United States · Who invested in Algal Scientific?
Algal Scientific's investors include Formation 8, Ann Arbor SPARK, Evonik Venture Capital and Independence Equity.
2009201020112012201320142015
$65KGrant?Venture?Venture$3.0MVenture$7.0MSeries BUnited States · Series B startup
Who invested in Algal Scientific
5 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Funding summaryUpdated 26 Oct 2026
$10Mraised across 5 rounds since 2009, from 5 sources
$65KGrant$3.0MVenture$7.0MSeries B
- Latest round
- Series B, $7.0MMar 2015
- Step-upi
- 2.3×
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Grant, $65K Mar 2009
- Biggest round
- $7.0M Series B · Mar 2015
- Usual gap between rounds
- 17 months the median of 4
The rounds
- Mar 2015Series B$7.0M3 returning
From a historical funding recordSEC filing: $6.8M sold, first sale Mar 2015
- Apr 2014Venture$3.0M3 new
From a historical funding recordSEC filing: $3.1M sold, first sale Feb 2012
- Nov 2012VentureAmount undisclosed1 returning
From a historical funding recordSEC filing: $1.3M sold, first sale Feb 2012
- Nov 2009VentureAmount undisclosed1 new
From a historical funding recordSEC filing: $190K sold, first sale Nov 2009
- Mar 2009
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Grant2009Venture2009Venture2012Venture2014Series B2015
Formation 8
Ann Arbor SPARKEvonik Venture Capital
Independence Equity
Formation 8Ann Arbor SPARKEvonik Venture CapitalIndependence EquityEveryone who backed them
Evonik Venture CapitalCorporate VC2rounds
Missing a round, or an investor who was in one? Tell us.
Quick answers about Algal Scientific
How much has Algal Scientific raised?
Algal Scientific has raised $10M across 5 rounds since 2009. 2 rounds did not disclose an amount, so the total is a floor.
When did Algal Scientific last raise?
Algal Scientific's most recent round was a Series B of $7.0M in Mar 2015.
What was Algal Scientific's biggest round?
Its most recent round, $7.0M in Mar 2015, is also its largest on record.
Who backed Algal Scientific first?
Algal Scientific's first round on record, in Nov 2009, was backed by Ann Arbor SPARK.
What stage is Algal Scientific at?
Algal Scientific's latest named round is a Series B, in Mar 2015.
Where is Algal Scientific based?
Algal Scientific is based in the United States.
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