Algal Scientific logo — Providing innovative solutions for animal feed, human nutrit...

Algal Scientific

Providing innovative solutions for animal feed, human nutrition, and wastewater treatment since 2017.

Founded 2008 Convertible Note Total: $12.07M Agriculture, Biotechnology +3

General Information

Company Name Algal Scientific
Founded Year 2008
Industries Agriculture, Biotechnology, Food and Beverage +2
Funding Stage Convertible Note
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About Algal Scientific

Algal Scientific is a company that offers innovative solutions for animal feed, human nutrition, and wastewater treatment. It operates in two specialized divisions. One division focuses on producing ProGlucan beta-glucan products for animal feeds and human nutrition. The other division is dedicated to commercializing the Hypertrophic wastewater treatment system, which is licensed to clients in the food and beverage sector. Founded in 2008 and headquartered in Plymouth, Michigan, the company was acquired by Kemin Industries in March 2017. In September 2016, Algal Scientific received a $2.00M Convertible Note investment from a group of investors including Formation 8, Huron River Ventures, Independence Equity, and Evonik Industries. The company has a strong presence in agriculture, biotechnology, health care, and the water industries. Overall, Algal Scientific has shown potential in providing sustainable solutions across multiple sectors, as indicated by its product offerings and the involvement of notable investors.

Taxonomy: Algal Scientific, Kemin Industries, Animal feed, Human nutrition, Wastewater treatment, ProGlucan beta-glucan products, Hypertrophic wastewater treatment system, Plymouth, Michigan, Acquisition, Food and beverage sector, Commercialization, Industrial biotechnology, Environmental solutions

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note •••••• 4
Investor Investor Investor
•••• ••••
09 Sep 2016
Series B •••••• 4
Investor Investor Investor
•••• ••••
01 Mar 2015
Series A •••••• 7
Investor Investor Investor Investor Investor Investor Investor
28 Apr 2014
Venture Round •••••• 1
Investor
29 Nov 2012
Venture Round •••••• 1
Investor
12 Nov 2009

View All 7 Funding Rounds

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FAQ About Algal Scientific

Providing innovative solutions for animal feed, human nutrition, and wastewater treatment since 2017.
Algal Scientific was founded in 2008.
Algal Scientific operates in the following industries: Agriculture, Biotechnology, Food and Beverage, Health Care, Water.
Algal Scientific has completed 7 funding rounds, raising a total of $12.07M. The latest funding stage is Convertible Note.
Top alternatives and competitors to Algal Scientific include Ecologix Environmental Systems, Fluence Corporation, MicroBio Engineering Inc, ADQIA (InterConsorcio), Dublin San Ramon Services District. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Algal Scientific and Ecologix Environmental Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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