Ocean Rainforest

BiotechnologySeries AFaroe Islandsoceanrainforest.com

Latest round

Series A

Last raised

Feb 2023

Total raised

$6.2M

Investors

7

About Ocean Rainforest

Ocean Rainforest, Inc, founded in 2007 in the Faroe Islands, is dedicated to sustainable seaweed aquaculture. The company engages in innovative practices to cultivate and harvest seaweed, primarily operating out of its headquarters in the Faroe Islands.Ocean Rainforest is a leading innovator in sustainable seaweed aquaculture, focusing on the cultivation, harvesting, and processing of premium seaweed products. Their core offerings include various species of seaweed, such as S. Latissima, A. Esculenta, L. Digitata, and P. Palmata, which are utilized in multiple industries, including food, feed, nutraceuticals, and cosmetics. The company emphasizes a gentle handling process performed by local experts to ensure that the seaweed retains its nutrient-rich properties. Ocean Rainforest's products target health-conscious consumers and businesses seeking natural and sustainable ingredients for their offerings.Ocean Rainforest's revenue model is based on direct sales of its seaweed products to a variety of customers, including retailers, wholesalers, and manufacturers in the food and nutraceutical sectors. The company engages in B2B transactions, providing fully traceable, high-quality seaweed to businesses that incorporate these ingredients into their products. Transactions may involve bulk orders or subscription services for regular supply agreements, enhancing the accessibility of their offerings. Specific pricing structures are determined by product type and volume, ensuring flexibility in serving the diverse needs of their client base. The company plans to introduce new species of seaweed products to meet consumer demand and will focus on expanding its reach into markets across Europe and North America by late 2025.

Who invested in Ocean Rainforest

7 investors across 1 round

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Funding rounds

  1. Series A

    Feb 15, 2023

    Amount

    $6.2M

    Investors

    Locked

Questions about Ocean Rainforest

Who invested in Ocean Rainforest?

Ocean Rainforest has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ocean Rainforest raised?

Ocean Rainforest has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Ocean Rainforest last raise money?

Ocean Rainforest's most recent round on record is a Series A, in Feb 2023.

What does Ocean Rainforest do?

Ocean Rainforest, Inc, founded in 2007 in the Faroe Islands, is dedicated to sustainable seaweed aquaculture.

Where is Ocean Rainforest headquartered?

Ocean Rainforest is headquartered in Faroe Islands.

Which VCs invest in companies like Ocean Rainforest?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back biotechnology companies at Ocean Rainforest's stage. Their profiles are linked below.

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