About Cyanotech
Cyanotech is a company based in Kailua Kona (United States) founded in 1983.. The company has 83 employees as of March 31, 2024. Cyanotech offers products and services including Astaxanthin, Spirulina, and BioAstin. Cyanotech operates in a competitive market with competitors including Microphyt, Olmix, Bioage, Provectus Algae and Euglena, among others.
- Headquarter Kailua Kona, United States
- Employees 83 as on 31 Mar, 2024
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Cyanotech Corp.
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Annual Revenue
$24.21 M4.96as on Mar 31, 2024
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Net Profit
$-3.2 M39.19as on Mar 31, 2024
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EBITDA
$-629 K74.95as on Mar 31, 2024
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Latest Funding Round
$378.98 K (USD), Post-IPO
May 09, 2016
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Investors
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Employee Count
83
as on Mar 31, 2024
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IPO & Listings of Cyanotech
Cyanotech is a publicly listed company on the OTC with ticker symbol CYAN in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Cyanotech
Cyanotech offers a comprehensive portfolio of products and services, including Astaxanthin, Spirulina, and BioAstin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Antioxidant supplement from microalgae for health and immune support.
Protein-rich algae providing nutritional benefits for daily wellness.
Water-dispersible Astaxanthin variant for enhanced bioavailability.
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Funding Insights of Cyanotech
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $378,975
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First Round
First Round
(01 May 1993)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Post-IPO - Cyanotech | Valuation |
investors |
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| Oct, 2002 | Amount | Post-IPO - Cyanotech | Valuation |
investors |
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| Oct, 2002 | Amount | Debt – Convertible - Cyanotech | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cyanotech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cyanotech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cyanotech Comparisons
Competitors of Cyanotech
Cyanotech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Microphyt, Olmix, Bioage, Provectus Algae and Euglena, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Microalgae cultivation technology is developed and supplied.
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| domain | founded_year | HQ Location |
Developing and marketing algal extracts for use in plant, animal and human health products
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| domain | founded_year | HQ Location |
Manufacturer of algal extracts nutritional products
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| domain | founded_year | HQ Location |
Algae-based bio-products are produced using AI-driven technology.
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| domain | founded_year | HQ Location |
Developing and marketing microalgae for use in functional foods
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| domain | founded_year | HQ Location |
Micro-algae are produced for food ingredients and dietary supplements.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cyanotech
Frequently Asked Questions about Cyanotech
When was Cyanotech founded?
Cyanotech was founded in 1983 and raised its 1st funding round 10 years after it was founded.
Where is Cyanotech located?
Cyanotech is headquartered in Kailua Kona, United States. It is registered at Kailua Kona, Hawaii, United States.
Who is the current CEO of Cyanotech?
Mawae Morton is the current CEO of Cyanotech.
How many employees does Cyanotech have?
As of Mar 31, 2024, the latest employee count at Cyanotech is 83.
What is the annual revenue of Cyanotech?
Annual revenue of Cyanotech is $24.21M as on Mar 31, 2024.
What does Cyanotech do?
Cyanotech was founded in 1983 and is headquartered in Kailua Kona, United States. Operations focus on the health supplements sector, where natural ingredients are sourced for product development. The portfolio consists of two main offerings: Bioastin, featuring Hawaiian astaxanthin, and Spirulina Pacifica. These products are designed to support immune, eye, skin, joint, and cardiovascular health through established formulations.
Who are the top competitors of Cyanotech?
Cyanotech's top competitors include Microphyt, Provectus Algae and Olmix.
What products or services does Cyanotech offer?
Cyanotech offers Astaxanthin, Spirulina, and BioAstin.
Is Cyanotech publicly traded?
Yes, Cyanotech is publicly traded on OTC under the ticker symbol CYAN.
What is Cyanotech's ticker symbol?
The ticker symbol of Cyanotech is CYAN on OTC.