Search company, investor...

Manta Biofuel

mantabiofuel.com

Stage

Seed - II | Alive

Total Raised

$250K

Last Raised

$100K | 6 yrs ago

About Manta Biofuel

Manta Biofuel manufactures renewable and carbon-neutral crude oil that is largely equivalent to the fossil based crude oil via a proprietary technique for harvesting algae. Once collected, the algal biomass is converted into crude oil by subjecting it to high temperature and pressure in a process called hydrothermal liquefaction (HTL).

Headquarters Location

17 Glynn Garth

Reisterstown, Maryland, 21136,

United States

Missing: Manta Biofuel's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Manta Biofuel's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Expert Collections containing Manta Biofuel

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Manta Biofuel is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

2,871 items

Includes companies working on technology to support renewable energy generation.

Manta Biofuel Patents

Manta Biofuel has filed 1 patent.

The 3 most popular patent topics include:

  • Alternative energy
  • Biofuels
  • Colloidal chemistry
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/17/2019

Biofuels, Renewable energy, Alternative energy, Water treatment, Colloidal chemistry

Application

Application Date

4/17/2019

Grant Date

Title

Related Topics

Biofuels, Renewable energy, Alternative energy, Water treatment, Colloidal chemistry

Status

Application

Latest Manta Biofuel News

Global Algae Biofuel Market Report (2022 to 2027) - Featuring ExxonMobil, Manta Biofuel and Synthetic Genomics Among Others

May 10, 2022

The global algae biofuel market is estimated to show growth from US$5.022 billion in 2020 to US$9.033 billion in 2027 at a CAGR of 8.75%. The key factor driving the growth is the demand for algae biofuel as an essential energy source. Due to the rising prices of petrol and diesel, the demand for algae biofuel has increased. Moreover, increasing inclination towards eco-friendly lifestyles owing to their health benefits and fewer or no environmental hazards is boosting the demand for algae biofuel. As a result, all biofuels are referred to as a replacement for oil or another environmentally hazardous fuel. Algae B bofuel has the potential to provide around 20 times the output of other conventional biofuels like sorghum, beet, corn, and corn stover. This feature of algae biofuel has the potential to open new pathways for industrial growth during the forecast period. Algae biofuels are produced from biomass and are in the form of both liquid and gaseous forms. They are generated through the conversion of biomass material, which can be done thermally, chemically, or biochemically Algae Biofuel has various other qualities over other biofuels, such as high energy content, high biodegradability, and faster microorganism growth. These qualities make the algae biofuel's manufacturing practises. Some of the biofuel types made from algae biofuels are green diesel, biodiesel, bioethanol, methane, jet fuel, bio-butanol, and bio-gasoline. Applications Algal biofuel has applications in the automotive, transportation, aerospace, and defence industries.It has come up as the best third-generation alternative to the second-generation crop-based biofuel. Increasing research and developments in algae biofuel are making it more applicable in many sectors and making its production more economical and viable. Many industrial sectors have also started using algae biofuel commercially due to its increasing popularity since the last decade. Algae biofuel can be used to generate combined heat and power or can be used for pyrolysis oil. Algae biofuel is also preferred in transportation because it directly replaces petroleum without any changes in engine performance. According to the United States Energy Department, if algae biofuel completely replaces petroleum fuel all over the USA, it will require only 15 thousand square miles, which is 0.42% of the total USA area. It is stated that this area would be less than 1/7 the total area of corn harvested in the USA. Whereas, in November 2022, an engineer in India started creating biofuel from microalgae in Jharkhand's Pond. Convenient natural sources to produce algae biofuel As light is the prime factor needed for the cultivation of algae, investors are more interested in investing in the production of algae biofuel as the requirements are comparatively lower. Additionally, as algae biofuel is a competitive alternative to petroleum and diesel, it will gain at increasing rates in the future, making algae biofuel a profitable investment. Countries that have huge waterbodies also prefer the production of algae biofuel. Water temperature is what influences the growth of algae the most. Although the use of a few media can accelerate the production of algae biomass, the two most enriching mediums are Guillard's F/2 and Walne medium. These media reduce the time required for the preparation of the nutrients that are needed to grow algae. Thus, various nutritive solutions, viability, profit to the investors, and most importantly, increasing popularity among the consumers for algae biofuel are all contributing to the rising demand for algae biofuel globally. For instance, in November 2021, ExxonMobile announced the commercialization of biofuels from algae technology. Thus, it is estimated that this will lead to an increase in the market size during the forecast period. Challenges for the algae biofuel market Due to a lack of knowledge regarding the cultivation of algae, not all manufacturers take the risk of its production. Moreover, according to the study by the Center for Algae Biotechnology, California University, the challenges that affect of algae biofuel production are nutrient sourcing and utilisation, strain isolation, production management, coproduct developments, and fuel extraction. Key Topics Covered:

Manta Biofuel Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Manta Biofuel Rank

Manta Biofuel Frequently Asked Questions (FAQ)

  • Where is Manta Biofuel's headquarters?

    Manta Biofuel's headquarters is located at 17 Glynn Garth, Reisterstown.

  • What is Manta Biofuel's latest funding round?

    Manta Biofuel's latest funding round is Seed - II.

  • How much did Manta Biofuel raise?

    Manta Biofuel raised a total of $250K.

  • Who are the investors of Manta Biofuel?

    Investors of Manta Biofuel include Maryland Technology Development Corporation and Mtech Ventures.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.