West Cork seaweed biotech start-up nets €1.5m seed funding

▤ Summary

Pure Ocean Algae has received backing from The Yield Lab, Carbery Group and Enterprise Ireland. Irish biotech start-up Pure Ocean Algae has bagged 1.5m in seed funding to invest in its business platform and expand its presence in west Cork and beyond. Founded in 2019, Pure Ocean Algae describes itself as a macroalgae-based biotechnology company. This is where Pure Ocean Algae comes in. Working with existing seaweed farmers, Pure Ocean Algae hopes to expand its production area to 500 hectares over the next three years.

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