Algaeon Lands $50,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=91b28428-2e66-4503-90ee-cbf554ad700a
Date
10/1/2013
Company Name
Algaeon
Mailing Address
8440 West 82nd Street Indianapolis, IN 46278
Company Description
Algaeon is focused supplying high-value products derived from algae to leading companies in the Nutraceutical and Animal Micronutrient markets. This opportunity rich market focus will be served by Algaeon’s breakthrough patent pending industrial scale Micro-algae cultivation technology.
Website
http://www.algaeon-inc.com
Transaction Type
Debt
Transaction Amount
$50,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Not a solicitation.
M&A Terms
Venture Investor
Undisclosed