Ocean Rainforest

Ocean Rainforest is a company based in Denmark, established in 2007, that focuses on seaweed cultivation in open ocean facilities. The company's MacroAlgae Cultivation Rig (MACR) has established itself as a leading offshore seaweed cultivation system since 2010. It boasts higher growth rates and lower costs compared to other similar offshore systems. The scalability, predictability, and sustainability of the system have contributed to its success. The recent Series A investment of $6.20M on 15th February 2023 involved investment from a diverse group of organizations including Katapult Ocean, Builders Vision, Grantham Environmental Trust's Neglected Climate Opportunities Fund, Ocean Born Foundation, Twynam Agricultural Group, Norðoya Íløgufelag, and World Wildlife Fund. This funding is expected to further fuel the company's growth and market expansion. Ocean Rainforest's mission to produce seaweed while improving people's wellbeing and making a unique contribution to the environment is reflected in its operations. Since 2014, the company has been supplying high-quality seaweed products to the European food and feed market, showcasing its potential in the industry. The company’s innovative on-shore processes for seaweed storage have contributed to maintaining the quality and stability of its products. With a strong track record in the industry and a commitment to sustainability, Ocean Rainforest is well-positioned for further success and expansion in the future.