🍃The Paxtier Report 160523
Value of ocean economy ranges $3-6tr per year and EcoLogicStudio has turned algae into a photosynthesising tree.
"It's so exciting to see so many new investors come into the aquaculture space, but there needs to be an alignment towards long-term value" — Amy Novogratz, Managing Partner, Aqua-Spark
Dear algae technologists - hello and welcome to the Paxtier Report!
To start the email this week, check out this little update from Vincent Doumeizel:
You can watch the video here.
In today’s report:
Markets: 💸 Aquaculture needs massive capital investment to avoid a shortfall in seafood production by 2050.
Deals: 🤝 Oceanfarmr and Coast 4C are collaborating to improve the livelihoods of small-scale seaweed producers in Southeast Asia.
Movers and Shakers: 🌱Kelp Blue wins at Abu Dhabi Investment Awards.
Around the web: 🌍 Design practice EcoLogicStudio has turned algae into a biodegradable biopolymer, from which it has "grown" a 3D-printed, 10-metre-tall tree that carries out photosynthesis.
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
General
🌊 Value of ocean economy ranges $3-6tr per year, says UN. (Read more HERE).
🏛️ European Parliament supports development of EU markets for food and non-food applications of algae. (Read more HERE).
🤝 Pale Blue Dot continues investing in its climate vision, with a second $100M fund. (Read more HERE).
🤝 Cyanotech and Symbrosia explore relationship to grow Symbrosia's seaweed product at Cyanotech facilities. (Read more HERE).
💸 Aquaculture needs massive capital investment and a willingness to embrace a new way of thinking, if the world is to avoid a shortfall in seafood production by 2050. (Read more HERE).
🦠 Why former Google CEO Eric Schmidt is betting big on the $1T US Bioeconomy. (Read more HERE).
Macroalgae
🤝 Oceanfarmr and Coast 4C are collaborating to improve the livelihoods of small-scale seaweed producers in Southeast Asia. (Read more HERE).
🌱 Kelp dryer could allow Maine seaweed farms to triple output. (Read more HERE).
🤝 Notpla has secured a listing with Bidfood Catering Supplies to distribute its seaweed-coated takeaway food boxes. (Read more HERE).
🌱 Made in Oban: Development of a mobile seaweed drier could save small seaweed farms hundreds of thousands of pounds. (Read more HERE).
🤝 Hyundai Motor joins Korean government entities to protect blue carbon ecosystem. (Read more HERE).
🌱 Northland Regional Council seeks meeting with Biosecurity Minister Damien O’Connor in NZ to deal with invasive Caulerpa seaweed. (Read more HERE).
🌱 UK-based seaweed startup Carbon Kapture has launched its first seaweed farm by partnering with shellfish farmers in Ireland. (Read more HERE).
🏆Kelp Blue wins at Abu Dhabi Investment Awards. (Read more HERE).
Microalgae
🤝 NewFish partners with Socius Ingredients to develop algae proteins for USA sports and active nutrition market. (Read more HERE).
🐄 California dairy sector moves toward advanced manure recycling through innovation, partnerships, worms and algae. (Read more HERE).
🏆Smallfood Inc. (as part of Team ProFillet) has been named a finalist in the global XPRIZE Feed The Next Billion competition. (Read more HERE).
🏆Arrhenius has been awarded CHF 40,000 (USD$44,784.36) to develop and operate large-scale microalgae bioreactors. (Read more HERE).
🤝 Social Carbon Foundation and BlueGreen Water Technologies explore carbon removal from harmful algal bloom remediation. (Read more HERE).
🏆The“Landless Food” project, which cultivates microalgae on edible gel-like objects has been awarded €10.000 as part of the What Design Can Do - Make it Circular Challenge Award. (Read more HERE).
🏆 Lena Vogel has won the 3D Pioneers Challenge "Best Student" category, for her algae project, which links up 3D printing and microalgae cultivation. (Read more HERE).
🐦Tweet of the week
🔥 What else was hot in algae tech this week?
Macroalgae
📝 (Paper) Potential role of seaweeds in climate change mitigation. (Read more HERE).
🕮 The impact of OceanFeed Aqua (OFA) seaweed blend on the performance of Pangasius striped catfish. (Read more HERE).
📦A new collaborative project between University of East Anglia (UEA), the Centre for Environment, Fisheries and Aquaculture Science (Cefas), and Hethel Innovation has been launched. (Read more HERE).
🌊 From oysterman to Oceanfarmr executive. Ewan McAsh is the founder and CEO of Oceanfarmr. (Read more HERE).
🤿 Start-ups see sustainable future in seaweed farming. Investor interest is growing in a protein-rich food source that could also free up agricultural land. (Read more HERE).
Microalgae
📝 (Paper) Aerobic bacteria produce nitric oxide via denitrification and promote algal population collapse. (Read more HERE).
🌊 Tiny ocean conquerors: How ancestors of Prochlorococcus microbes mastered the seas on exoskeleton rafts. (Read more HERE).
🟢 Study proves red light promotes growth of Haematococcus pluvialis. (Read more HERE).
📝 (Paper) A PSII photosynthetic control is activated in anoxic cultures of green algae following illumination. (Read more HERE).
🟢 Some super updates from the Young Algaeneers conference. (Read more HERE).
💪🏼 Design practice EcoLogicStudio has turned algae into a biodegradable biopolymer, from which it has "grown" a 3D-printed, 10-metre-tall tree that carries out photosynthesis. (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!
Peter