Origin by Ocean develops processes to remove invasive brown algae from the ocean and convert that biomass into high-performance, bio-based ingredients and materials. The company says it is engineering added-value chemical alternatives and aims to create a scalable, exportable blueprint for a regenerative bio-economy. Its near-term plan, backed by the current financing, is to build and operate an industrial-scale biorefinery at Kokkola Industrial Park in Finland. The firm frames this facility as the first step in shifting from low-margin raw biomass to high-margin, value-added products. The financing announcement emphasizes the company’s role in ocean restoration and in developing a domestic European supply of bio-based chemicals. The article does not disclose revenue, user metrics, or prior funding details.

Total raised

$8M

Funding rounds

2

Latest round

Seed

Latest activity

May 2023