# Azolla, Inc.

 Turning CO2 into valuable products 

## Elevator pitch
Addressing the climate crisis, while maintaining economic growth, is a huge challenge. Azolla’s mission is to turn CO2 into an opportunity that capitalizes on waste, creating a solution that is sustainable in a way of generating profits as well as protecting the environment. Our revolutionary technology leverages proprietary photosynthetic cells that use only the fundamentals of life - CO2, light and water - to generate a sustainable performance biomaterial to make carbon negative textiles.

- Canonical URL: https://wefunder.com/azolla
- Entity ID: wefunder:company:109963
- Last updated: 2026-06-20T05:00:49Z
- Generated at: 2026-06-20T13:28:34Z

## Quick facts
- Accelerating transition to net-zero economy by turning COs into biomaterials for everyday products
- Addressing urgent needs to reduce carbon emissions and combating plastic pollution simultaneously
- Enabling fashion brands to meet their net-zero goals without sacrificing profitability
- Each pound of our biodegradable material removes 3 pounds of CO2 from the air
- Inspiring companies to replace plastics with biodegradable options for a better future
- CEO with 20+ years in textile industry gives us an inside track to manufacturing pipeline
- Creating carbon-negative sustainable alternatives for the trillion-dollar textile market
- Azolla’s biomanufacturing platform is designed to evolve industries and drive consumer demand

## Active fundraises
- wefunder:fundraise:59085: 4(a)(6) successful (USD)
- wefunder:fundraise:60473: 4(a)(6) successful (USD)

## Story
Forward-looking statements are not guaranteed.Forward-looking projections are not guaranteed.

## FAQ
1. **What can you divulge re patents?**
   - Hello Brian, great question! We are working on a provisional patent. Our IP strategy includes filing for multiple patents as we progress through POC and into production phases.
2. **Hello, 1) How do you compare to companies like LanzaTech, Rubi Laboratories, and Algaeing? What makes your process or product a better choice? 2) What does end of life look like for your fabric? Is it biodegradable? Thanks**
   - Hello Felix, thanks for asking. Coming from the textile industry, I am really excited that there are bunch of companies working on better material options to satisfy the huge global demand. For years I was responsible for material sourcing so I understand that when making purchasing decisions price is #1 consideration, followed by performance. That's why I believe that Azolla’s simple 3 step process which eliminates the steps (which = cost) associated with upstream and downstream processing h...
3. **Hi Lubica, Have you successfully created any product as of now or still is it in just research paper only. What is your plan to compete with existing textile or other fabric market players? Is your technology patented yet? And how much cost effective is your product compared t...**
   - Hello Arhgya, let see if I can answer all of your questions: 1) we are at the lab stage, completing proof-of-concept; 2) textile is a huge market and many manufactures and brands are desperately looking for alternatives to today's options, so there is room for many players. I spent years in the industry, so have quite a few contacts that are ready to work with Azolla once we are at the pilot stage. Because our process is very simple and our only feedstock is CO2, the initial TEA shows that, a...
4. **Can you share your thoughts on how often you will update us on how things are progressing with your goals and business plan? Secondly, do you intend to file the annual report with the SEC? Thanks for your feedback.**
   - Thanks Eric, We are planning are updating our investors regularly with any new developments and exciting news. Best, Lubica
5. **Hi my name is Robert Powers, I am very interested in investing in project and I am very glad to have found it. But I was just wondering why such a high investment. Minimum.**
   - Hello Robert, Thank you for reaching out and for your interest in Azolla. We chose a minimum investment of $250 because it aligns with what other companies on Wefunder set as a baseline. After consulting with industry advisors, we determined that this amount is a reasonable starting point for a company operating in climate biomanufacturing. It helps us focus on investors aligned with our mission and the impact we aim to achieve. Please don’t hesitate to reach out if you have any questions or ...

## Team
- Lubica Hanacek (CEO)
- Milan Hanacek (CTO)
- Dan Robertson, PhD (Chief Scientific Advisor)

## Recent posts
- Progress on Azolla’s Genetically Engineered Bacterial Strain for Nanocellulose Production (2025-08-05T16:44:09Z)
- Time is Running out (2024-12-13T01:07:01Z)
- Founder's Story (2024-12-07T16:34:30Z)
- Azolla’s Mission to Build a Sustainable Future (2024-12-02T21:17:44Z)
- Imagine World Beyond Plastics (2024-11-22T23:33:43Z)
- Fighting Microplastics: Azolla’s Biodegradable Solution (2024-11-16T00:34:28Z)
- Future of Fashion (2024-09-27T21:28:01Z)
- Breaking Through Barriers (2024-08-14T20:35:00Z)
- Lubica will be pitching at SuperCrowd! (2024-04-16T19:44:04Z)
- Milan discusses Azolla with president of Slovakia (2024-02-07T01:00:14Z)
- Lubica Hanacek: Innovating Textiles with CO2 Technology (2024-01-19T23:01:01Z)
- Azolla receives grant from BETO (2022-09-28T23:24:05Z)
- Azolla at Biofabricate Summit (2022-06-28T17:47:04Z)

## Q&A
- Q: Can you share your thoughts on how often you will update us on how things are progressing with your goals and business plan? Secondly, do you intend to file the annual report with the SEC? Thanks for your feedback.
  - A: Thanks Eric, We are planning are updating our investors regularly with any new developments and exciting news. Best, Lubica
- Q: Hello, 1) How do you compare to companies like LanzaTech, Rubi Laboratories, and Algaeing? What makes your process or product a better choice? 2) What does end of life look like for your fabric? Is it biodegradable? Thanks
  - A: Hello Felix, thanks for asking. Coming from the textile industry, I am really excited that there are bunch of companies working on better material options to satisfy the huge global demand. For years I was responsible for material sourcing so I understand that when making purchasing decisions price is #1 consideration, followed by performance. That's why I believe that Azolla’s simple 3 step process which eliminates the steps (which = cost) associated with upstream and downstream processing has the potential to have a meaningful impact. Our method uses only CO2, light and water to generate natural biomaterial offering economic advantages. Also, the initial TEA has shown that at scale the cost of biomaterial produced by our method will be comparable to today’s commonly used performance materials, and can be a ‘drop-in’ with existing manufacturing processes like spinning without any equipment modifications. At the end of life, the material can be recycled or allowed to decompose, similar to cotton.
- Q: Hi, You write on the Overview page, "We believe we'll need $10M to start generating revenues in 24 months. We project revenue to be $894,688 in 2024 and expenses to be $1,950,696," but I assume you wrote that before you even opened this fundraiser only a year ago, yet you speak of two years and 2024 in the same breath. So now that we are at the end of 2024, it seems that you have not raised anywhere near what you need to generate that projected revenue anytime soon. How are your plans going forward from here, since this fundraiser is ending soon? You do state elsewhere that $124K would give you enough to hire a scientist and complete the R&D for proof of concept, so if that's where you're at now, how were you expecting to get to that revenue by now when you hadn't even gotten to proof of concept? Have you at least had any concrete lab results from your photosynthesis process? And if so, why isn't that proof of concept? And if you've already done it, why do you now need a scientist? Is your entire project now only a theoretical idea on paper? Please explain. p.s. I have just seen your new post, perhaps in response to my questions here. You write there that you, "came up with the idea to genetically engineer a bacterium that could use photosynthesis and produce pure nanocellulose." Does that mean that as of now, you have nothing more than "idea" that theoretically seems feasible on paper but has never been tried even in a test tube or the likes? Please answer my questions here.
- Q: Hi Lubina, What is the nature of the energy,used by the reactor?is it solar powered?,is it very intense in water consumption?,can your textile producing process be considered 100% circular economy ( since your system is a net CO2 negative cycle?
- Q: when are you closing the raise? Thanks.
- Q: Hi, can you provide an update to investors please? Thanks much. Tim
- Q: Shame on you for not answering questions. But just in case you have any conscience, here's a repost from last week: You write on the Overview page, "We believe we'll need $10M to start generating revenues in 24 months. We project revenue to be $894,688 in 2024 and expenses to be $1,950,696," but I assume you wrote that before you even opened this fundraiser only a year ago, yet you speak of two years and 2024 in the same breath. So now that we are at the end of 2024, it seems that you have not raised anywhere near what you need to generate that projected revenue anytime soon. How are your plans going forward from here, since this fundraiser is ending soon? You do state elsewhere that $124K would give you enough to hire a scientist and complete the R&D for proof of concept, so if that's where you're at now, how were you expecting to get to that revenue by now when you hadn't even gotten to proof of concept? Have you at least had any concrete lab results from your photosynthesis process? And if so, why isn't that proof of concept? And if you've already done it, why do you now need a scientist? Is your entire project now only a theoretical idea on paper? Please explain. p.s. I have just seen your new post, perhaps in response to my questions here. You write there that you, "came up with the idea to genetically engineer a bacterium that could use photosynthesis and produce pure nanocellulose." Does that mean that as of now, you have nothing more than "idea" that theoretically seems feasible on paper but has never been tried even in a test tube or the likes?
  - A: Hello Josh, Thank you for your questions and feedback. Let me address them clearly: Our initial projections were set early in our journey, and like many startups, our timelines and needs have evolved. Over the past year, we’ve focused on foundational R&D to refine our concept, which is critical for moving toward revenue generation. Regarding proof of concept, we’ve made progress validating the feasibility of genetically engineering bacteria to produce nanocellulose, working with several National Labs, but scientific breakthroughs take time. While our project began as a theoretical idea, it’s grounded in strong science, and we are steadily moving from concept to application.
- Q: Hi my name is Robert Powers, I am very interested in investing in project and I am very glad to have found it. But I was just wondering why such a high investment. Minimum.
  - A: Hello Robert, Thank you for reaching out and for your interest in Azolla. We chose a minimum investment of $250 because it aligns with what other companies on Wefunder set as a baseline. After consulting with industry advisors, we determined that this amount is a reasonable starting point for a company operating in climate biomanufacturing. It helps us focus on investors aligned with our mission and the impact we aim to achieve. Please don’t hesitate to reach out if you have any questions or want additional information about our campaign. We truly appreciate your support! Best regards, Lubica
- Q: Hi, Do you have or will you have an unfair advantage ? Like patterns for example. Best regards.
- Q: Got an amazing project that needs investors? I'm here to help you get the attention and support your campaign deserves! on Wefunder, I'll ensure your campaign reaches the right people to help you achieve your goals. KINDLY CONTACT THROUGH THIS LINK https://shorturl.at/hKkuR
- Q: Hi Lubica, Have you successfully created any product as of now or still is it in just research paper only. What is your plan to compete with existing textile or other fabric market players? Is your technology patented yet? And how much cost effective is your product compared to existing market products? How are you planning to expand your business and market share? And at last what is the way forward to enter into the IPO market??
  - A: Hello Arhgya, let see if I can answer all of your questions: 1) we are at the lab stage, completing proof-of-concept; 2) textile is a huge market and many manufactures and brands are desperately looking for alternatives to today's options, so there is room for many players. I spent years in the industry, so have quite a few contacts that are ready to work with Azolla once we are at the pilot stage. Because our process is very simple and our only feedstock is CO2, the initial TEA shows that, at scale, the price of our carbon-negative material will be able to compete with current textiles. We are planning on licensing our technology to existing textile manufacturers and also to other industries that are currently using plastics and cellulose derived from wood. Our exit strategy is that, if and when we are ready, one of these companies may be interested in acquiring Azolla or we may consider IPO if that is more advantageous. Hope that I answered all of your questions and that you will find our technology compelling enough that you will join the team of our supporters.
- Q: Do you already have the bacterium created? Has any initial testing been done on the industrial process required for extracting the created fibers from the photobioreactor? I am interested in what the tangible next steps are with the funding.
- Q: What can you divulge re patents?
  - A: Hello Brian, great question! We are working on a provisional patent. Our IP strategy includes filing for multiple patents as we progress through POC and into production phases.
- Q: What is your cash on hand and burn rate?