New wave · Worldwide

New algae and seaweed startups, founded 2020 on

The new wave: 26 algae and seaweed startups founded in 2020 or later that have raised money in rounds we track, $88M between them, placed in 3 segments.

26startups on the map
3segments
$88Mraised between them
Food and feedmost funded segment

Food and feed

13

Materials and packaging

8

Farming and cultivation

5

Segment by segment

Food and feed

13 startups · $35M raised

  1. EdoniaEdonia offers plant-based protein food production with low processed & micro-algae based ingredients.France$18M
  2. Alga BiosciencesAlga Biosciences is a climate technology startup founded in 2021, based in San Francisco, California.United States$4.0M
  3. OLALA!OLALA!France$3.4M
  4. Macro OceansMacro Oceans is focused on building a kelp economy to support a low carbon future.United States$2.5M
  5. Umaro FoodsUmaro Foods specializes in developing a plant-based protein source from ocean-farmed seaweed.United States$2.0M
  6. KoraloKoralo creates food enriching health and beauty, by mimicking oceans with patented co-fermentation technology of microalgae and mycelium.Germany$1.4M
  7. Neptune ElementsNeptune Elements is a French food-tech startup founded in 2020, based in Camaret-sur-Mer, Brittany.France$1.0M
  8. Quazy FoodsQuazy Foods is a biotechnology startup based in Berlin, founded in late 2021 by Arvid Seeberg-Elverfeldt and Berenike Zimmer.Germany$857K

Materials and packaging

8 startups · $35M raised

  1. SwaySway Innovation Co., also known as Sway, is a California-based cleantech and materials company focused on developing sustainable pUnited States$25M
  2. KelpiKelpi is a UK-based sustainable materials innovation company founded in 2020.United Kingdom$5.5M
  3. SoarceSoarce synergizes seaweed and nanotechnology to produce high performing, protective, and low-carbon fabrics and leathers.United States$2.0M
  4. revoltechrevoltech is a materials innovation company based in Darmstadt, Germany.Germany$1.1M
  5. PlantSeaPlantSea manufactures and develops sustainable products using seaweed and aquaculture materials.United Kingdom$709K
  6. ZeroCircleZerocircle is a Pune-based cleantech and biotechnology startup founded in 2020.India$546K
  7. Minus MaterialsMinus Materials grows carbon-negative, biorenewable limestone using microalgaeUnited States$275K
  8. AlgbioAlgbio treats wastewater and captures CO2 with microalgae to produce biofuels, bioplastics, biomaterials and generate carbon credits.Türkiye$120K

Farming and cultivation

5 startups · $18M raised

  1. Samudra OceansSamudra Oceans is a London-based climate technology startup founded in 2022, focused on advancing ocean farming and blue carbon capture.United Kingdom$14M
  2. BanyuBANYU is a technology-enabled seaweed company based in Greater Jakarta, Indonesia, founded in December 2023.Indonesia$1.3M
  3. NeoEarthNeoEarth is a French biotechnology startup founded in 2022 and based in Libourne, Gironde.France$1.1M
  4. AlgapelagoAlgapelago is a regenerative ocean farming company founded in 2021, focused on creating sustainable seaweed forests.United Kingdom$807K
  5. Seaweed GenerationSeaweed Generation is a developer of robotic technologies to harness the power of seaweed cultivation systems to counteract climate change.United Kingdom$365K

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in algae and seaweed, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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