Seaweed entrepreneur expands in Biddeford, launches new products

Ocean’s Balance Inc., a Maine innovator of edible seaweed products, has moved into a new facility in the Pepperell Mill Campus in downtown Biddeford and will launch nine new edible seaweed products.

The new products will be unveiled at the Fancy Food Trade Show, which will be held June 30 to July 2 in New York City.

Ocean’s Balance was founded in 2016 by Tollef Olson and Mitchell Lench. Olson is a long-time aquaculture operator and a senior advisor at the Macroalgae Nursery and Research Cluster in the University of New England’s Center for Excellence in the Marine Sciences. Lench owns the impact investment management firm Treetops Capital in Cape Elizabeth.

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