The brand new 12,500 sq ft facility scales up its novel bioprocessing technology, allowing it to offer unique bioactive ingredients to cosmetic brands nationwide.
The company also announced a launch partnership with Sway to supply the low-carbon materials they need to develop world changing products such as ultra-sustainable yarns and biodegradable thin-film plastics.
“Our work with innovators like Sway is pushing the frontier of what’s possible and will unlock latent demand for kelp,” said founder and CEO Matthew Perkins, in a press release. “We believe there is incredible potential for kelp as an ultra sustainable input for the chemical and materials industries.”
Macro Oceans’ core technology is its multi-product, zero waste system that makes seaweed processing cost-effective. The company processes the whole plant using innovative green chemistry to both preserve the unique bioactive compounds and produce a range of high quality plant-based chemicals and materials.
The company also revealed it has raised $5m to date from leading climate tech investors Refactor Capital, Lowercarbon Capital, McKinley Capital and strategic angel investors.