Fundraising Fox

Algaeventure Systems

Dublin, US · Founded 2009 · Delaware corporation

Biotech

Founders & leadership

Algaeventure Systems was founded in 2009 by Ross O Youngs.

RO
Ross O YoungsFounder
KD
Kurt D. DieckExecutive

Board

DP
Derrell PorterBoard director
HC
Henry CialoneBoard director
RK
Robert KamerschenBoard director
RA
Roger A. VaughanBoard director

Reported raises · per SEC filings

Form D private placements

$8.4M disclosed across 7 rounds · 2013–2019

▶$675KraisedNov 2019 · 3 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Ross O YoungsExecutive Officer, Director
  • Robert KamerschenDirector
  • Henry CialoneDirector
  • Ron MossDirector
  • Douglas PolingDirector
  • Derrell PorterDirector
  • John RyalsDirector
Offering amount
$3.7M
Amount sold
$675K
Minimum investment
$25K
First sale
Oct 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$170KraisedJul 2017 · 2 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Douglas L PolingDirector
  • Robert KamerschenDirector
  • Ron MossDirector
  • Henry CialoneDirector
  • Derrell PorterDirector
  • Ross O YoungsExecutive Officer, Director
Offering amount
$1.3M
Amount sold
$170K
Minimum investment
$20K
First sale
Jun 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedDec 2016 · 15 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert KamerschenDirector
  • Henry CialoneDirector
  • Douglas L. PolingDirector
  • Ron MossDirector
  • Ross O YoungsExecutive Officer, Director
  • Derrell PorterDirector
Offering amount
$3.5M
Amount sold
$2M
Minimum investment
$10K
First sale
Dec 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedMay 2015 · 13 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Ross O YoungsExecutive Officer, Director
  • Derrell PorterDirector
  • Henry CialoneDirector
  • Kurt D DieckExecutive Officer, Director
  • Robert KamerschenDirector
Offering amount
$3.5M
Amount sold
$1.6M
Minimum investment
$25K
First sale
May 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$502.5KraisedNov 2014 · 1 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Ross O YoungsExecutive Officer, Director, Promoter
  • Derrell PorterDirector
  • Henry J. CialoneDirector
  • Robert KamerschenDirector
  • Kurt D. DieckExecutive Officer, Director
Offering amount
$6M
Amount sold
$502.5K
Minimum investment
$7.5K
First sale
Nov 2014
Incorporated
Corporation, Delaware, 2009
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$502.5KraisedNov 2014 · 1 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Ross O YoungsExecutive Officer, Director, Promoter
  • Kurt D. DieckExecutive Officer, Director
  • Henry J. CialoneDirector
  • Robert KamerschenDirector
  • Derrell PorterDirector
Offering amount
$6M
Amount sold
$502.5K
Minimum investment
$7.5K
First sale
Nov 2014
Incorporated
Corporation, Delaware, 2009
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.9MraisedSep 2014 · 21 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Ross O YoungsExecutive Officer, Director, Promoter
  • Henry J. CialoneDirector
  • Roger A. VaughanDirector
  • Kurt D. DieckExecutive Officer, Director
Offering amount
$4M
Amount sold
$2.9M
Minimum investment
$20.3K
First sale
Jun 2013
Incorporated
Corporation, Delaware, 2009
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

News -algaevs.com · Apr 2011The Entrepreneurial Mentor Corps at Work: Algaeventure Systems | Department of Energyenergy.gov · Feb 20114 projects on clean energy win grantsdispatch.com · Nov 2009

Frequently asked questions

Who founded Algaeventure Systems?
Algaeventure Systems was founded by Ross O Youngs in 2009.
How much funding has Algaeventure Systems raised?
Algaeventure Systems has disclosed $8.4M raised across 7 rounds.
Where is Algaeventure Systems headquartered?
Algaeventure Systems is headquartered in Dublin, US.