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366 Finnish startup receives €7.5 million in seed capital to detoxify the chemical industry with algae-based solutions

ArcticStartup
Nurcin Metingil @ ArcticStartup 1 place · 05/02/2023 09:24 EDT

Finnish startup receives €7.5 million in seed capital to detoxify the chemical industry with algae-based solutions

Origin by Ocean, an Espoo-based startup, has successfully raised €7.5 million in a seed round from notable investors such as Voima Ventures and Lifeline Ventures, along with Batofin and Security Trading. In addition, the company secured a €4.5 million loan from Business Finland to further develop its industrial-scale algae refining technology and commercialize the process. […]

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