Company Name Algenetix
Mailing Address Undisclosed San Diego, CA 92121
Company Description Algenetix is an industrial biotech company incubated from the Kapyon Ventures pipeline. The company develops single cell petrochemical alternatives using its proprietary PhotoSeed technology, which improves lipid productivity in industrial microbes.
Proceeds Purposes With this funding, Algenetix will further advance its PhotoSeed program and develop renewable oils that can sustainably replace petroleum for fuels and chemicals without compromising land and food production resources.