Algal Bio Co.
Latest round
- Series B
Last raised
- Dec 2022
Total raised
- $11M
Investors
- 14
About Algal Bio Co.
, Ltd., founded in 2018 and headquartered in Kashiwa, Japan, specializes in algal research and development. The CEO, Amane Kimura, works alongside founder Tsuyoshi Takeshita, who has a background in biotechnology and innovation., Ltd. specializes in the research and development of algal-based solutions aimed at addressing critical societal challenges and enhancing environmental sustainability. The company’s core offerings include functional algae cultivation and a range of applications derived from these products, which serve diverse industries such as food and beverage, cosmetics, and biofuels. Their innovative technologies focus on harnessing the nutritional potential of algae, which contributes to the creation of sustainable resources while aiding in carbon dioxide absorption through photosynthesis. Algal Bio targets B2B clients, including manufacturers and product developers, as well as direct consumers interested in sustainable living.Algal Bio generates revenue through a multifaceted transaction structure that includes partnerships, B2B sales, and direct consumer engagement. The company collaborates with various stakeholders, including major corporations in the food and beverage industry, to integrate its algal solutions into their products. Revenue is driven by contracts for algae cultivation services and the sale of finished algal-derived products, which may be offered in subscription models or as one-time purchases. Specific pricing plans for these services or products have not been disclosed, but clients benefit from tailored solutions that address their unique needs., Ltd. The company plans to utilize these funds to enhance its biofoundry algae development platform and production capabilities. Future growth will focus on the launch of new products designed for additional market applications, with specific attention to expanding into the Asia-Pacific market by the end of 2024. Algal Bio aims to strengthen its operational capabilities to meet the demands of a growing customer base while continuing to address environmental challenges.
Who invested in Algal Bio Co.
14 investors across 3 rounds
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Questions about Algal Bio Co.
Who invested in Algal Bio Co.?
Algal Bio Co. has 14 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Algal Bio Co. raised?
Algal Bio Co. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Algal Bio Co. last raise money?
Algal Bio Co.'s most recent round on record is a Series B, in Dec 2022.
What does Algal Bio Co. do?
Algal Bio Co. is a food company.
Where is Algal Bio Co. headquartered?
Algal Bio Co. is headquartered in Kashiwa, Japan.
Which VCs invest in companies like Algal Bio Co.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back food companies at Algal Bio Co.'s stage. Their profiles are linked below.
VCs backing food startups at Series B
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