U.S. bioPU producer Algenesis raises $5m in funding round
Algenesis Corporation, an American plant-based material science company, has raised $5 million in a funding round. Algenesis claims that its Soleic technology is the world’s first renewable, high performance, fully biodegradable and backyard compostable biopolyurethane (bioPU) made from plants and algae.
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