Alora

company

About

Alora is an ocean agriculture company. We grow rice in the oceans.

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Details

Last Funding Type
Seed
Last Funding Money Raised
$1.40M
Industries
Agriculture,Biotechnology,Farming,Food Processing
Founded date
Sep 3, 2019
Number Of Employee
1 - 10
Operating Status
Active

Alora is an ocean agriculture company building the technology of today to bring peace tomorrow. The company solution genetically fortifies their crops so that they may grow in the oceans, similar to hydroponics. They create a cellular cycle of original and independent genes to promote a system that works together, rather than alone, distributing the pressure of saltwater over a more capable group of genes.

Agri design mimics nature and recreates these natural effects using the genetic material already found in their land crops. Their farms are designed with spatial optimization and a hydroponic basis in mind, wave motion is mitigated and the plant roots are positioned to absorb the necessary nutrients directly from the surrounding saltwater.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.40M
Alora has raised a total of $1.40M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 7, 2022 Seed $1.40M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Alora is funded by 1 investors. Toyota Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Toyota Ventures Seed