Algal Scientific Receives $7,000,000 Series B Financing Round

  • Feed Type
  • Date
    3/31/2015
  • Company Name
    Algal Scientific
  • Mailing Address
    14925 Galleon Court Northville, MI 48170 USA
  • Company Description
    Algal Scientific’s proprietary technology provides advanced treatment for municipal and industrial wastewater, while producing high amounts of algal biomass that can be used for biofuels.
  • Website
    http://www.algalscientific.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With this new funding, Algal Scientific plans to dedicate even more resources to addressing and overcoming the global overuse of antibiotics, specifically of those used in the food supply.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

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