Startup · $1.1m raised
Sydney, NSW
Every investor coverage indicates participated in a round Algenie raised.
| Investor | Rounds | Invested |
|---|---|---|
| Algenie has partnered with the University of Technology Sydney | Unnamed stage | - |
| Betterbite | Unnamed stage | - |
| University of Technology Sydney | Unnamed stage | - |
Companies Algenie acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Algenie. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian meat-alternative firm v2food buys US plant-based chicken company Daring Foods as its US entry; Ajinomoto has invested in v2food and will license-manufacture its products in Asian and African markets.
Weekly roundup: European climate and food startup raises, an Australian biotech's funding, Rappi buying Fountain9, Motif FoodWorks shutting down, a new Certis CEO, and a letter pressing banks over livestock lending.
Australian algae startup Algenie raises A$1.1 million from University of Technology Sydney and Better Bite Ventures while unveiling a thin-layer photobioreactor designed to make algae production dramatically cheaper for fuels, plastics and feed.
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