July 01, 2018

Triton Algae Innovations Named One of 30 San Diego “Cool Companies"

July 2018 - San Diego-based startup Triton Algae Innovations was recently identified as one of only 30 “Cool Companies” by the San Diego Venture Group (SDVG), a regional organization that works to promote San Diego-area startup enterprises.   SDVG made these selections after reviewing nearly 200 pitch decks, and narrowing the competitors to the 30 finalists.  These companies were then invited to participate in the Cool Companies Mixfest, an intimate VC-interactive event held June 28 at the Ultimate Skybox, on the 15th floor of a state of the art building overlooking Petco Park, home of the San Diego Padres.  The event was well-attended by nearly 100 representatives of venture capital funds from LA, Silicon Valley, and elsewhere. 

“We are very proud to be identified as one of San Diego’s “Cool Companies” said Xun Wang, president and CEO of Triton.  “There are so many interesting things happening in San Diego’s startup community, so it is a real honor to receive this recognition.  The Mixfest event was a great success, in our view - we were able to talk with dozens of VCs, several of which were interested in knowing more about Triton, and with whom we are now already in deeper conversations.”

Triton Algae Innovations is focused on bringing its healthy and nutritious green algae to the consumer market, as an affordable and sustainable source of alternative protein to help meet increasing domestic and global demand.   This same algae  - which is Generally Recognized As Safe (GRAS) for its intended uses in food - is also a proven and proprietary platform for the safe production of colostrum proteins, which are essential nutritional compounds that occur in the breast milk of all mammals.  Additionally, Triton is refining technologies for the production from its algae of proteins such as leghemoglobin and myoglobin, which are key ingredients that enable food innovators to create viable non-animal meat products.

We are very grateful to the San Diego Venture Group for selecting us to this elite group, and look forward to continuing to help SDVG in its efforts to shine a light on San Diego as a hotbed of startup innovation and ideas” said Wang.

 

Triton Algae Innovations   11558 Sorrento Valley Road #3  San Diego, CA 92121   info@tritonai.com