HomeUSAAlchemyca Raises $2.5M in Funding

Alchemyca Raises $2.5M in Funding

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Alchemyca, a San Diego, CA-based company that uses enzymes, sensors, and AI to convert organic waste into renewable natural gas, raised $2.5M in funding.

The round was led by Ferment.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Patrick Vagner, Alchemyca offers a solution that integrates advanced computational tools, sensors, and biological catalysts for measurement and stimulation, making it easy for plant operators to improve system efficiency. This efficiency will eventually make organic waste a viable, low-cost feedstock for producing many versatile chemicals and fuels beyond renewable natural gas.

The company has established technology partnerships with Ginkgo Bioworks and Novonesis (formerly Novozymes).

FinSMEs

21/11/2024

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