Aurora Biofuels (now rebranded as Aurora Algae) is a leading company in the pharmaceutical, nutrition, aquaculture, and fuels markets. Since its inception in 2007, the company has been dedicated to eco-friendly innovation, utilizing proprietary algae strains and an innovative production process. Their approach involves the use of arid land, seawater, and industrial carbon emissions, making it more capital-efficient and environmentally friendly than traditional farming methods. In April 2013, the company secured a $16.00 million investment in a Private Equity Round led by Oak Investment Partners. This investment has further propelled Aurora Algae's position as a pioneer in the commercial-scale photosynthetic platform for sustainable algae-based product development. Aurora Algae's mission is aligned with the growing consumer demand for natural, sustainable products, and their premium, high-performance algae-based solutions cater to this need. By helping customers and partners enhance the diversity and sustainability of their product offerings, the company is poised to make a significant impact in shaping a more sustainable future.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | $16.00M | 1 | 01 Apr 2013 | |
Private Equity Round | $20.00M | 1 | 01 Jul 2012 | |
Venture Round | $22.00M | 1 | 19 Aug 2011 | |
Venture Round | $3.72M | - | 03 May 2011 | |
Series C | $15.00M | 3 | 17 Mar 2010 |
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