Origin by Ocean

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Project details

Project description

We revive the oceans with profit, addressing the global multibillion environmental challenge of artificial nutrient overload of our oceans. We turn this environmental challenge into an opportunity in our multiproduct high efficiency biorefineries. We create a closed nutrients cycle by turning the eutrophication problem of the oceans into high value products for the food, beverage, brewery, cosmetics, dairy and domestic detergent industries.

The problem we are solving

The Nauvu® biorefinery process creates a closed nutrients cycle from land to water and water to land. This multiproduct biorefinery process creates products from the marine eutrophication problem into valuable ingredients for daily goods manufacturers within food, beverage, baked goods, dairy, cosmetics, personal hygiene and domestic cleaning products.

Comments

For the next 12months the project is still in the lab-phase, during this time we are sampling our prototype products with our customers and continue to refine the biorefinery process. During this lab phase we are able to deliver 100's of grams of final product to our customers. As of June 2022 the project will move into the Integrated Pilot phase. In this phase we will scaleup the process maturity to be able to start delivering 10's, 100's and 1000's of kg of final product to our customers. We are preparing to open the first Nauvu® biorefinery during 2025.

Technology readiness level

Sustainable impact on Blue Economy

The industrial scale use of both cultivated & harvested marine biomass will reduce the closed nutrients cycle of the oceans. Our Nauvu® biorefinery process creates a closed nutrients cycle from land to water and water to land. This process does not only circulate the phosphorus and nitrogen but also alleviates the acidification process of our oceans. The industrial scale bladderwrack farms in the Baltic Sea will also provide shelter for fish-stocks and marine wildlife and create a positive impact to the biodiversity of the Baltic Sea.

Basic information

Country

Finland

Sector

Aquaculture, Blue biotechnology, Key enabling technologies, Ocean waste management

Patents

Expected growth in number of jobs

Brief biography of founders and CEO

Mari Granström, Chief Science Activist, PhD Org. Chem, +10years of biomaterials and biorefinery process development. Mari has a strong career from BASF & Stora Enso where she has been working on biobased materials and biorefinery process research & development. For more than 10years Mari has been compiling the scientific background of the Nauvu biorefinery process. Being a true activist at heart Mari has found her true cause in Origin by Ocean. Mikael Westerlund, Chief Business Activist, MBA & BSc Eng, +20years of international business leadership and development. With a broad background in various executive leadership positions Mikael has through his career been building new businesses and business strategies. The Baltic Sea close to heart and a true desire to create a new sustainable business is a key driver for Mikael. Together the founders complement each other and create a dynamic and inclusive company culture with a unique change ambition.

Financial data

Finance needs

14000000

Planned Funding Uses

The next investment round will be directed towards our integrated pilot phase. This phase includes the scaleup of the refinery process as well as building the capability to start address larger international customers

Company profile

Origin by Ocean

Company type:

Start-up - company younger than 3 years

Company description:

We revive the oceans with profit, addressing the global multibillion environmental challenge of artificial nutrient overload of our oceans. We turn this environmental challenge into an opportunity in our multiproduct high efficiency biorefineries. We produce biobased ingredients such as emulsifiers and pigments for fast moving goods manufacturers within food, beverage, brewery, cosmetics, dairy and domestic detergents. We are building a billion company and global market leader in the nutrient removal business

Year of establishment

2019

Employees

Active customers

Maritime Forum Themes

Origin by Ocean

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Origin by Ocean