What is Macro Oceans?
Macro Oceans is at the forefront of developing a sustainable kelp economy, ingeniously converting 100% traceable kelp into high-value marine bioactives and advanced materials. These products are brilliantly designed for applications in the beauty sector and beyond, positioning the company as a key player in the bio-based materials and sustainable ingredients market. The company's mission is to contribute to a low-carbon future through its innovative kelp-derived solutions, addressing both market demand and environmental imperatives.
How much funding has Macro Oceans raised?
Macro Oceans has raised a total of $12.5M across 2 funding rounds:
Angel/Seed
$5M
Angel/Seed
$7.5M
Angel/Seed (2023): $5M with participation from Refactor Capital, McKinley Capital Management, and Lowercarbon Capital
Angel/Seed (2024): $7.5M led by Knollwood Investment Advisory and Refactor Capital
Key Investors in Macro Oceans
Refactor Capital
Refactor Capital is an early-stage venture capital firm that focuses on investing in hard tech founders who are addressing fundamental human problems. The firm primarily invests in seed-stage companies in the US, providing substantial funding and direct access to its founding partner, Zal. Refactor Capital emphasizes building trust and long-term partnerships with founders, offering support beyond just financial investment. The firm aims to assist entrepreneurs in navigating challenges related to fundraising, financial strategy, and resilience.
McKinley Capital Management
McKinley Capital Management, LLC is a global investment and research firm based in Anchorage, Alaska, with offices in Chicago, New York, and a Juneau and Abu Dhabi, UAE affiliate. Our investment team specializes in quantitative growth investing using a data-driven methodology that combines cutting-edge analytical technology with sound mathematical principles to identify the worlds fast growing investment opportunities.
Lowercarbon Capital
Lowercarbon Capital backs kickass companies that make real money slashing CO2 emissions, sucking carbon out of the sky, and buying us time to heal the planet.
What's next for Macro Oceans?
With this latest round of major strategic investment, Macro Oceans is poised for accelerated growth and market expansion. The substantial capital infusion is expected to fuel further research and development into novel kelp-based products, enhance production capabilities, and broaden the company's market reach within the beauty and materials industries. This financing round signals a critical phase for Macro Oceans as it scales its operations and solidifies its position as a leader in the sustainable bio-economy, leveraging its unique kelp transformation technology to drive innovation and environmental impact.
See full Macro Oceans company page
