Startups
Ocean Rainforest Sp/F (est. 2007) is a Faroese private company, which is engaged in the production of macroalgae (seaweed), cultivated on open ocean installations. The company has developed a scalable macroalgae cultivation rig (MACR) for off-shore deployment in water depths up to 200 meters.
Ocean Rainforest er eitt føroyskt felag, sum arbeiðir við framleiðslu av havbiomassa úr tara, sum er aldur á opnum havi. Ocean Rainforest hevur 15.000 metrar av taralínum í Funningsfirði. Harvið er Ocean Rainforest størsti taraalifyritøka í Europa. Meginparturin av framleiðsluni verður útfluttur til Europa og Canada. Harumframt er felagið virkið í altjóða granskingarverkætlanum.
Ocean Rainforest er eitt føroyskt felag, sum arbeiðir við framleiðslu av havbiomassa úr tara, sum er aldur á opnum havi. Ocean Rainforest hevur 15.000 metrar av taralínum í Funningsfirði. Harvið er Ocean Rainforest størsti taraalifyritøka í Europa. Meginparturin av framleiðsluni verður útfluttur til Europa og Canada. Harumframt er felagið virkið í altjóða granskingarverkætlanum.
Overview
Location
Denmark
Employees
11-50
Phone
+298 310700
Total raised
$1.5M
Founded date
2007
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Twynam Investments | twynam.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 9
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Oct 2, 2024 | Seaweed Extract Global Market Report 2024, with Market Shares of Leading Companies | DUBLIN–(BUSINESS WIRE)–The “Seaweed Extract: Global Markets” report has been added to ResearchAndMarkets.com’s offering. The global market for seaweed extract was valued at $16.5 billion in 2023 and is projected to grow to $20.9 billion by ... |
| Jan 11, 2024 | Data snapshot: From insect ag and vertical farming to aquaculture… the top 20 deals in Novel Farming Systems in 2023 | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
| Oct 18, 2023 | Seaweed cultivator Ocean Rainforest bags €4.5M award to develop sustainable offshore seaweed farming | Read this article in: Faroe Islands-based Ocean Rainforest, a sustainable seaweed cultivator, announced that it has secured a €4.5M Technology to Market Plus Up award from the Department of Energy’s Advanced Research Projects Agency–Energy ... |
| Feb 17, 2023 | This Faroe Islands-based startup raises €5.8M to create local ocean rainforests globally; here’s how | Kaldbak, Faroe Islands-based Ocean Rainforest, a seaweed cultivation and processing company, announced on Wednesday, February 15, that it has raised $6.2M (approximately €5.8M) funding in a Series A round of funding, led by The Grantham Fou... |
| Sep 4, 2020 | Agrifood investors head to the beach – but not for vacation | Normally, August is a slow month. It wasn’t this year – especially if you’re a seafood startup. Two big fund announcements and a spate of aquaculture and sustainable seafood deals signal that this long-underinvested agrifoodtech sector has ... |
| Aug 17, 2020 | WWF leads $1.5m investment in seaweed startup Ocean Rainforest | While reporting on the quest for sustainable seaweed last year, I alighted on the Faroe Islands, a remote archipelago in the North Atlantic. Here, I met the team at Ocean Rainforest, headed up by veteran Faroese ‘algae-preneur’ Olavur Grege... |
| Jul 2, 2019 | The Quest For Sustainable Seaweed | Swaying below the waves of a remote North Atlantic fjord are layers of rope held up by buoys and fixed to the ocean floor with anchors; the ropes themselves have been seeded densely with seaweed crops. A less dazzling landmark than the natu... |
| Ocean Rainforest | “We are a young blue growth company based in the Faroe Islands with offices in the USA. Our purpose is to improve people’s wellbeing and to make a unique contribution to our blue planet. We do this by applying science, innovation and expert... |
Reviews 0
FAQ about Ocean Rainforest
When was Ocean Rainforest founded?
Ocean Rainforest was founded in 2007.
How much funding has Ocean Rainforest raised?
Ocean Rainforest has raised $1.5M in total across 1 funding round.
Who has invested in Ocean Rainforest?
Parsers VC lists 2 investors of Ocean Rainforest, among them Twynam Investments.
What has the press written about Ocean Rainforest?
Parsers VC has collected 9 articles mentioning Ocean Rainforest, among them “Seaweed Extract Global Market Report 2024, with Market Shares of Leading Companies” (Oct 2, 2024) and “Data snapshot: From insect ag and vertical farming to aquaculture… the top 20 deals in Novel Farming Systems in 2023” (Jan 11, 2024).
Is Ocean Rainforest still active?
Yes, Ocean Rainforest is active; its latest activity on Parsers VC dates from Sep 10, 2026.