🍃🌊The Paxtier Report 060723
PLUS: US$15m for Australis, and Brilliant Planet partners with WSP
“The next step is to show the world how delicious microalgae is…” — Toby Lane, NewFish
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Dear algae technologists - hello and welcome to the Paxtier Report!
To start the email this week, check out ARC Research Hub’s new underwater drone, which is designed to survey and collect seaweed samples for genetic analysis…
In today’s report…
Markets: 🌊 EU Mission ‘Restore our Ocean and Waters': €106 million for 18 new projects.
Deals: 🤝 The Asian Development Bank (ADB) and Australis Holdings, Inc. have signed a US$15m convertible note.
Movers and Shakers: 📈 Kinanomics hopes to improve value of kina exports.
Around the web: 🌎 Researchers map microalgae to investigate optimal climate zones for cultivation of high-value natural material.
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
General
🌊 EU Mission ‘Restore our Ocean and Waters': €106 million for 18 new projects for protection, conservation, depollution and innovation (Read more HERE).
💸 Hooked Foods Raises €644,000 in crowdfunding campaign, sets sights on German market (Read more HERE).
Macroalgae
💸 The Asian Development Bank (ADB) and Australis Holdings, Inc. signed a US$15m convertible note to promote climate-resilient, ocean-based barramundi and seaweed aquaculture in Vietnam (Read more HERE).
🌱 Notpla seaweed-coated food takeaway boxes supplied at The Kia Oval to offer plastic-free packaging solutions to cricket fans (Read more HERE).
🌊 Hatch unveils latest aquaculture accelerator cohort, and seaweed teams abound (Read more HERE).
💸 Germany offers funding for livelihood support in Sri Lanka (Read more HERE).
💸 Fiji’s Fisheries and Forestry Ministry has been allocated $41.6 million to support its expansion of aquaculture, shrimp farming, and seaweed development… (Read more HERE).
🤝 Biesterfeld officially extends distribution of Carbonwave's seaweed-based cosmetic (Read more HERE).
🤝 Betterplants has signed a contract with a firm in the Netherlands to supply organic liquid seaweed fertilisers and seaweed animal supplements (Read more HERE).
💸 Kinanomics hopes to improve value of kina (sea urchin) exports - by feeding malnourished kina in land-based aquaculture systems. EnviroStrat is partnering with Ngati Porou Seafoods and international restorative aquaculture company Urchinomics (Read more HERE).
💸 Urgent call for funding to research algae invasion in Algarve (Read more HERE).
🌱 Japan's Fukuoka fisheries co-op settles restrictive trade probe with JFTC over nori seaweed sales (Read more HERE).
🏆 BE OPEN congratulates the first winners of Better Energy by Design competition focused on SDG#7. Third place went to an algae-based bioplastic that can be augmented with spices and cooked and eaten with its contents (Read more HERE).
💸 Fort Lauderdale saves over $300K turning seaweed into soil (Read more HERE).
🏆 BIOLABMATE has won the first-ever Ocean Communities Climate Challenge, presented by Ocean Startup Project (Read more HERE).
🌱 Forebel has announced its latest collaboration with North Sea Farmers (Read more HERE).
⚡15 startups advance to Israeli Climate Awards semifinals, including electricAlgae, which has developed a technology for generating new renewable energy using macroalgae (Read more HERE).
🌱 Seagriculture USA and GreenWave join forces to promote seaweed farming (Read more HERE).
🌱 The AgriFutures Australia AgXelerate Program is seeking seaweed solutions (Read more HERE).
🤝 Gimme Seaweed have partnered with DreamWorks Animation and Universal Pictures on their new summer movie, Ruby Gilman, Teenage Kraken (Read more HERE).
Microalgae
🟢 Kemin receives approval of immune support ingredient as novel food in Thailand (Read more HERE).
💸 Cawthron Institute has teamed up with biotechnology nutrition start-up NewFish, and Nelson-based marine engineering firm Kernohan Engineering to explore the nutritional properties of microalgae (Read more HERE).
👟 LANE EIGHT has launched a new sneaker, the Relay Trainer, which uses materials such as algae and sugarcane based foam (Read more HERE).
🤝 Brilliant Planet partners with WSP on carbon capture project in Morocco (Read more HERE).
📈 Global Clean Energy, Inc. provides updates on pyrolysis & algae project investments (Read more HERE).
💸 Clearyst° announces its participation in a two-year carbon removal agreement with Lillianah Technologies. Under the agreement, Lillianah will “capture and remove carbon using its proprietary phytoplankton dispersal methodology” (Read more HERE).
📈 The LOCALITY project was kickstarted to build circular and sustainable algae-product value chains (Read more HERE).
📈 Mewery unveils “first-ever” cultivated pork & microalgae burger (Read more HERE).
🏆 Carbon Eater won 2nd prize at the 2023 Living Lab Project Awards with the project: Utilizing Algae and Steel Slag for Carbon Sequestration (Read more HERE).
🐦Tweets of the week
🔥 What else was hot in algae tech this week?
Macroalgae
🌱 Could sea otters save kelp forests off Northern California coast? (Read more HERE).
🌱 In Namibia, kelp forests help lock up planet-heating carbon (Read more HERE).
🌱 The man behind a beachside cafe and pub selling Wales' freshest seafood farmed from a secret underwater garden (Read more HERE).
📝 (Paper) Biosynthesis of cellulose from Ulva lactuca, manufacture of nanocellulose and its application as antimicrobial polymer (Read more HERE).
🌱 Seaweed on Florida beaches continues to decline this season, expert says (Read more HERE).
♻️ Taste-sea: Sea vegetables with enhanced flavour for future sustainable foods (Read more HERE).
🌱 Exploring how ocean dynamics affect transport of sargassum seaweed (Read more HERE).
📝 (Paper) Brown seaweed: Fucus vesiculosus as a feedstock for agriculture and environment protection (Read more HERE).
🌱 This Bali community means business when it comes to seaweed (Read more HERE).
🐄 Scientists call for stricter oversight as Asparagopsis seaweed gains popularity in livestock sector (Read more HERE).
🌱 Asparagopsis taxiformis detected for the first time on Barcelona’s coast (Read more HERE).
🌱 Researchers aim to quantify carbon sequestration when looking at the California Current ecosystem, analysing the impacts of the biological pump and algal sinking (Read more HERE).
🌱 VIDEO: Seaweed Solutions: Australia's Asparagopsis boom (Read more HERE).
🌱 ‘Everyone is going to need a lot of seaweed’: Maine-based seaweed polymer innovator wants fisheries and aquaculture to quit plastics (Read more HERE).
🌱 Researchers develop "e-skin" from graphene and seaweed microcapsules (Read more HERE).
🌱 Kelp Forest Foundation’s 2nd Quarter Report 2023 (Read more HERE).
📰 Why finding kelp in the Galapagos is like finding a polar bear in the Bahamas (Read more HERE).
Microalgae
📝 (Paper) Novel bionanomaterial based on Spirulina maxima algae and graphene oxide for lead microextraction and determination in water and infant beverages (Read more HERE).
🟢 Microalgae could promote healthy ageing through mitochondrial protection (Read more HERE).
🟢 Thin film improves “usable light” needed to grow microalgae on industrial scales (Read more HERE).
📝 (Paper) Techno-economic assessment of co-production of edible bioplastic and food supplements from Spirulina (Read more HERE).
🐟 Full replacement of fish oil with algae oil in salmon feed is possible (Read more HERE).
🟢 Researchers map microalgae to investigate optimal climate zones for cultivation of high-value natural material (Read more HERE).
🟢 Salt and sunflowers used to create Atelier Luma's experimental workspace (Read more HERE).
📝 (Paper) Engineered ketocarotenoid biosynthesis in the polyextremophilic red microalga Cyanidioschyzon merolae 10D (Read more HERE).
⚡Join the Phyconauts - a brand new community for folks working in microalgae/cyanobacteria to share openly, collaborate and communicate! (Read more HERE).
Help your friends aboard our growing pirate ship. Share The Paxtier Report to start winning loot.
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