Alginor Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Debt

  • Latest Deal Amount
  • $23.1M

  • Investors
  • 18

Alginor General Information

Description

Manufacturer of kelp-based life science ingredients intended to offer sustainable materials. The company harvests and biorefines Laminaria Hyperborea to offer mannitol, fucoidan, cellulose, alginate, oligosaccharides, polyphenols, carotenoids, amino acids, savory, laminarin, biobased materials, and borea powder, enabling companies to produce without downstream waste and zero formaldehyde.

Contact Information

Website
www.alginor.no
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Husøyvegen 260
  • 4662 Avaldsnes
  • Norway
+47 52
Primary Industry
Environmental Services (B2B)
Other Industries
Aquaculture
Other Materials
Corporate Office
  • Husøyvegen 260
  • 4662 Avaldsnes
  • Norway
+47 52

Alginor Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Alginor Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Debt - General 06-Oct-2025 $23.1M Completed Generating Revenue
9. Later Stage VC 18-Jul-2025 Completed Generating Revenue
8. Accelerator/Incubator Completed Generating Revenue
7. Later Stage VC 19-Jun-2024 Completed Generating Revenue
6. Later Stage VC 23-Jul-2021 Completed Generating Revenue
5. IPO 23-Jul-2021 Cancelled Startup
4. Corporate 23-Jul-2021 Completed Startup
3. Corporate 02-Nov-2020 Completed Startup
2. Grant 19-May-2020 $2.71M Completed Startup
1. Accelerator/Incubator Completed Startup
To view Alginor’s complete valuation and funding history, request access »

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Alginor Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of kelp-based life science ingredients intended to offer sustainable materials. The company harvests and bi
Environmental Services (B2B)
Avaldsnes, Norway
50 As of 2024

Whitley Bay, United Kingdom
 
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Alginor Competitors (1)

One of Alginor’s competitors is Seaweed & Co., a Corporation company based in Whitley Bay, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Seaweed & Co. Corporation Whitley Bay, United Kingdom
You’re viewing 1 of 1 competitors. Get the full list »

Alginor Patents

Alginor Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202407169-D0 Absorbent materials Inactive 20-May-2024
WO-2025242279-A1 Absorbent materials Pending 20-May-2024
WO-2025242280-A1 Absorbent materials Pending 20-May-2024
WO-2025242677-A1 Absorbent materials Pending 20-May-2024
GB-202111595-D0 Process Inactive 12-Aug-2021
To view Alginor’s complete patent history, request access »

Alginor Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Alginor Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
AMAR INVEST I Venture Capital Minority
BNP Paribas Investment Bank Minority
Deep Ace Corporation Minority
Helgoy Property Holding Corporation Minority
Kverva PE/Buyout Minority
You’re viewing 5 of 18 investors. Get the full list »

Alginor Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Husøyvegen 276 Haugesund, Norway 2023
Alginor Pharma Ingredients Avaldsnes, Norway 2022
Alginor Industrial Estate Avaldsnes, Norway 2018
Hypomar Haugesund, Norway 2015
Oewa Haugesund, Norway 2015

Alginor FAQs

  • When was Alginor founded?

    Alginor was founded in 2014.

  • Where is Alginor headquartered?

    Alginor is headquartered in Avaldsnes, Norway.

  • What is the size of Alginor?

    Alginor has 50 total employees.

  • What industry is Alginor in?

    Alginor’s primary industry is Environmental Services (B2B).

  • Is Alginor a private or public company?

    Alginor is a Private company.

  • What is Alginor’s current revenue?

    The current revenue for Alginor is .

  • How much funding has Alginor raised over time?

    Alginor has raised $300M.

  • Who are Alginor’s investors?

    AMAR INVEST I, BNP Paribas, Deep Ace, Helgoy Property Holding, and Kverva are 5 of 18 investors who have invested in Alginor.

  • Who are Alginor’s competitors?

    Seaweed & Co. is a competitor of Alginor.

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