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Algal Scientific Corporation

High value proprietary compounds from algae serving the world's animal and human health, nutraceutical and pharmaceutical markets.

  • Stage Full Product Ready
  • Industry Biotechnology
  • Location Plymouth Charter Township, MI, USA
  • Currency USD
  • Founded May 2009
  • Employees 10
  • Website algalscientific.com

Company Summary

We produce a family of ingredients based on a specially selected strain of algae and a patent pending process. We are producing a more effective, more bio-available and significantly lower cost source of a clinically proven compound used to improve immune response for humans, companion animals and livestock. That compound's $2B market ranges from food and cosmetic ingredients, nutraceuticals, and feed additives to cancer treatments.

Team

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    Geoffrey Horst
    CSO

    Over 10 years of research experience in the nutrient physiology of algal blooms. Responsible for the selection of algal strains and development of the biological processes for the treatment of wastewater and the production of high value biomass. Adjunct instructor and PhD Candidate at Michigan State University. MS Marine Biology - California State University; BS Oceanography - University of Michigan.

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    James Croce
    VP - Business Development

    25 years in business development and management. Former President and CEOs of Nevada Institute for Renewable Energy Commercialization and NextEnergy (state of Michigan clean technology incubator), VP Business Development at DTE Energy Technologies. Director – Ultralife Corporation (NASDAQ: ULBI). BS Engineering, Wayne State University

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    Robert Levine
    CTO

    Experience in researching thermo-chemical processing of algal biomass and wastewater treatment systems; responsible for design and development of the chemical processing of algal biomass into high value components. BA, Microbiology & Biochemistry – Middlebury College; PhD expected in Chemical Engineering at the University of Michigan, 2013.

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    G. Paul Horst
    CEO

    Entrepreneur, with over 35 years of management experience; founded and took public an industrial computer company (Nematron); launched and grew the alternative energy subsidiary of DTE Energy to revenues of $40M/year; BSE (Ch.E.) and MBA from the University of Michigan. Recognized as a Young Entrepreneur for the State of Michigan in the 1980’s. Guest lecturer on entrepreneurship at the University of Michigan.

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    James Fahrner
    CFO

    Seasoned financial executive with 35 years of experience at both public and private enterprises. He has held positions as Chief Financial Officer, Treasurer, Controller, Financial Reporting Manager and Audit Manager for Tier One automotive and other high technology manufacturers. Responsibilities included SEC matters, Sarbanes-Oxley Act compliance and internal auditing. BS, Mathematics, Eastern Michigan University.

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    Neal Connor
    Technical Advisor

    19 years as senior researcher at Merck & Co. with expertise in sustainable biochemical production via fermentation and production of immunoregulant natural products. Currently President of the Society for Industrial Microbiology. PhD Microbiology, Ohio State University.

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    Paul Satoh
    Technical Advisor

    Over 38 years in pharmaceutical, biotechnology research and development, including technical management at Upjohn and VP, Basic & Exploratory Research at Neogen Corporation. 11 years as adjunct professor in biomedical science, biotechnology and pharmacology at Michigan State University and University of Michigan. PhD Biochemistry, Wayne State University.

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    Jeffrey LeBrun
    VP - Product Management

    International environmental consultant in water and energy projects for RH2 Engineering and BHP Billiton. Business development for advanced battery technology company. BS in Biology, MS and MBA, University of Michigan.

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    James Bleyer
    Director of Engineering

    Over 20 years of experience including engineering/construction management of ethanol and biodiesel plants, focusing on disciplines including civil, electrical, architectural and mechanical systems. Bio-fuels consultant. Responsible for engineering management as well as sales engineering and marketing of projects as well as biomass. BS, Mechanical Engineering, University of Notre Dame.

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    Craig Banotai
    Fermentation Scientists

    .17 years of industry experience in protein and biochemical production. Head of fermentation groups at Pfizer Global Research and Development – Ann Arbor and Draths Corporation (now part of Amyris). MS Immunotoxicology, and BS Microbiology and Public Health, Michigan State University.

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    S. Joh Kang
    Technical Advisor

    As VP and Director of Water at Tetra Tech, he oversees the full scope of services in wastewater infrastructure. Nutrient removal is one of his areas of specialty. Tetra Tech is a leading North American consulting firm in water treatment. PhD Civil/Environmental Engineering, University of Michigan.

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    Walter J. Weber, Jr.
    Technical Advisor

    Professor Emeritus of Environmental and Ecological Sciences and Engineering; Department of Chemical Engineering, University of Michigan; ranked among the top ten most cited scientists in America; PhD Water Resources Engineering, Harvard University.

Advisors

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    Butzel Long (Ann Arbor, MI)
    Lawyer
    Unconfirmed
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    James Fahrner, CPA
    Accountant
    Unconfirmed

Previous Investors

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    Michigan Pre-Seed Capital Fund
    Unconfirmed
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    First Step Fund
    Unconfirmed
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    Envy Capital LLC
    Unconfirmed