Walton's Builders Vision, Katapult Ocean place bet on offshore seaweed company

The group says it is poised for significant expansion.

'The investment enables us to scale up operations in the Faroe Islands and continue to commercialize our cultivation and processing activities of Giant Kelp in California,' said Olavur Gregersen, Co-founder and CEO of Ocean Rainforest.
'The investment enables us to scale up operations in the Faroe Islands and continue to commercialize our cultivation and processing activities of Giant Kelp in California,' said Olavur Gregersen, Co-founder and CEO of Ocean Rainforest.Photo: Ocean Rainforest
Published 17 February 2023, 17:20Updated 17 February 2023, 19:40
SeaweedKelp farmingInvestmentsFaroe IslandsUnited States