Algal Scientific Secures $1,250,000 New Financing Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b707f800-d885-49f1-89ea-7acd082c8887
Date 1/17/2014
Company Name Algal Scientific
Mailing Address 46701 Commerce Center Drive Plymouth, MI 48170
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. We design, build, and sell treatment systems incorporating factory assembled modules, then operate them for fees based on pollutant reduction. We are focused on producing clean water first, with biofuels as byproducts
Proceeds Purposes Includes conversion of previously issued convertible debt. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.