Alginor Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
50
- Latest Deal Type
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Debt
- Latest Deal Amount
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$23.1M
- Investors
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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.noCorporate Office
- Husøyvegen 260
- 4662 Avaldsnes
- Norway
Corporate Office
- Husøyvegen 260
- 4662 Avaldsnes
- Norway
Alginor Timeline
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 |
VC Exit Predictor
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Alginor Comparisons
Industry
Financing
Details
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 |
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 |
Alginor Signals
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 |
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
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When was Alginor founded?
Alginor was founded in 2014.
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Where is Alginor headquartered?
Alginor is headquartered in Avaldsnes, Norway.
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What is the size of Alginor?
Alginor has 50 total employees.
-
What industry is Alginor in?
Alginor’s primary industry is Environmental Services (B2B).
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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.
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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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