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Oceanium

Based in the UK, Oceanium Ltd, is a blue-economy, impact company using innovative bio-refinery methods to turn sustainably-farmed seaweed to develop and make products Food & Nutrition, Cosmetics, and Innovative Material products. Oceanium uses green chemistry to develop a sustainable and scalable bio-refinery manufacturing process working towards extracting maximum value from seaweed whilst producing zero waste. Seaweed is one of the fastest growing plants on earth, is low/no input and has potential as a nature-based solution for ecosystem health. By sourcing only sustainably farmed seaweed, Oceanium enables the seaweed farming ecosystem thus improving local livelihoods in coastal areas.

Investor Base

Invetsors: Builders Vision, Katapult Ocean, WWF, Sky Ocean Ventures, Green Angel Ventures, GlassWall Syndicate.
Grant Providers: European Commission and Innovate UK.

Impact Summary

Impact Governance

🗹 Responsible business practices benefiting stakeholders

🗹 Mission aligned Shareholders

Impact Strategy

🗹 Impact is integral to business

🗹 Scalable solution with quantitative impact

🗹 Evidence of, or opportunity to, mission lock

Impact Track Record

🗹 Demonstrable impact commitment from founder

Fundraising Details

Asset Class

Company

Targeted Amount

USD 3 million (Seed)

Close Date

July 2023

Impact theme

People & Planet
Health

Geography

Global

About Sustainable Finance Initiative

Sustainable Finance Initiative (SFi) is a global platform created by and for APAC-focused private investors and changemakers, who believe in mobilising private capital for positive impact. Through education, collaboration, and action, SFi equips investors to integrate sustainable finance strategies, strengthen ecosystems, and position Hong Kong as a global hub for impact investing.

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