About Origin by Ocean
Origin by Ocean is a company based in Espoo (Finland) founded in 2019 by Mari Granstrom and Mikael Westerlund. Origin by Ocean has raised $3.3 million across 2 funding rounds from investors including Finpro, Lifeline Ventures and Voima Ventures. Origin by Ocean offers products and services including OceanThix™ and OceanBoost™. Origin by Ocean operates in a competitive market with competitors including Microphyt, Zivo Bioscience, Simris Alg, Fermentalg and Algatech, among others.
- Headquarter Espoo, Finland
- Founders Mari Granstrom, Mikael Westerlund
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Sectors
Agriculture
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.3 M (USD)
in 2 rounds
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Latest Funding Round
$4.96 M (USD), Debt – Conventional
Apr 26, 2023
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Investors
Finpro
& 3 more
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Employee Count
Not available
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Products & Services of Origin by Ocean
Origin by Ocean offers a comprehensive portfolio of products and services, including OceanThix™ and OceanBoost™.
Alginate for use in food, beverages, and baked goods applications.
Ingredients for skincare, haircare, and cosmetic formulations.
People of Origin by Ocean
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Funding Insights of Origin by Ocean
Origin by Ocean has successfully raised a total of $3.3M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.96 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Origin by Ocean
Origin by Ocean has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Finpro, Lifeline Ventures and Voima Ventures.
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Early-stage venture capital is invested in European startups across sectors.
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Funding is provided for deep tech ventures in Nordics.
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A single-family office providing financial and management services.
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Investor details for Origin by Ocean
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Investments & Acquisitions by Origin by Ocean
Investment portfolio details for Origin by Ocean
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Financial Statements - Origin by Ocean
Detailed financials for Origin by Ocean
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Origin By Ocean Comparisons
Peer comparison for Origin by Ocean
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Competitors of Origin by Ocean
Origin by Ocean operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Microphyt, Zivo Bioscience, Simris Alg, Fermentalg and Algatech, among others.
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Microalgae cultivation technology is developed and supplied.
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Bioactive compounds from algal strain
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Algae are cultivated, harvested, and processed into oils and products.
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Microalgae are processed via fermentors to yield biomass feedstock.
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Microalgae are cultivated commercially for astaxanthin production.
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Seaweed-based biological solutions for agriculture and beyond are developed.
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Detailed competitors of Origin by Ocean
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Latest news on Origin By Ocean
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Frequently Asked Questions about Origin by Ocean
Origin by Ocean was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Origin by Ocean is headquartered in Espoo, Finland.
Origin by Ocean is a funded company, having raised a total of $3.3M across 2 funding rounds to date.
Producer of algae-based diversified products. It leverages a biorefining process to extract bio-based chemicals from algae and seaweed. Its product offering includes products related to food ingredients, feedstock, agriculture, cosmetics, and textiles.
Origin by Ocean's top competitors include Fermentalg, Microphyt and Zivo Bioscience.
Origin by Ocean offers OceanThix™ and OceanBoost™.
Origin by Ocean has 4 investors. Key investors include Finpro, Lifeline Ventures, Voima Ventures, and Batofin.