📦 Dutch Government acknowledges Notpla’s seaweed-based packaging
PLUS: Frozen spirulina cubes for smoothies, and Lyell researchers awarded £2.2m
“We are now confident that our approach can deliver scalable production at less than 50 cents per dose and enable wider adoption of high-efficacy bio-based methane-reducing feed additives at costs competitive with existing synthetic alternatives.”— Nusqe Spanton, founder and CEO of Provectus Algae.
Dear algae technologists, operators, and investors, welcome to another edition of the Paxtier Report!
To kick things off this week, check out We Are The New Farmers’ frozen spirulina cubes—a nutritious boost for your smoothies.
The team is currently preparing to pitch their business plan at the upcoming Grow-NY Summit on November 14-15, competing for a shot at this year's $3 million prize money.
Find out more HERE.
In today’s report…
Markets: 💸 Dutch Government names Notpla’s seaweed-based packaging the ‘first and only’ plastic-free material
Deals: 🤝 DOE to award $5M to 3 projects to explore critical mineral extraction from ocean macroalgae
Movers and Shakers: 📈 Lyell researchers awarded £2.2m to study effects of marine plankton on carbon absorption by the ocean
Around the web: 🌾 Beyond animal farming: EU-funded think tank launches protein diversification policy guidance
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
General
🐄 Provectus Algae has commissioned a demonstration plant for its methane-reducing livestock feed additive (Read more HERE).
Macroalgae
🌿 Indonesia's Jokowi to push for domestic seaweed processing, including for fuel (Read more HERE).
🌿 Ocean Harvest reveals positive poultry feed data further enhancing customer appeal (Read more HERE).
🤝 Origin by Ocean and AFRY have entered an engineering collaboration to plan an industrial-scale biorefinery for processing bio-based seaweed products in Finland (Read more HERE).
🌿 Dutch Government names Notpla’s seaweed-based packaging the ‘first and only’ plastic-free material (Read more HERE).
💸 DOE to award $5M to 3 projects to explore critical mineral extraction from ocean macroalgae (Read more HERE).
👟 Sustainable shoe brand YY Nation releases new sneakers made of cactus, wood pulp, sugarcane and algae (Read more HERE).
🤝 Dakshidin Corporation marks strategic milestone with Stenergy LLC's IP acquisition and COO appointment. Features sea moss product line (Read more HERE).
🍺Yorkshire coast brewery collaborates with Scarborough seaweed farmers for tasting event (Read more HERE).
Microalgae
💸 Lyell researchers awarded £2.2m to study effects of marine plankton on carbon absorption by the ocean (Read more HERE).
💊 Carlson Labs unveils plant-based vitamin D3 for adults & babies (Read more HERE).
💧Water oxygenation company Moleaer Inc. has opened a manufacturing plant in Spain (Read more HERE).
💸 Pond Technologies announces settlement of Crystal Wealth Loan and upsize of private placement to $8 Million secured convertible debentures (Read more HERE).
💊 Algine Plus announces the launch of supplement, phosphatidylserine, to support brain health (Read more HERE).
🐦Tweets of the week
🔥 What else was hot in algae this week?
General
🌾 Beyond animal farming: EU-funded think tank launches protein diversification policy guidance (Read more HERE).
🌱 This film accelerates plant growth by approximately 20%. "It can be used in greenhouses, agrivoltaics with solar panels, algae cultivation…” (Read more HERE).
Macroalgae
🌿 Standard Chartered Bank’s new seaweed market report (Read more HERE).
📝 (Paper) Contrasting carbon dioxide removal potential and nutrient feedbacks of simulated ocean alkalinity enhancement and macroalgae afforestation (Read more HERE).
📷 The first ever kelp forest photo awards (Read more HERE).
🌿 Menter Fforest Môr - a Sea Forest Initiative which aims to quantify the scope of kelp beds around the coast of South Wales (Read more HERE).
🌿 Susan Wicks secures first New York State commercial kelp permit (Read more HERE).
🌿 Novel land-based tropical red macroalgae cultivation system is based on influent deep seawater (Read more HERE).
🏆 WA-based SeaStock scoops international award for work producing methane-busting seaweed for cattle (Read more HERE).
🐄 CH4 Global aims for gigaton-scale emissions reductions by 2030 (Read more HERE).
🥔 Managing your soil’s cation exchange capacity - using seaweed (Read more HERE).
💊 Seaweed symbionts reveal treasure trove of potential drug compounds (Read more HERE).
🌿 Seaweed growers urged to pursue markets in plant-based foods (Read more HERE).
🌿 NZ entrepreneur Alex Pressman is turning invasive wakame into plant nutrients and crop protection products for domestic and overseas markets (Read more HERE).
Microalgae
🐟 Omega-3 fish and plant sources: Can plant-based omega-3s only grow at fish oil’s expense? (Read more HERE).
🐟 Could fish sludge help address the ‘feed squeeze?’ - growing microalgae on sludge (Read more HERE).
🍷 Miguel Cachão leads a research project that grows chlorella at wineries (Read more HERE).
🧬 Scientists discover three novel Minorisa species (Read more HERE).
🟢 AlgaEurope 2023 Conference, 12-15 December 2023, Prague (Read more HERE).
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