Tidal Vision Secures Investment from Oman Investment Authority
Deal News | Mar 11, 2025 | Zawya
The Oman Investment Authority (OIA), Oman’s sovereign wealth fund with assets exceeding $49 billion, has taken part in a significant Series B financing round of $140 million for American biotech company Tidal Vision. This move aligns with OIA's strategy to invest in sustainable technologies and support the localization of products. Tidal Vision, which specializes in biopolymer solutions, particularly chitosan drawn from crustacean shells, applies its technology across sectors such as water treatment, agriculture, and material science. The firm plans to grow its international presence by developing new facilities in Europe, Texas, and Ohio.
Sectors
- Biotechnology
- Investment Management
- Sustainability
Geography
- United States – Tidal Vision, the target company, is based in the United States.
- Oman – The Oman Investment Authority, the investor, represents the Omani geographic interest in this transaction.
Industry
- Biotechnology – Tidal Vision operates in the biotechnology sector by offering biomolecular solutions, including biopolymers like chitosan, for diverse applications.
- Investment Management – The investment by the Oman Investment Authority, which manages sovereign wealth, into Tidal Vision signifies this sector's involvement.
- Sustainability – Tidal Vision and OIA's strategic focus on sustainable innovations falls under the sustainability industry classification.
Financials
- $140 million – The total amount raised in Tidal Vision's Series B financing round.
- $49 billion – The total assets managed by the Oman Investment Authority as of 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tidal Vision | Target Company | Company | An American biotech firm specializing in biopolymers and seeking global expansion. |
| Oman Investment Authority | Investor | Company | Oman's sovereign wealth fund that manages over $49 billion in assets, focusing on sustainable technologies. |