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AlgenAir
OperatingAlgenAir, Inc.
Industrial · Founded 2021
Living technology-removing C02 more efficiently with the power of algae
Valuation cap ⓘ
$7.5M
As of Feb 2023 · from AlgenAir Crowd SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$34,770
Across 1 round since 2022
Financials
FY2020–FY2022 · from SEC filings · hover any figure for its source$29K
$51K
2020
$40K
−$105K
2021
$92K
−$138K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
FY2022
Income statement
Revenue
$28,821
$39,758
$92,352
Cost of goods sold
$4,408
$25,197
$47,115
Gross margin
85%
37%
49%
Net income
$51,463
-$104,534
-$137,509
Taxes paid
$0
$0
$0
Balance sheet
Cash
$45,473
$34,380
$9,930
Accounts receivable
$0
$3,056
$14,084
Total assets
$51,463
$87,582
$51,110
Short-term debt
$0
$5,924
$16,960
Long-term debt
$0
$125,000
$215,000
Total liabilities
$0
$130,924
$231,960
Other
Headcount
—
2
2
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$7.5M
Valuation cap
AlgenAir Crowd SAFE 1
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Raised $34.8K / $1.2MInvestors 51Valuation cap $7.5M
Reg CF annual-report compliance
Not requiredFewer than 300 holders of record
Filed 1 of 4 annual reports (FY2022–FY2025)
51 investors
holder-count proxy
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
Source: ManualCIK 0001946308
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.