Provectus Algae
About:
Provectus Algae is a biotechnology company specializing in the optimization of algae to produce high-value chemicals and biologics.
Website: https://provectusalgae.com/
Twitter/X: ProvectusAlgae
Top Investors: CJ BIO, Hitachi Ventures, Possible Ventures, Acequia Capital (AceCap), Maropost Ventures
Description:
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 and beverage, cosmetic, therapeutic, and agricultural industries.
$14.7M
$10M to $50M
Noosaville, Queensland, Australia
2018-01-01
Mic Black, Nusqe Spanton
11-50
2023-03-01
Private
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