Origin by Ocean is a biotechnology startup based in Finland that aims to tackle the global environmental problem of eutrophication in oceans. Established in 2019, the company has received a €3.00M Seed Round investment on 26 April 2023 from a consortium of prominent investors including Lifeline Ventures, Batofin, Voima Ventures, and Security Trading. The company's mission is reflected in its slogan, "Washing the Oceans. We rid the oceans of harmful algae and turn them into everyday goods, for us all." Origin by Ocean is developing a business ecosystem centered around farmed and harvested algae, utilizing biorefinery technology to convert the issue of marine overgrowth into functional products. This innovative approach not only addresses a pressing environmental concern but also creates sustainable, biobased ingredients for various consumer applications. Origin by Ocean's commitment to shared sustainable values is evident in its emphasis on utilizing natural resources to create ecological, functional, and sustainable ingredients for everyday consumer products. By leveraging seaweed and algae as sources of nature's building blocks, the company is poised to revolutionize the production of consumer goods while mitigating the impact of eutrophication on marine ecosystems.
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