San Diego, United States
Algenesis Labs, founded in 2016 by three UC San Diego professors—Dr. Stephen Mayfield, Dr. Micheal Burkart, and Dr. Robert Pomeroy—is at the forefront of environmental innovation. As a material science and technology company, it aims to mitigate pollution through its breakthrough Soleic® technology.
The company has engineered the world’s first high-performance, renewable, and fully biodegradable plastic material, sourced from algae—a solution to the global plastic pollution crisis harming ecosystems. Algenesis Labs addresses an urgent unfulfilled market need, particularly for industries requiring sustainable alternatives to traditional petroleum plastics.
With initial applications in footwear and surfboard foam, Algenesis is expanding its technology’s potential across diverse sectors. The most recent influx of funding was a Venture - Series Unknown investment as of October 25, 2024, underscoring investor confidence in their innovative approach to Biotechnology, ESG, Manufacturing, and Waste Solution industries.
