Company Profile

Ocean's Balance Inc (AKA: Oceans Balance Inc)
Profile last edited on: 3/3/2023      CAGE: 7NAX1      UEI: KQQMSCT9EUD1

Business Identifier: Innovative seaweed products: healthy for people and the planet
Year Founded
2016
First Award
2022
Latest Award
2022
Program Status
Active
Popularity Index
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Location Information

PO Box 2150
South Portland, ME 04116
   (917) 319-5887
   N/A
   www.oceansbalance.com
Location: Single
Congr. District: 01
County: Cumberland

Public Profile

The Maine firm of Ocean’s Balance offer a line of innovative seaweed products described as healthy for those who eat their products and also good for the planet. To make it easy for people to include seaweed in their diet, Ocean's Balance management also strive to make it simple for people to use seaweed as part of a healthy diet, as a cooking component, as a garnish for avocado toast, or straight from the bag. The firm is playing a big part of creating a sustainable ecosystem in a sensitive region. By farming seaweed rather than fish, - it is noted - the maritime industry can protect against dwindling fish stocks from overfishing while remaining economically viable and also helping to keep coastal communities thriving. Apparanatly also being savvy business people, in early 2023 it was announced that Ocean’s Balance had established a substantial alliance with Japanese food manufacturer and had also raised an investment round with the Norway firm Katapult - an investment company and accelerator, focused on highly scalable impact climate, ocean and agri-tech startups.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2023 2 DOC $800,000
Project Title: Sustainable seed production for North Atlantic kelp aquaculture

Key People / Management

  Mitchell Lench -- Founder and CEO

  Kelly Bruett -- Operations Assistant

  Drew Ennis -- Operations Assistant

  Dave Labbe -- Head of Operations

  Adam Rac -- E-commerce Coordinator

  Lisa Scali -- Co-Owner/Director of Sales & Marketing

  Kacey White -- Inventory Manager

  Sam Wiese -- Production & Food Safety Coordinator

Company News

There are no news available.