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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.
Social
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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
Investors
Ranked
Employee Count
45 as on Aug 31, 2026
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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
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Alora's founders and board of directors

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Alora'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:
Employee count trend for Alora
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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.
•
Alora Raises FundingFinSMEs•Mar 04, 2026•Alora, Toyota Ventures
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