🎃 Seaweed biostimulants help set pumpkin world record
PLUS: Living Ink awarded DOE grant & Australian seaweed products to hit the UK
"We demonstrate how we can harness the power of nature to directly convert mechanical stimuli into light emission."— Shengqiang Cai, Professor of mechanical and aerospace engineering, UC San Diego Jacobs School of Engineering.
Dear algae technologists, operators, and investors, welcome to another edition of the Paxtier Report!
To kick things off this week, check out these soft, durable materials that glow in response to mechanical stress, such as compression, stretching or twisting…
The materials derive their luminescence from single-celled algae known as dinoflagellates.
Find out more HERE.
In today’s report…
Markets: 💸 An update on PhycoHealth’s successful fundraising round as 364 new shareholders invest $707,730
Deals: ⛽ Australian firm to fund $5M waste-to-fuel algae plant in PH
Movers and Shakers: 📈 Notpla has been awarded a £1 million grant by Innovate UK to advance Notpla Rigid solution
Around the web: 🧈 Researchers in Japan succeed in collecting deep-sea gold using algae
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
General
Macroalgae
✨ Eight start-ups selected for AgTechUCD accelerator in Ireland (Read more HERE).
🙌 Minister Douglas assures assistance for investors in Indian seaweed cultivation (Read more HERE).
🗺 The Geographical Indication (GI) tag for agar-yielding red seaweed Gracilaria dura may encourage farmers to embrace commercial farming and help boost their income (Read more HERE).
⛱ Campaigners have hailed Litter Free Dorset’s sustainable seaweed ‘beach butt holder’ as a success this summer (Read more HERE).
🎃 Neptune's Harvest products help grower smash pumpkin world record (Read more HERE).
📈 Notpla has been awarded a £1 million grant by Innovate UK to advance Notpla Rigid solution (Read more HERE). The team also unveiled that Coveris and Notpla are putting packaging sustainability in the spotlight at an international sporting event! 🎾
1️⃣ The one-year TOM FORD Plastic Innovation Accelerator programme – intending to help bring seaweed-based thin-film alternatives to market – has been announced at the 2023 Sustainable Brands conference (Read more HERE).
🍝 Wollongong businesses take up free trade advantages with UK (featuring seaweed pasta) (Read more HERE).
🍾 REBBL launches WELLNESS juice line with Aquamin™ sea algae for gut, bone, and joint health (Read more HERE).
🐟 José Bonilla Lodares, Export Manager at Eurocaviar speaks about the company’s sustainable caviar system and its two certified vegan caviar analogues made from seaweed (Read more HERE).
🐕 YelpKelp creates seaweed-based iodine supplement for dogs (Read more HERE).
💸 An update on PhycoHealth’s successful fundraising round as 364 new shareholders invest $707,730 (Read more HERE).
⌚ Leonardo DiCaprio just invested in an eco-friendly watchmaker developing compostable packaging from fungal threads and seaweed (Read more HERE).
Microalgae
🟢 NTU’s microalgae oil to be produced in bulk by S’pore firm eyeing Nasdaq listing (Read more HERE).
📡 South Fork Instruments introduces EXcell 231: A high-precision NIR biomass sensor for microalgae cultivation (Read more HERE).
💧 First District Association in Litchfield, Minnesota, seeks help funding cutting-edge wastewater project using algae (Read more HERE).
✒️ Living Ink has been awarded a U.S. Department of Energy (DOE) grant through the Office of Fossil Energy and Carbon Management (Read more HERE).
🥳 PhycoWorks share new branding which reflects the team’s evolution and commitment to building a brighter, greener future with biology (Read more HERE).
⛽ Australian firm to fund $5M waste-to-fuel algae plant in PH (Read more HERE).
🎨 Colour changing algae tech for plant-based meat revealed (Read more HERE).
🐦Tweets of the week
🔥 What else was hot in algae this week?
General
📄 (Paper) Use of micro and macroalgae extracts for the control of vector mosquitoes (Read more HERE).
👸 (EVENT) Forbes JAPAN 100 'Seaweed Queen' and her plant based sweets startup (Read more HERE).
Macroalgae
🍖 Early European diet relied heavily on seaweed, study finds (Read more HERE).
🌱 Can China’s seaweed blooms be stopped? (Read more HERE).
🥵 UK seaweeds face an uncertain future in a warming ocean (Read more HERE).
🧠 Josh Goldman outlines Australis Aquaculture’s growth strategy in Vietnam (Read more HERE).
🤑 Once considered a ‘nuisance’, seaweed grows into a $7.5-billion opportunity for India (Read more HERE).
Microalgae
🌾 Algae discovery could be used to enhance the productivity of crops (Read more HERE).
🧈 Researchers in Japan succeed in collecting deep-sea gold using algae (Read more HERE).
🖌️Bacteria found in desert pave the way for paint that produces oxygen whilst capturing carbon (Read more HERE).
🏊 Human sperm cells and some algae swim by deforming their bodies in a way that breaks Newton’s third law of motion (Read more HERE).
🤖 Artificial intelligence successfully predicts toxic algae in UK seafood (Read more HERE).
💦 Algae lubricants for improved industrial performance and efficiency (Read more HERE).
🌴 Scaling up alternative to palm oil (Read more HERE).
📄 (Paper) Genes possibly related to symbiosis in early life stages of Acropora tenuis inoculated with Symbiodinium microadriaticum (Read more HERE).
🐟 Canadian algae issues contribute to a high-cost Q3 for Mowi (Read more HERE).
🟢 Countdown to SupplySide West: dsm-firmenich set to introduce 2.0 postbiotic (Read more HERE).
💊 Researchers develop microalgae-based fish alternatives, offering “everything fish can & more” (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