🤔 Where should governments invest in the seaweed sector?
PLUS Brevel unveils commercial algae protein plant and Kelpi secures £5 million.
“Prioritise. For any nascent industry that’s getting off the ground, you need quick wins. So, where are those areas you can come to market, at scale, and give confidence to everyone in the sector?” — Cathal Fitzgerald, Ireland Strategic Investment Fund.
Dear seaweed and microalgae investors, buyers, operators, and technologists, welcome to another edition of the Paxtier Report!
Food for thought this week…
If you're interested in state level aquaculture investment strategies --- our new podcast episode is for you. 👇
We sat down with Ireland Strategic Investment Fund's Cathal Fitzgerald and Joanne Gaffney from Bord Iascaigh Mhara - Ireland's Seafood Development Agency (BIM) to discuss seaweed ecosystem developments and opportunities.
Here's what we covered:
→ Why invest in seaweed?
→ Why is Ireland uniquely positioned for seaweed production?
→ As an investor, where would you like to see more deployment of intellectual and financial capital?
→ How should we approach collaboration in this sector and how would you build a strategy for that?
→ How can we improve the licensing process for aquaculture in Ireland?
Hope you enjoy ... 😊
Check out the podcast on Spotify, Apple Podcasts, or YouTube.
Hope you enjoy ... (And get in touch if you'd like to learn more!).
Have a great day folks.
— Peter
In today’s report…
Markets: 📉 Restrictive laws bar New Zealand farmers from using market-ready methane inhibitors.
Deals: 🤝 Kelpi secures £5 million to advance seaweed-based packaging solutions.
Movers and Shakers: 🟢 Brevel unveils commercial algae protein plant with focus on alt-dairy; 'Our protein is superior to soy and pea'.
Around the web: 💡 Paving the way for hydrogen from algae enzymes.
Markets and Investing
✂️Market Snippets
Some big moves in recent weeks…
Seaweed
💸 Kelpi secures £5 million to advance seaweed-based packaging solutions (Read more HERE).
📉 Restrictive laws bar New Zealand farmers from using market-ready methane inhibitors (Read more HERE).
📈 The price of dried seaweed in South Korea increased by 17.8 percent in May compared to the same period last year (Read more HERE).
💸 Symbrosia just received $1.2M from the USDA Organic OMDG program to boost production and processing capacity in Kona by 1600% (Read more HERE).
🤝 Scottish Sea Farms will pilot a scheme that integrates sugar kelp farming with salmon farming (Read more HERE).
Microalgae
📈 Brevel unveils commercial algae protein plant with focus on alt-dairy; 'Our protein is superior to soy and pea' (Read more HERE).
📈 WTHR Skincare reveal new line of products committed to sustainability, created to meet the unique needs of outdoor athletes (Read more HERE).
🤝 Two agreements for shellfish and algae farming signed to boost Oman's aquaculture sector (Read more HERE).
🐦Tweets of the week
🔥 What else was hot in seaweed and microalgae this week?
General
📈 Building and scaling climate hardware: a playbook (Read more HERE).
Seaweed
🧪 (Paper) Integrated multi-trophic aquaculture and circularity assessment shows 90 percent water recirculation and 80–90 percent bioremediation improvements (Read more HERE).
🧪 (Paper) New study reveals that seaweed significantly reduces cow methane emissions without affecting milk production (Read more HERE).
🌿 Global seaweed connectivity: a colourful future? (Read more HERE).
🌿 Launch of first in-person Seagriculture Asia-Pacific conference (Read more HERE).
Microalgae
🐟 Consumers skeptical of insect and algae in salmon feed, study finds (Read more HERE).
🟢 Paving the way for hydrogen from algae enzymes (Read more HERE).
That’s all folks!
Thanks again for joining us this week. If you think we’ve missed something worth highlighting - drop us a line below or via LinkedIn. Hope you have a great day and stay tuned for more seaweed and microalgae updates soon!
Best,
Peter