Alora - About the company
Alora is a seed company based in Kitchener (Canada), founded in 2005. It operates as a Growers of salt-tolerant crops using ocean technology. Alora has raised $1.65M in funding from IndieBio and Neglected Climate Opportunities Fund.
Company Details
Growers of salt-tolerant crops using ocean technology. It had developed patent-pending processes to restore salt tolerance to plant varieties. The technology targets plant genes to generate stem cells that are regenerated in labs and are further grown in ocean systems. The plants draw their nutrients directly from the saltwater around them.
- Website
- www.alora.world/
- Email ID
- *****@alora.world
- Phone Number
- +1 **********
- Registered Address
- 8 Prestwick Crescent, Toronto
Key Metrics
Founded Year
2005
Location
Kitchener, Canada
Stage
Seed
Total Funding
$1.65M in 3 rounds
Latest Funding Round
Ranked
1st among 1 active competitor
Employee Count
45 as on Aug 31, 2026
Legal entities associated with Alora
Alora is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Alora Labs Inc. CIN: 10954233 , Canada, Active | Aug 20, 2018 | - | - | - |
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Alora's funding and investors
Alora has raised a total funding of $1.65M over 3 rounds. Its first funding round was on 2019. Its latest funding round was a Seed round on Mar 03, 2026 for $*****. 1 investor participated in its latest round. Alora has 7 institutional investors.
Here is the list of recent funding rounds of Alora:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 03, 2026 | 3624532 | Seed | 3460880 | 6724132 | 3092965 | 3850935 |
Apr 07, 2022 | 5874976 | Seed | 8454263 | 2255143 | 3968564 | |
2019 | 7426 | Seed | 3226 | 4879 | 1558 |
View details of Alora's funding rounds and investors
Alora's founders and board of directors
Founder? Claim ProfileAlora's Board of Directors
Alora's board has 1 active member. Erik Berkun-drevnig is independent board member.Here is the list of Alora's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 11m |
Alora's employee count trend
Alora has 45 employees as of Aug 26. Here is Alora's employee count trend over the years:
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Alora's Investments and acquisitions
Alora has made no investments or acquisitions yet.
Reports related to Alora
Here is the latest report on Alora's sector:
News related to Alora
Media has covered Alora for a total of 3 events in the last 1 year, 1 of them has been about people movement.
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ALORA reactivates dormant genes to unlock ‘best performing salt-tolerant rice plant in the world’AgFunderNews•Sep 06, 2023•Alora
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