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Algae.Tec
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Short description

Producer of biofuels such as bio diesel and green jet fuel from algae

Founded in 2008
Founded in

Company type Public Public (AEB)
Company type

Industry Group agriculture & food

Sector biomass & biofuels

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Australia Perth, Australia
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Updated by Cleantech Group on 05/01/2024

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Date Company
Partnerships
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Date Partner Type
07/04/2013
Macquarie Generation Macquarie Generation
Algae.Tec has inked an agreement with Macquarie Generation for the development of an algae carbon capture and biofuels production facility next to Macquarie's 2640MW coal-fired power station in the Hunter Valley New South Wales.
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Confirmed by Macquarie Generation
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IPO INFORMATION

Date

01/13/2011

IPO status

Listed

IPO Type

IPO

Amount

$6.75M

Initial shares

37500000

Ticker symbol

AEB

Exchange listed

Australian Stock Exchanges

Prospectus URL

Prospectus

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Description

Date Investors Type Amount
01/09/2015 China Finance Strategies Investment Holdings China Finance Strategies Investment Holdings (1)
Post-money valuation of
Initial $0.5 million in convertible bond, with an additional $5 million if certain milestones are achieved. Both companies will jointly explore commercial scale opportunities in China.
Loan $500,000
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