# Gadusol Laboratories

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gadusol-laboratories

- Industry: Biotechnology
- Headquarters: Corvallis, US
- Website: www.gadusollabs.com
- Total disclosed funding: $1.7M
- Latest round: Seed (Jul 1, 2020)
- Investors on record: 4

## About

Based in Oregon, US, and founded in 2017 by its CEO Katie Pettinger, and co-founders Dr. Alan Bakalinsky and Dr. Taifo Mahmud. Gadusol Laboratories, Inc. is an Oregon State University (OSU) spinout that operates as a biotechnology company and produces sunscreen compounds. In July 2022, Arcaea LLC, a portfolio company of Olaplex Holdings, Inc., Cascade Investment, CHANEL S.A., Givaudan, Viking Global Investors, and Wittington Ventures, acquired Gadusol Laboratories, Inc. from Business Oregon, Ideaship, The National Science Foundation, and Vertue Lab.

Gadusol Laboratories, Inc. develops sunscreen ingredients derived from marine organisms that create their own UV-ray absorbing compounds using biological technology. The company also provides supplemental skin/health benefits.

## Funding rounds

- Seed, Jul 1, 2020, $1.7M — National Science Foundation, VertueLab, Business Oregon, Ideaship

## Investors

- National Science Foundation — Seed
- VertueLab (https://capitalatlas.ai/funds/vertuelab) — Seed
- Business Oregon — Seed
- Ideaship (https://capitalatlas.ai/funds/ideaship) — Seed
