materials
NAICS
  • 813000Religious, Grantmaking, Civic, Professional, and Similar Organizations
  • 813300Social Advocacy Organizations
  • 813310Social Advocacy Organizations
  • 813312Environment, Conservation and Wildlife Organizations
  • 810000Other Services (except Public Administration)
SIC
  • 8390Social Services, Not Elsewhere Classified
  • 8300Social Services
  • 8399Social Services, Not Elsewhere Classified