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Kuehnle AgroSystems raised $3M in a Series A2 funding round led by S2G Ventures to expand production of natural algae astaxanthin.

Mar 13, 2024•over 1 year ago

Amount Raised

$3 Million

Round Type

series a

HonoluluBiotechnology

Investors

S2 G Ventures

Description

Kuehnle AgroSystems announced a $3 million Series A2 funding round led by S2G Ventures to accelerate the commercialization of its pioneering method for producing natural astaxanthin from microalgae. The funding will support company plans to reach commercialization this year.

Company Information

Company

KUEHNLE AGROSYSTEMS INC

Location

2800 WOODLAWN DRIVE

Honolulu, Hawaii, United States

About

Kuehnle AgroSystems (KAS) is a company specializing in the production of microalgae and has patented a process for producing natural algae astaxanthin using dark fermentation in closed vertical tank systems.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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