🐄 Cultivating catalytic methane reduction partnerships and products with Symbrosia's Eli Etzioni 💎
PLUS: New algae jobs, and WNDR® Alpine launches four new hardgoods models
“In the last three years, we have seen the use case of Asparagopsis go from promising science to compelling business.…” — Eli Etzioni, Symbrosia
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Dear algae technologists - hello and welcome to the Paxtier Report!
To start the email this week, check out Sarah Jane Humphrey’s fantastic collection of seaweed paintings which were recently featured at the Saatchi Gallery…
In today’s report…
Markets: 🌊 Simpliigood unveils meatless chicken schnitzel made from algae.
Deals: 🤝 Olmix Group has acquired Yes Sinergy, a Brazilian biotech company specialised in natural additives for animal nutrition and welfare.
Movers and Shakers: 📈 Cultivating catalytic methane reduction partnerships and products with Symbrosia's Eli Etzioni.
Around the web: 🌎 New Australian laws for ‘engineering’ the ocean must balance environment protection and responsible research.
Jobs: 🌊 Macro Oceans is hiring!
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
General
💸 Congresswoman Nanette Barragán provides $1 Million in federal funding for Ocean STEM Labs at AltaSea (Read more HERE).
🌊 Carbon Direct and Microsoft release the 2023 criteria for high-quality carbon dioxide removal (Read more HERE).
Macroalgae
🌊 Running Tide has been selected to join the Wells Fargo Innovation Incubator (Read more HERE).
💸 Port Phillip Bay Fund has allocated $1.6 million in grants to 28 projects that will enhance the bay’s habitats, waters and wildlife (Read more HERE).
🤝 Olmix Group has acquired Yes Sinergy, a Brazilian biotech company specialised in natural additives for animal nutrition and welfare (Read more HERE).
🤝 The Nature Conservancy Australia (TNC) announced a new collaborative project to help expand Giant Kelp (Macrocystis pyrifera) restoration efforts in Tasmania (Read more HERE).
🌱 Seaweed no more as harvester arrives in Port Dalhousie at 'wonderful time' (Read more HERE).
🌱 The Blue Economy CRC and University of Wollongong (UOW) have partnered with local aquaculture industry leaders to undertake social, economic, and cultural research to support regenerative farming (Read more HERE).
💸 Mediterranean Algae launches second crowdfunding campaign (Read more HERE).
🤝Mara Seaweed: 'Considerable' interest to rescue collapsed Fife firm (Read more HERE).
🤝 Trackpac is partnering with Algapelago by tracking buoys with IoT technology using Digital Matter Oyster3 and the Helium network (Read more HERE).
💸 Check out and participate in Akua Ocean’s fundraising round (Read more HERE):
🌱 NOAA rejects ESA petition for bull kelp (Read more HERE).
🌱 US lobster fishermen harvest kelp to meet demand (Read more HERE).
🏆 Byotrol wins patent for novel anti-viral seaweed extract (Read more HERE).
🌱 Kitasanriku Factory, based in Iwate Prefecture, will start a sea urchin farming business in Australia to restore seaweed beds (Read more HERE).
🌱 Seaweed for the People™ launches new seasoning product line (Read more HERE).
🌱 An indigenous fishing community in San Luis town in Aurora province recently received 700 kilograms of seaweed seedlings from the Bureau of Fisheries and Aquatic Resources (BFAR) in Central Luzon (Read more HERE).
🏆 OCEANIUM has been selected as a finalist for the Louis Dreyfus Company Climate Resilience Prize (Read more HERE).
Microalgae
🟢 WNDR® Alpine launches four new microalgae hardgoods models - Nocturne 88 and Vital 98 Backcountry Skis and Shepherd Solid and Split Snowboards (Read more HERE).
🐟 NTT launches plans for algae-fed, RAS farmed seafood (Read more HERE).
🐟 Mowi deploying new technology at BC fish farm to mitigate sea lice, algal blooms (Read more HERE).
🟢 Simpliigood unveils meatless chicken schnitzel made from algae (Read more HERE).
🟢 Galenic's patented ALGAE-TIDE debuts at 25th World Congress of Dermatology (WCD) (Read more HERE).
🟢 Tata Chemicals to license CSIR CSMCRI tech for biodiesel from microalgae (Read more HERE).
In depth with Peter Green
🐄 Cultivating catalytic methane reduction partnerships and products with Symbrosia's Eli Etzioni
Eli Etzioni is the Commercialisation Manager at Symbrosia, a start-up which breeds and cultivates fast-growing seaweed strains and develops them into high-value products.
Over the last few years, Symbrosia has developed SeaGrazeTM, a natural seaweed feed additive that drastically reduces livestock methane emissions.
And in this episode of The Paxtier Podcast, Eli reveals all about Symbrosia’s catalytic methane reduction partnerships and products. He also breaks down various challenges facing the industry and his biggest mistakes.
You can listen now on Spotify, and YouTube.
Find a basic transcript for this episode and all past episodes here.
Where to find Eli:
https://symbrosia.co/
https://www.linkedin.com/in/elietzioni/
In this episode, we cover:
2:36 Eli's journey into algae
7:30 What does a day in the life of a commercialisation manager at Symbrosia look like?
9:18 Where's the methane reduction market going?
12:30 How do you approach partnerships?
15:57 Questions on regulation and spreading awareness
26:00 Biggest mistakes
38:00 Challenges facing the sector
Hope you enjoy! Let us know what you think!
🐦Tweets of the week
🔥 What else was hot in algae this week?
General
🌱 Check out the first ever EU Algae awareness summit (Read more HERE).
Macroalgae
🌊 10 innovative startups leading the blue economy revolution: Unlocking the ocean's full potential (Read more HERE).
🌱 Patagonia's newest film, 'For the Love of the Sea', examines a regenerative ocean farm (Read more HERE).
🌱 From sea to soil: Kenyan entrepreneur turns seaweed into fertiliser (Read more HERE).
🤖 Biodegradable robots made from brown seaweed to explore fragile marine environments (Read more HERE).
♻️ Bidfood highlights series of 'innovative solutions' ahead of single-use plastic ban (Read more HERE).
📝 (Paper) Carbon sequestration and climate change mitigation using macroalgae: a state of knowledge review (Read more HERE).
🧑Urchinomics appoints new CEO so founder can continue "working his magic" (Read more HERE).
🌱 EBIC concludes that biomolecules naturally present in seaweed extracts, such as carbohydrates and polyphenols, modulate gene expression and induce metabolic changes in plants, leading to observed biostimulant effects (Read more HERE).
🌱 Check out ‘Blue Forests’, a review of carbon offset strategies using seaweed aquaculture. Prepared by marine experts from six European countries, it considers the feasibility of a range of offset strategies, the current knowledge base and key evidence gaps (Read more HERE).
Microalgae
📝 (Paper) Excess manganese increases photosynthetic activity via enhanced reducing center and antenna plasticity in Chlorella vulgaris (Read more HERE).
🟢 Hemp and spirulina: A novel bio-system to clean up metal-contaminated soils (Read more HERE).
🌊 New Australian laws for ‘engineering’ the ocean must balance environment protection and responsible research (Read more HERE).
📝 (Paper) Cells collectively migrate during ammonium chemotaxis in Chlamydomonas reinhardtii (Read more HERE).
💧Villain to value: algal wastewater treatment (Read more HERE).
🟢 Strong, spirulina-based bioplastic breaks down in the compost (Read more HERE).
💼 Jobs
🌊 Macro Oceans is hiring!
Macro Oceans, a pioneering seaweed processor based in California, is seeking a Scientist to catalyse our seaweed biotech revolution, crafting low-carbon chemicals for a greener future. This is the perfect role for someone who thrives on hard technical challenges and yearns to spearhead the next chapter of the seaweed industry.
Check out the position at Paxtier's algae job board 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