Aurora Algae generates valuable products from optimized algae in a patented production process. Leading technologists at Aurora have developed a cost-competitive, scalable method for pharma, feed, food and fuel generation using robust, highly-productive custom algae strains in open pond systems.
We are engaged in rapid commercialization our algae-based products. We have successfully operated a pilot facility that has consistently produced algae biomass since August of 2007, thereby proving the viability of the Company’s process.
The Aurora Algae process is carbon-mitigating, noncompetitive with agriculture, and capable of industrial yields with a minimal land requirement. In addition, the company is poised to provide dramatic incentives and benefits to a number of industries by allowing carbon dioxide producers to sequester their emissions and convert it to low-cost, oil-rich algae biomass.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 06/01/08 | Series B | 20M | Interfase Capital Partners, Syntek Capital, vd Ende & Deitmers | Unknown |
| 08/01/11 | Other | 22M | Unknown |