Pure Ocean Algae

About:

Pure Ocean Algae is a biotechnology company that integrates value chains from macro-algae and other marine resources.

Website: https://www.pureoceanalgae.ie/

Top Investors: Carbery Group, Enterprise Ireland, The Yield Lab, SeaAhead

Description:

Pure Ocean Algae is a biotechnology company that integrates value chains from macro-algae and other marine resources. The company has over the winter of 2019/20 deployed its first trial lines of Palmaria palmata to sea, with initial results being extremely positive. It has also taken primary research in tank-based vegetative production and succeeded in developing a pilot commercial plant that can produce commercial volumes of Palmaria palmata, at levels approaching 100% per week.

Total Funding Amount:

1.5M EUR

Headquarters Location:

Cork, Cork, Ireland

Founded Date:

2019-01-01

Founders:

Number of Employees:

1-10

Last Funding Date:

2022-08-23

IPO Status:

Private

Industries: