Provectus Algae

Provectus Algae

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Overview

Provectus Algae is a biotechnology company specializing in the optimization of microalgae species to produce high-value biobased chemicals, specialty ingredients, and biologics for use in a wide array of industries and applications. Provectus Algae enables groundbreaking capabilities with a well-balanced fusion of innovative proprietary technology and a thorough knowledge of the unique biological traits of microalgae. By leveraging advanced automation, machine learning, and synthetic biology approaches, Provectus Algae can rapidly develop, execute, and license biomanufacturing processes depending on the needs of our commercial partners.

Microalgae biotechnology holds tremendous potential for countless industries and products, thanks to microalgae’s impressive biochemical diversity, sophisticated biosynthesis machinery, and rapid growth rates, among other functional attributes. Importantly, photosynthetic microalgae species can also turn CO2 into valuable and in-demand biomolecules, providing the life science community with a powerful mechanism for adopting more sustainable biomanufacturing processes and reducing carbon footprint.

Provectus Algae has built an end-to-end biomanufacturing platform capable of taking microalgae-based products from discovery to large-scale production, actualizing the full potential of microalgae biotechnology. We have brought together the combined strengths of our talented multidisciplinary team to rapidly build scalable microalgae production systems and source high-value compounds for our partners in the food & beverage, cosmetic, therapeutic, and agricultural industries.

About

Industries

Biotechnology, Food and Beverage, GreenTech, Sustainability, Therapeutics, Animal Feed, Cosmetics

Founded

2018

Employees

11-50

Headquarters locations

Australia, Oceania

Social

N/A

Profile Resume

Provectus Algae headquartered in Australia, Oceania, operates in the Biotechnology, Food and Beverage, GreenTech, Sustainability, Therapeutics, Animal Feed, Cosmetics sector. The company focuses on Biotechnology and has secured $1.2B in funding across 84 round(s). With a team of 11-50 employees, Provectus Algae is actively contributing to advancements in Biotechnology. Their latest funding round, Corporate Round - Provectus Algae, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Nusqe Spanton

Nusqe Spanton

Founder & CEO

Funding Rounds

Funding rounds

3

Investors

1

Lead Investors

0

Total Funding Amount

$14.7M

Details

2

Provectus Algae has raised a total of $14.7M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2020Seed3.3M
2021Seed11.4M

Investors

Provectus Algae is funded by 17 investors.

Investor NameLead InvestorFunding RoundPartners
Provectus Algae-FUNDING ROUND - Provectus Algae11.4M
Acequia Capital (AceCap)-FUNDING ROUND - Acequia Capital (AceCap)11.4M
Provectus Algae-FUNDING ROUND - Provectus Algaeundefined
CJ BIO-FUNDING ROUND - CJ BIOundefined

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