Skip to main content

OSA invests in Algenesis, dedicated to restoring the earth

By April 22, 2021December 12th, 2021New Portfolio Company

OSA is kicking off 2021 with a meaningful commitment to Mother Earth by investing in Algenesis whose mission is to help the planet recover from pollution caused by products made from fossil fuels.

A material science and technology company, Algenesis was founded by a group of surfers who share a common passion for the ocean and nature. They developed polymers that were used to create biodegradable surfboard blanks.

Those early learnings led to the development of Soleic™, the world’s first high-performance, renewable and fully-biodegradable plastic material made from plants. Algenesis is currently working with leading footwear brands to develop specific formulations of Soleic™ foam for commercial launch.

OSA is thrilled to be associated with Algenesis, dedicated to creating products that harmonize with nature. To find out more about Algenesis visit their website.

Algenesis' Logo