New York applications ongoing until September 12th

Learn more about investing in Alora

Our team will get back to you soon to follow up on your inquiry.
Lead Rounds?
Alora
Salty is the new fresh
Founded
2019
Employees*
1-10
Funding to Date*
undisclosed
Website
www.alora.world/
Luke Young, CEO
In a couple of years I have absolutely no doubt that you'll be looking across the ocean to find floating ocean farms on almost every coast.
50-100 million tons of methane are produced every year just from rice agriculture.

The world’s food demands are expected to almost double by 2050, at the same time when climate change is stealing our supply our arable land for crop production, and a dearth of fresh water for both human and agricultural uses. Alora confronts these challenges by expanding our imagination, to think beyond these resources as the only way to grow crops.

Alora removes land and freshwater as agricultural constraints, by helping crops that are normally grown on land to grow in the ocean. By removing land and freshwater as key constraints they can grow crops 20X cheaper than on land. The scientific insight came from mangroves and seagrasses that have genes that are highly efficient in managing salt. Alora’s first crop is rice, a crop that feeds over half the world’s population, but is also a notorious methane producer because of the soil bacteria. By growing rice in floating ocean paddies, they will be able to provide food security to the world while also offsetting CO2 emissions