OCEANIUM announces a $2.6 million raise to scale its proprietary seaweed biorefinery technology


Investments & Finance

OCEANIUM Secures $2.6M to Meet Growing Demand for Sustainable Seaweed Products

OCEANIUM, a Scottish company specializing in cultivating and processing seaweed, announces a $2.6 million raise to scale its proprietary biorefinery technology. Additionally, the capital will help the Scottish company accelerate the commercialization of its seaweed-derived ingredients and materials to meet market demand for sustainable products.  Impact platform Builders Vision led the round with additional participation from new investors, including BDT & MSD Partners and two family office members of the Hong Kong-based Sustainable Finance Initiative — OCEANIUM’s first investment from Asia. Previous investors, The World Wildlife Fund (WWF) and Green Angel Ventures, backed the company again in this round. Karen Scofield Seal, CEO and co-founder of OCEANIUM, said: “This investment led by Builders Vision will allow OCEANIUM to scale its proprietary technology to meet the growing demand …


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