Benjamin Armenjon appointed as MD of OCEANIUM

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People

OCEANIUM Appoints Benjamin Armenjon of Ÿnsect to Scale and Commercialise Innovative Seaweed Products

OCEANIUM, a Scottish seaweed specialist, announces it has hired Benjamin Armenjon as Managing Director. He will be tasked with driving the commercialisation of innovative seaweed ingredients and the scaling of its proprietary seaweed biorefinery. Armenjon previously served at France’s Ÿnsect, which describes itself as the world leader in insect protein, where he led sales and commercialisation for the company and was integral to its growth, assisting its expansion to over 300 staff with locations across Europe and the US, says the company. Prior to joining Ÿnsect, he held various R&D, production, quality, and sales positions in companies such as Symrise Pet Food and Kemin Nutrisurance. Last September, the company secured $2.6 million with the funds allocated to begin scale-up and to accelerate the commercialisation of …

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

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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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