Pure Ocean Algae
PrivateLast Round
Seed
Aug 30, 2022
Total Funding Raised
$3.73M
Company Overview
Pure Ocean Algae is a biotechnology company that operates an end-to-end production platform to cultivate the red seaweed Palmaria palmata for use in the nutraceutical, pharmaceutical, cosmetics, and food sectors.
Sector
Healthcare & Life Sciences
Verticals
Biotechnology, D2C Brands, Sustainable Materials, Fashion & Beauty
Business Model
B2B
Customer Profile
Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Pure Ocean Algae Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Pure Ocean Algae Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Aug 30, 2022 | ||||
| Grant | Oct 1, 2019 |
Pure Ocean Algae Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Disruptive Technologies Innovation Fund | Grant |
| The Yield Lab | Seed |
| SeaAhead's Blue Angel Network | Seed |
| Enterprise Ireland | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 30, 2022
$1.5M round led by The Yield Lab
- Oct 1, 2019
$2.2M grant round from multiple investors.
Pure Ocean Algae Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Pure Ocean Algae's valuation, stock price, and market status.