Fundz

Algenesis

CARDIFF, CA · Biotechnology Research, Information Technology · 9 employees

Our scientists redesigned plastic materials to harmonize with nature. Our patented Soleic™ technology is the world’s first high performance, renewable, and fully biodegradable plastic material made from algae. Algenesis was founded in 2016 by three professors from UC San Diego, Dr. Stephen Mayfield, Dr. Micheal Burkart, and Dr. Robert Pomeroy. Together they combined their knowledge and background

Funding history

  • Series seed — $3.0M — Oct 2024
  • Funding Round — $5.0M — Dec 2023
  • Series seed — $5.0M — May 2023
  • Series seed — $2.4M — Apr 2021

Recent signals

  • Oct 16, 2025: Algenesis Labs Partners with Safic-Alcan to Introduce Soleic® Sustainable Materials in Europe
  • Oct 25, 2024: Raised $3.0M in Series seed
  • Dec 18, 2023: Raised $5.0M
  • Oct 26, 2023: Raised funding
  • May 08, 2023: Raised $5.0M in Series seed
  • Apr 16, 2021: Raised $2.4M in Series seed

See plans & pricing → Track Algenesis’s funding, hiring, and signals — with verified contacts — on Fundz.