Porifera has been debt free since its founding in 2009. In 2013, Porifera received a Series A investment from its commercial partner, Woongjin Chemical Co. Ltd. Porifera has been awarded more than $12 million in development agreements with the following U.S. agencies:
- DARPA (U.S. Department of Defense)
- ARPA-E (U.S. Department of Energy)
- National Science Foundation
Series B Investment Opportunity
Porifera is now qualifying interested investors for a Series B round of funding.
Series A funding was completed in 2013 and supplemented by a $500,000 grant contribution provided by the National Science Foundation.
To learn more about this investment opportunity, please contact us.