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Algenie

Sydney, AU · 4 known investors

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Algenie develops helical photobioreactor technology to lower the cost of algae production at scale, converting CO2 into raw materials for feed, fuel, plastics, and building materials. The company targets industrial and climate-tech applications, positioning algae as a sustainable, economically viable feedstock, and is based in Australia.

BiotechCleantechClimate Tech

Founders & leadership

NHNick Hazell
Nick HazellFounder & CEONick Hazell previously founded v2food, an Australian plant-based protein company he scaled to national distribution with A$180M in venture funding, and earlier held R&D leadership roles at Mars and PepsiCo focusing on food systems innovation. He holds an engineering degree and master's in manufacturing technology from Cambridge University and is founder and CEO of Algenie, which develops helical photobioreactor technology for algae production.
MP
Mathieu PerniceChief Scientific OfficerMathieu Pernice is an Associate Professor at the University of Technology Sydney with expertise in microalgae biotechnology and photobioreactor systems. As Chief Scientific Officer at Algenie, a UTS spin-out, he leads product development and commercialization efforts for the company's algae-based biomanufacturing technology.
GBGraham Burdis
Graham BurdisCFO

Investors · 4

Impact Ventures Management Pty Ltdlisted by Impact Ventures Management Pty LtdChippendale

Also in the syndicate · 2

University of Technology Sydney (UTS)UTS

Funding

SEC filings, press & company announcements

$1.1M disclosed across 1 of 2 rounds · 2024

Source: company announcements and press reports — follow each round's link for the claim.

Frequently asked questions

What does Algenie do?
Algenie develops helical photobioreactor technology to lower the cost of algae production at scale, converting CO2 into raw materials for feed, fuel, plastics, and building materials. The company targets industrial and climate-tech applications, positioning algae as a sustainable, economically viable feedstock, and is based in Australia.
Who founded Algenie?
Algenie was founded by Nick Hazell.
Who are Algenie's investors?
Algenie's investors include Better Bite Ventures, Impact Ventures Management Pty Ltd.
How much funding has Algenie raised?
Algenie has disclosed $1.1M raised across 1 of its 2 known rounds.
Where is Algenie headquartered?
Algenie is headquartered in Sydney, AU.