Scottish manufacturing Oceanium raises €2.4 million in funding to expand seaweed processing operations

Oceanium develops and makes innovative products from sustainably sourced seaweed to benefit People Health and Planet Health. Here are details of Oceanium’s latest funding round :

🚀 Launch


🏭 Industry



Karen Scofield Seal, Charles Bavington, Jessica Thorne, Bethany Robb

💸 Funding & Investors

  • Investment (September 2023) : €2.4 million
  • Investors : led by existing investor Builders Vision with a final close to be completed by early autumn. Other investors participating in this funding round include the World Wildlife Fund and Green Angel Ventures, along with several new investors from Asia, Europe, and the US.

🎯 Funding purpose

Scale-up the company’s biorefinery technology in order to produce seaweed-based products, such as ingredients for food and cosmetics, at a commercial level.

🌐 Country HQ

Scotland (Oban)

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