Category: Algae Basics
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September 25, 2023: South Korean food ingredient company HN Novatech has announced that it has secured $4 million in a Series-A bridge round to commercialize its flagship ingredient ACOM-S, a seaweed-extracted heme for plant-based meat applications, such as burger patties, BBQ beef, and sausages. READ MORE...
September 21, 2023: Sea Forest, a Tasmanian-based company that grows seaweed to mitigate cow and sheep methane emissions, has been named a finalist in the prestigious global environmental award, the Earthshot Prize, set-up in 2020 by Prince William and world renowned wildlife filmmaker and environmentalist Sir David Attenborough. READ MORE...
September 18, 2023: Chitose Bio Evolution PTE. Ltd. has concluded a total of 21M USD in new share issuances through a third-party allotment with several large organizations. The funds raised will be allocated towards the expansion of the microalgae production facility and R&D of product applications to accelerate MATSURI, the project to build a microalgae-based industry to replace the petroleum industry. READ MORE...