# Macro Oceans

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/macro-oceans

- Industry: Biotechnology
- Headquarters: West Sacramento, US
- Website: www.macro-oceans.com
- Total disclosed funding: $5M
- Latest round: Seed (Nov 1, 2021)
- Investors on record: 3

## About

Based in California, US, and founded in 2020 by CEO Matthew Perkins, Macro Oceans Inc., a.k.a. Macro Oceans is a biotech research company that focuses on developing the technology to accelerate the transition to a cleaner bio-based economy and help to restore the vitality of oceans. In April 2023, Macro Oceans raised USD 5 million in seed funding co-led by Lowercarbon Capital, McKinley Alaska Private Investment, and Refactor Capital.

The company’s product line includes Polysaccharide Blend, a mixture of complex sugars naturally produced by kelp grown in the pristine waters of Alaska; Alginate, a biopolymer that creates a wide range of regenerative materials, including thin-film bioplastics, yarns, and more; and Pulp, a seaweed fiber that blends into paper and packaging processes.

## Funding rounds

- Seed, Nov 1, 2021, $5M — Refactor Capital, Lowercarbon Capital, McKinley Management

## Investors

- Refactor Capital (https://capitalatlas.ai/funds/refactor-capital) — Seed
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed
- McKinley Management (https://capitalatlas.ai/funds/mckinley-management) — Seed