Origin by ocean

Origin by Ocean focuses on transforming harmful algae from the oceans into sustainable ingredients for everyday goods within various industries
2019
30
Espoo, Finland

Innovation

Industry Problem

Invasive algae blooms are environmental disasters

R&D Focus

Refining algae

Innovative Solution

Origin by Ocean’s ingredients include algae, bladderwrack, and kelp that can be used in the food, beverage, cosmetics, and pharmaceutical industries

Solution Effectiveness

Origin by Ocean enables clients to make sustainable use of forested and harvested marine biomass from the oceans

Investment Funding

Last Funding Stage

Seed

Total Funding Amount

$11.6M

Last Funding Amount

€7.5 m

Last Funding Date

26-Apr-23

Startup Stage

Early-Stage

Lead Investors

Respond Accelerator, Batofin, Lifeline Ventures, Plug and Play Tech Center, Security Trading

People

Founders

CEO

Products

Demo Product or Complete Product?

Development

Future Plan

Market Expansion

Plans to construct biorefineries in Australia, Indonesia and Carribean by 2027

Investment Funding

Plans to close Series A by 2025

Awards and Recognitions

Media Apperance

Submariner Network for Blue Growth, Silicon Canals

M&A and Collabs

Collab

Brightplus and Origin by Ocean join forces to utilise redefined seaweed in biomaterials

Collab

Origin by Ocean and Chempolis to start piloting bio-based products made from algae