Company Profile

Algenesis Corporation (AKA: Algenesis Materials)
Profile last edited on: 8/8/2023      CAGE: 7K8F2      UEI: N86LVLLAQUH3

Business Identifier: Sustainable materials in consumer products starting with footwear
Year Founded
2016
First Award
2018
Latest Award
2022
Program Status
Active
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Location Information

9500 Gilman Drive
La Jolla, CA 92093
   (760) 707-7930
   info@algenesismaterials
   www.algenesismaterials.com
Location: Single
Congr. District: 49
County: San Diego

Public Profile

A materials science and technology company tackling enabling the planet to recover from the pollution by-products made from fossil fuels, Algenesis Corporation develops sustainable materials for manufactires of consumer products. The use of renewable sources means real change for the current polymer industry, which is almost completely based in petroleum products. Not only is petroleum a finite nonrenewable source, the plastics derived from petroleum products often creates a waste management issue as they are typically non-biodegradable. Rredesigning plastic materials to harmonize with nature, Algenesis is structured around addressing this problem by developing sustainable bioplastics The firm's patented Soleic™ technology is the world’s first high performance, renewable, and fully biodegradable plastic material made from plants: these biopolymers being used to develop footwear and surfboards.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Key People / Management

  Stephen Mayfield -- Founder and Chief Executive Officer

  Lisa Brock -- Head of Footwear Operations

  Michael Burkart -- Chief Scientist

  Tom Cooke -- President and Founder

  Pete Morgan -- Chief Financial Officer

  Nitin Neelakantan

  Robert "skip" Pomeroy -- Head of Analytics

  Rob Purvy -- Executive VP of Product

  Marissa Tessman

Company News

There are no news available.