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Aurora Algae
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Short description

Developer of biodiesel and microalgae-based biofuels

Founded in 2006
Founded in

Company type Out of Business Public ()
Company type

Industry Group agriculture & food

Sector biomass & biofuels

TRL Range 7-8
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 Hayward, CA Hayward, United States
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Updated by Cleantech Group on 05/01/2024

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IPO INFORMATION

Date

01/09/2012

IPO status

Speculated

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IPO

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Exchange listed

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Description

The company is looking to raise $100 million from existing and new investors by mid-2012 and will aim for an IPO later in the year.

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Date Investors Type Amount
09/28/2012 Government of Australia Government of Australia (1)
Post-money valuation of
Aurora Algae has secured a $2 million Low Emissions Energy Development grant from the Australian government, which will be used to develop a pilot production facility and help to expand in Western Australia.
 Grant $2,000,000
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