“You have pumped new life and hope to give the ocean a fighting chance”, António Guterres, Secretary-General of the United Nations.
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Dear algae technologists - hello and welcome to the Paxtier Report!
To start the email this week, check out this superb update from the United Nations… 👏
You can learn more about the news here.
In today’s report:
Markets: 🐄 Ocean Harvest Technology shares soar on positive feed trial results.
Deals: 🤝 Number 8 Bio raises $1.8m for methane-reducing feed additives for cows.
Movers and Shakers: 📈 Brilliant Planet has been named the Green Award winners at Greentech Festival Berlin.
Around the web: 🌎 Algae blooms boost Pacific Northwest snowmelt by 20%.
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
General
💸 New UKRI funding aims to enhance UK sustainable biomanufacturing. Congrats to the highlighted seaweed and microalgae teams (Read more HERE).
💸 Biden will announce $600 million in climate investments during California trip (Read more HERE).
🌊 NOAA forecasts smaller Gulf of Mexico “dead zone” this summer (Read more HERE).
🏢 TU Delft establishes Biobased Boulevard to encourage the use of natural building materials (Read more HERE).
Macroalgae
🐄 Ocean Harvest Technology shares soar on positive feed trial results (Read more HERE).
🚧 Barrier will save French Caribbean islands from brown tide of ‘stinky seaweed’ (Read more HERE).
💸 $5 million will be directed to help clean up Sargassum seaweed along the ocean side of the Florida Keys and the east coast of Florida (Read more HERE).
🐟 The Aquaculture Stewardship Council has expanded its presence to South Korea to optimise aquaculture innovation in Asia (Read more HERE).
🌱 A highly ambitious plan to restore California's underwater forests has begun (Read more HERE).
🏆 Marinomed Biotech AG prepares launch of Carragelose eye drops in 2024 (Read more HERE).
🛀 Voya launches biodegradable seaweed eye masks and marine bath salts (Read more HERE).
🌱 Algas Organics launches sustainable agriculture products on Amazon (Read more HERE).
🌱 EU promises help to tackle sargassum seaweed (Read more HERE).
💸 Number 8 Bio raises $1.8m for methane-reducing feed additives for cows (Read more HERE).
💸 UK feed and animal nutrition research fund seeks proposals. A research scholarship for feed technologists with a £2K (US$2.5K) prize fund has opened for applications (Read more HERE).
🐟 The Philippine Fisheries and Coastal Resiliency (FishCoRe) project will provide multiple interventions to build a robust and resilient fisheries sector (Read more HERE).
💸 SargaSolutions crowdfunding campaign is live (Read more HERE).
📈 SEADLING has recently opened a branch in Semporna, a coastal town in eastern Borneo (Read more HERE).
🌱 Seaweed farming in Solent tests water quality and commercial benefits (Read more HERE).
🌱 Doctor Seaweed officially launched at Seaham Hall (Read more HERE).
🌱 Swedish design firm to be main partner in Kelpwood & Bioplastic project (Read more HERE).
🌱 TANGO Seaweed facing bankruptcy (Read more HERE).
🌊 Jamieson Wellnes Inc and veritree have announced a new partnership. The team will be planting underwater forests in British Columbia, Canada (Read more HERE).
🏢 BlueBlocks Concepts is one of the innovation partners for the innovation pavilion of Gemeente Amsterdam that will be built soon at the Marineterrein (Read more HERE).
Microalgae
🤝 Resintech Bhd has entered into a collaboration with Sarawak Economic Development Corp (SEDC) to develop and produce sustainable aviation fuel (SAF) (Read more HERE).
🏭 Urban Utilities has led a $5 million joint research project to help support sustainable population growth across regional and rural Australia by revolutionising wastewater treatment with supercharged, waste-eating algae (Read more HERE).
🏆 Brilliant Planet have been named the Green Award winners at Greentech Festival Berlin (Read more HERE).
🟢 A partnership between Algacycles, Universidade do Algarve, Grupo Hubel, NIBIO Norwegian Institute of Bioeconomy Research and GreenCoLab is evaluating different concentrations of aqueous extracts of Scenesdesmus sp. and Koliella antarctica as biostimulants (Read more HERE).
🟢 Nourisol has gained funding from Innovate UK SMART and is partnering with microalgae expert Mike Allen from the University of Exeter to scale-up and validate the product (Read more HERE).
📈 Gedong, Simunjan have potential to be developed as algae-producing areas (Read more HERE).
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🐦Tweets of the week
🔥 What else was hot in algae tech this week?
General
📝 (Paper) Single-photon absorption and emission from a natural photosynthetic complex (Read more HERE).
🔥 The world’s oceans are extremely hot. We’re about to find out what happens next (Read more HERE).
Macroalgae
🌱 Now printing: seaweed-based, biodegradable actuators (Read more HERE).
🌱 Unique kelp puts King Island on world map (Read more HERE).
🌱 Sea change: The engineering challenges of harnessing our oceans to remove CO2 (Read more HERE).
🐄 Meet Kelpy, the deep tech startup swapping single-use plastics for seaweed (Read more HERE).
🐟 Australis “on path” for 50,000 tonne barramundi target. The company is also growing seaweed next to several fish sites - notice the emerging theme of biodiversity enhancement (Read more HERE).
🚢 Improving vessel design for offshore aquaculture (Read more HERE).
📝 (Paper) Screening macroalgae for mitigation of enteric methane in vitro (Read more HERE).
🌱 Weekend showcase aims to attract waves of kelp connoisseurs. Halifax Brewery Market is holding a kelp cook-off (Read more HERE).
📈 With ocean warming, wild seaweed stocks risk collapse without protection, experts warn (Read more HERE).
📰 Urchinomics is featured in WIRED Japan magazine! (Read more HERE).
Microalgae
📝 (Paper) Grafting Rhodobacter sphaeroides with red algae Rubisco to accelerate catalysis and plant growth (Read more HERE).
⚡ Growing microalgae in rural Queensland (Read more HERE).
⛵ Algae blooms boost Pacific Northwest snowmelt by 20% (Read more HERE).
🟢 When Tomás discovered a new species of lichen — a mix of fungus and algae that often grows on trees — he proudly named it after his dad, Robert Curtis, the supervisor of ecological resources for Summit Metro Parks (Read more HERE).
🟢 First Turkish Astronauts visit Boğaziçi University for microalgae project (Read more HERE).
🟢 Previously overlooked algae toxin widespread in southern Indian River Lagoon (Read more HERE).
📝 (Paper) Microbial applications for sustainable space exploration beyond low Earth orbit (Read more HERE).
🟢 Oceans absorb 30% of our emissions, driven by a huge carbon pump. Tiny marine animals are key to working out its climate impacts (Read more HERE).
🟢 Nice coverage from the World Economic Forum about the discovery of black algae on glaciers (Read more HERE).
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That’s all folks!
Thanks again for joining us this week. Hope you have a great day and stay tuned for more algae tech updates soon!
Best,
Peter