Y Combinator-backed climate tech startup Alga Biosciences raises $4m

United States News News

Y Combinator-backed climate tech startup Alga Biosciences raises $4m
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

This Y Combinator-backed startup helps reduce climate-warming methane in cow burps. Check out the pitch deck Alga Biosciences used to secure $4 million.

The market has been undervalued thus far, according to Alex Brown, cofounder and CEO of Alga Biosciences. Figures like the 100-year warming potential of methane are part of the problem: Methane isn't even in the atmosphere for 88 of those years, Brown told Insider.

This is the challenge Algo Biosciences set out to fix. Brown was inspired by a species of red seaweed that has a natural capability to reduce methane when used as feed. They developed a biochemical process to tweak kelp so that when eaten it can change a cow's microbiome and subsequently methanogenesis, the process of making methane in the first stomach. This can be done using the existing seaweed supply chain, which is well-established thanks to uses in materials, food, and cosmetics. The kelp is sold as a powder to be added into feed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Liminal Biosciences’ stock soars 91% after getting takeover offer that’s more than double its priceLiminal Biosciences’ stock soars 91% after getting takeover offer that’s more than double its priceLiminal Biosciences Inc.’s stock soared 91% in premarket trade Wednesday, after the company said it’s received an unsolicited takeover offer of $7.50 a share...
Read more »

Deribit Parent Company Leads $4.4M Seed Funding Round Into Dutch Crypto Exchange FinstDeribit Parent Company Leads $4.4M Seed Funding Round Into Dutch Crypto Exchange Finst.Deribit_Exchange's parent company Sentillia has led a $4.4 million seed funding round into Netherlands-based cryptocurrency exchange finst_official. By JamieCrawleyCD
Read more »

Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform LoreMulticoin Leads $4M Strategic Round for Web3 Co-Ownership Platform LoreEXCLUSIVE: multicoincap led a $4 million strategic round for loredotxyz, a platform that makes it easier for Web3 communities to co-own NFTs. BrandyBetz reports:
Read more »

West African countries struggle to raise funds from regional debt marketWest African countries struggle to raise funds from regional debt marketWest African countries of the eight-nation economic and monetary union are struggling to raise funds on the regional capital market, as investors demand higher interest rates amid tightening liquidity, financial market sources said.
Read more »

Israeli strikes on Syria intensify, raise tensions with IranIsraeli strikes on Syria intensify, raise tensions with IranSuspected Israeli airstrikes in Syria in recent weeks have killed two Iranian military advisers, temporarily put the country’s two largest airports out of service, and raised fears of regional escalation.
Read more »



Render Time: 2025-02-24 13:18:37