OCEAN APPROVED INC
Commercial-scale dulse (red seaweed) aquaculture cultivation system and methods
- Sector
- Agritech
- Headquarters
- Biddeford, ME
- Latest Form D
- $380K, Jul 2025
- Total capital
- $12.4M
- Federal grants
- $174K
- 1 award · 2025
- Rank in peer group#40 of 41
- Private capital raised
- $11.9M
- 10 Form D · last Jul 2025
- 15 months since last filing
- Federal contracts
- $395K
- 1 award · Commerce
- Rank in Agritech#54 of 882
- Granted patents
- None on recordNo USPTO grants. Applications publish after 18 months.
Capital timeline
Latest events
- Federal grantAgriculture · What Is The Problem?aquaculture Is Agriculture, And Globally The Seaweed Aquaculture Business Has An Annual Value Of Over $17 Billion Usd And Is Projected To Grow At A Rate Of 8.2% (cagr) Over The Next Decade. Despite Its Value And Potential To Be An Economic Engine In Coastal Communities, The United States Grows Less Than 0.1% Ofcultivated Seaweed. In Fact, We Import The Majority Of The Seaweed Consumed In This Country. Most Of These Imports Come From Asia, Creating A Trade Deficit. While There$174K
- Private capital raisedForm D · SEC · 10th filing$380K
- Private capital raisedForm D · SEC · 9th filing$625K
- Private capital raisedForm D · SEC · 8th filing$4.3M
- Offering registeredForm D · SEC · 7th filing$3.5M
- Private capital raisedForm D · SEC · 6th filing$3.1M
- Private capital raisedForm D · SEC · 5th filing$695K
- Private capital raisedForm D · SEC · 4th filing$590K
- Private capital raisedForm D · SEC · 3rd filing$1.3M
- Private capital raisedForm D · SEC · 2nd filing$415K
- Private capital raisedForm D · SEC · 1st filing$366K
Show 1 earlier federal award
- Federal contractCommerce · Small Business Innovation Research (SBIR) 2010 Phase I Project Proposal - Development Of Native Kelp Culture System Technologies To Support Sea Vegetble Aquaculture In New England Coastal Waters.$395K
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Federal first
86months
from OCEAN APPROVED INC’s first federal award to its first private round.
- First federal award · Jul 2010
- Commerce · $395K
- First Form D · Sep 2017
- $366K · 1st Form D
- Awards before first raise
- 1 award
An association in public records, not a cause or a prediction.
Standing among 41 peers
Line = medianAgritech · System
- Federal grantsBelow median
Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.
Founders and team
From SEC Form D filings- Anthony CampbellDirectorNamed in SEC Form D filings
- Briana WarnerExecutive Officer, DirectorNamed in SEC Form D filings
- Chandler JonesDirectorNamed in SEC Form D filings
- Dean Frost FrostExecutive OfficerNamed in SEC Form D filings
- James LindsayDirectorNamed in SEC Form D filings
- James LindseyDirectorNamed in SEC Form D filings
Show all 14 people
- Jason IngleDirectorNamed in SEC Form D filings
- Jason JonesDirectorNamed in SEC Form D filings
- Julia PainoDirectorNamed in SEC Form D filings
- Lisa SebestaDirectorNamed in SEC Form D filings
- Mikel DurhamDirectorNamed in SEC Form D filings
- Nancy PetersonDirectorNamed in SEC Form D filings
- Paul DobbinsExecutive Officer, DirectorNamed in SEC Form D filings
- Stephen GoldbergDirectorNamed in SEC Form D filings
What it has protected
No granted patents are on record.
USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.
Checked: USPTO granted patents and published applications · Oct 23, 2026
Related companies, and why
- CATALINA SEA RANCH, LLCSimilar federal contract value in Agritech · $490K in contracts
- GAIA AI, INCSimilar federal contract value in Agritech · $410K in contracts
- I 2 AIR FLUID INNOVATION, INC.Similar federal contract value in Agritech · $401K in contracts
- ENGINEERED COMPOST SYSTEMS, INC.Similar federal contract value in Agritech · $297K in contracts
- PHENOTYPE SCREENING CORPORATIONSimilar federal contract value in Agritech · $283K in contracts
- AGREN INCSimilar federal contract value in Agritech · $256K in contracts
Regulatory activity · Agritech
- Supplemental Disaster Assistance Programs, Marketing Assistance Loans, and Sugar ProvisionsCommodity Credit Corporation
- Revisions to the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Loan ProgramRural Business-Cooperative Service
- Organic Certification Cost Share Program (OCCSP)Commodity Credit Corporation
- Technical Guidelines for the Production of Regenerative Agricultural Biofuel FeedstocksEnergy and Environmental Policy Office
- Rescinding Portions of U.S. Department of Agriculture Title VI Regulations To Conform More Closely With the Department of Justice's Regulations To Implement Executive Order 14281
- Assistance for Specialty Crop Farmers (ASCF) Program; Approval of Information Collection RequestCommodity Credit Corporation
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .