Fundraising Fox

Algenesis

San Diego, US · Delaware corporation · 4 known investors

Algenesis Labs develops plant-based, biodegradable polyurethanes and polymers designed to replace petroleum-based materials while retaining durability. Its two chemical systems target manufacturers seeking non-toxic, compostable alternatives for their products.

Founders & leadership

SMStephen Mayfield
Stephen MayfieldCo-founder
DS
Dr. Stephen MayfieldFounder
DR
Dr. Robert PomeroyCo-founder
DM
Dr. Michael BurkartCo-founder
NS
Nicholas SandlandExecutive
PM
Peter MorganExecutive
TC
Thomas CookeExecutive

Board

WHWolfgang Hafenmayer
Wolfgang HafenmayerinBoard directorFounding Partner & Chief Investment Officer at Circulate Capital
VW
Veronica WuBoard director
DR
Daniel RosenBoard director
DD
Daniel DearenBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$11.2M disclosed across 4 rounds · 2021–2024

$3MraisedOct 2024 · 22 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Wolfgang HafenmayerDirector
  • Nicholas SandlandExecutive Officer, Director
  • Veronica WuDirector
  • Daniel RosenDirector
  • Stephen MayfieldExecutive Officer, Director, Promoter
  • Daniel DearenDirector
Offering amount
$3M
Amount sold
$3M
First sale
Oct 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedDec 2023 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas CookeExecutive Officer, Director
  • Daniel DearenDirector
  • Peter MorganExecutive Officer, Promoter
  • Nancy DynanDirector
  • Robert PomeroyPromoter
  • Stephen MayfieldExecutive Officer, Director, Promoter
  • Michael BurkartPromoter
  • Daniel RosenDirector
Offering amount
$5M
Amount sold
$5M
First sale
Apr 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$847.1KraisedJul 2022 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BurkartPromoter
  • Daniel DearenDirector
  • Nancy DynanDirector
  • Robert PomeroyPromoter
  • Daniel RosenDirector
  • Stephen MayfieldExecutive Officer, Director, Promoter
  • Thomas CookeExecutive Officer, Director
  • Peter MorganExecutive Officer, Promoter
Offering amount
$2M
Amount sold
$847.1K
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.4MraisedApr 2021 · 48 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter MorganExecutive Officer, Promoter
  • Robert PomeroyPromoter
  • Stephen MayfieldExecutive Officer, Director, Promoter
  • Thomas CookeExecutive Officer, Director
  • Daniel RosenDirector
  • Daniel DearenDirector
  • Michael BurkartPromoter
Offering amount
$2.5M
Amount sold
$2.4M
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 1

by search overlap

Companies competing with Algenesis for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Algenesis do?
Algenesis Labs develops plant-based, biodegradable polyurethanes and polymers designed to replace petroleum-based materials while retaining durability. Its two chemical systems target manufacturers seeking non-toxic, compostable alternatives for their products.
Who founded Algenesis?
Algenesis was founded by Stephen Mayfield, Dr. Stephen Mayfield, Dr. Robert Pomeroy, Dr. Michael Burkart.
Who are Algenesis's investors?
Algenesis's investors include Circulate Capital, Family Angel Management Fund, First Bight Ventures, Meliorate.
How much funding has Algenesis raised?
Algenesis has disclosed $11.2M raised across 4 rounds.
Where is Algenesis headquartered?
Algenesis is headquartered in San Diego, US.