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Alginor ASA

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Alginor's green innovation, AORTA, increases the utilisation ratio of seaweeds from approximately 15 to 100% without using formaldehyde and other harmful chemicals

Haugesund, NorwayFounded 2014Biotech & Life Sciences
Valuation $250–500M Last recorded · 2024
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Alginor ASA and the history behind them.

About Alginor ASA

Manufacturer of kelp-based life science ingredients or pharmaceutical and nutraceutical applications based in Haugesund, Norway. . The company harvests and biorefins Laminaria Hyperborea to offer mannitol, fucoidan, cellulose, alginate, oligosaccharides, polyphenols, carotenoids, amino acids, savoury, laminarin, biobased materials and borea powder, enable companies to produce without downstream waste and zero formaldehyde.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Haugesund, Norway
Employees
49
Open positions
None listed
Dealroom signal
67.2/100
Industry
Health
Sub-industry
BioTechnology, AgriTech, Innovative Food
Sector
Biotech & Life Sciences, Biotechnology, Algae, Seaweed, Alternative Protein, Sustainable Development Goals, EIC, Biotech and Pharma
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
CONVERTIBLEOther financing Oct 2025 $24M — Undisclosed ↗
LATE VCOther financing Jun 2024 $48M $194M Borregaard ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 — —
2025 — —
2024 — —
2023 — —
2022 —
2021
2020 —
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Growth signals

Alginor ASA website traffic

Latest recorded traffic for Alginor ASA is 2.3K monthly website visits, up 0% over the last three months. Alginor ASA's team declined 7.5% over the past year.

Latest monthly visits2.3K 3-month web change0% 1-year team growth-7.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Simris AlgA biotechnology company, engaged in research, development, and production of bioactive substances from microalgae, for nutraceutical, cosmeceutical, and pharmaceutical applications Simrishamns kommun, Sweden Operational 7 $21M $16M
BrevelBrevel’s technology is opening the doors to a sustainable and healthier future, with microalgae as a natural part of the industrial ecosystem Shekef, Israel Operational
HolloidProvides real-time multi-dimensional data on colloids, based on 3D imaging, with the throughput of cytometry Vienna, Austria Operational
ScotBioPatented indoor cultivation of natural food colorants Livingston, United Kingdom Operational
Algae-cTaking dna from plants and inserting it into microalgae in order to create a more sustainable way of growing plants Canada Acquired
ALGAIAIs a company developing, producing and commercializing Natural Extracts, mostly made out of seaweed Lannilis, France Acquired
Sea4UsSea4Us is a biopharmaceutical startup specializing in discovering and developing new drugs, leveraging expertise in ion channels and marine biology Vila do Bispo, Portugal Operational
FreezeMFreezeM provides ready-to-use BSF eggs for sustainable, scalable insect farming. FreezeM's technologies decouple the breeding and rearing steps in the insect protein supply chain Tel Aviv-Yafo, Israel Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Innovation Norway
  • European Innovation Council

Series A1 investor entered at this stage

  • EIC Fund

Series B and later1 investor entered at this stage

  • Borregaard
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇳🇴 Norway89.7%
🇩🇰 Denmark5.1%
🇬🇧 United Kingdom5.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alginor ASA on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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