Our vision

The origin of the only life we know in the universe started in the ocean. Life still depends on it.

Reclaimed
origins

Our vision is one where humanity has taken action to reclaim the oceans back from polluting agricultural and chemical industries, back from the algal blooms, back from lifelessness.

There’s a plague
in every ocean
on the planet
affecting every
continent.

Planetary
problems


The three main problems affecting our planet are all connected to the oceans and to each other.

ObO_Ocean_pollution

01 Ocean Pollution

In addition to the mounting levels of oil-based plastic garbage in the oceans, marine life is suffocating from eutrophied dead zones from runaway invasive algae blooms. It thrives off of three things humans keep putting into the ocean: nitrogen, phosphorus and heat. Toxic chemicals destroy entire food chains of sea mammals, corals, and fish.
ObO_Loss_of_biodiversity

02 Loss of biodiversity

The loss of marine biodiversity is weakening the ocean ecosystem and its ability to withstand disturbances, to adapt to climate change and to play its role as a global ecological and climate regulator. The ocean is home to millions of species.
ObO_Climate -change

03 Climate change

The ocean and algae absorb a majority carbon dioxide from Earth’s atmosphere. The rising concentration of carbon dioxide in the atmosphere is driving up ocean surface temperatures and causing ocean acidification.
ObO_junk-yard
Eutrophication, chemicals and plastic debris have turned the origin of life into humanity’s sewer and junk yard. The lives and livelihoods of people suffer with the oceans.

Annual financial losses just in the Baltic Sea
amount to €3.8–4.4 billion.

ObO_future
We want to reclaim the future for all of the people of tomorrow.

Our mission
is to make
the chemical
industry
run on algae.

Reclaiming the oceans requires reclaiming the origin of the chemical products in our everyday consumer products too. Instead of oil, their origins will be algae-based: ecological, decomposable, and renewable.

READ ABOUT OUR APPROACH

Our plan for the
next decade

ObO-anim-logo-blue

We believe that in order for things to happen at a massive scale, it has to be turned into an industry. One with a reimagined value chain.

The commercial
processed algae market
could surpass US$

85 billion

by 2026.

The planetary problems are going to get worse before they get better. Our plan is to set up our biorefineries in the spots that will be most affected by eutrophication.

Explore our plan
2020-2022

Process research

  • Consumer product application development

  • Multiple proofs of concept for different product applications.

  • First trial batch of a product

  • Closing pre-seed round

 

2022-2023

Industrial Pilot

  • First commercial agreements and off-take agreements with customers
  • First forward delivery contract from the biorefinery factory signed for the first product with partners
  • Scaling up process integration and the feedstock ecosystem 
  • Closing seed round
2024-2025

Pre-commercial production

  • Small-scale customer order deliveries and off-take agreements with customers
  • Engineering, planning and permits for industrial biorefinery
  • Closing round A
2025

Start of industrial production

  • Production ramp-up
  • Establish the first industrial biorefinery by the Baltic Sea
  • Start of commercial operation
2027

Global business expansion

  • Establish biorefineries in the Caribbean, Indonesia, Australia to better serve international demand
  • Construction of biorefineries by the Gulf of Mexico and the Pacific Ocean
  • Commercial operation at breakeven 
2030

Established global marine biomass market leader

  • Established global marine biomass market leader with >500m€ nets sales
  • Multiple biorefineries in full-scale industrial production in the EU, Caribbean, South East Asia

The current round of financing is being used to build the commercialisation and production capabilities of the company. Recruitment of technical sales, engineering, product and process quality control team members is underway.

Scaling up and industrialising our process will allow us to increase production outputs. We will therefore be able to accelerate customer and consumer product application work too.

Interested in investing? 

Get in touch +358 50 516 8491. You can also submit a contact request using the form.

Want more information? 

Download our company presentation.