SeaStock Wins Climate Resilience Prize

Seagriculture EU 2024
SeaStock Wins Climate Resilience Prize

SeaStock was announced as the winner of the 2023 LDC Climate Resilience Prize at Mass Challenge Switzerland.

Western Australian-based biotech company SeaStock has received the Louis Dreyfus Corporation (LDC) Climate Resilience Prize in Lausanne, Switzerland.

SeaStock was one of more than 1200 startups from across the globe selected to take part in this year’s accelerator program located in Lausanne, Switzerland, which commenced in May of 2023. SeaStock was the only Australian company to be selected as a finalist. The startup was recognized for its technology-based approach to assist the agriculture industry in reducing its greenhouse gas emissions.

Mass Challenge President Ian Roberts said that SeaStock was named as LDC Climate Resilience Prize Laureate because of its potential to deliver rapid impact by cutting emissions from the world’s dairy and beef herds.

“SeaStock provides a solution that can plug into the existing supply chain, thus scale fast to cut emissions in the short and medium term. They create a meaningful impact as we speed up global transition to a future where alternative proteins take a much bigger share of our diet.”

“Winning the LDC Climate Resilience Award is global recognition and validation that our innovative approach to seaweed cultivation and processing is commercially scalable and can have a direct impact on reducing methane emissions from livestock,” said SeaStock Managing Director Tom Puddy. “We need the support of governments to do this and to help primary producers to incorporate cost effective, proven and sustainable solutions into their operations.”

“We’ve shown at our Fremantle-based hatchery and pilot plant that we can produce and extract commercially valuable products from seaweed grown in a controlled environment and that we can do so sustainably using renewable energy sources, cost effectively with high purity and high concentration while retaining a natural ingredient status.”  

Mass Challenge Switzerland partners Buhler Group, Givaudan, Nestle, DSM, Louis Dreyfus Company and Sudzucker promote the challenge with the aim of identifying startups or scaleups with proven solutions or technology in the areas of sustainable food and feeding solutions, sustainable supply chain and manufacturing, sustainable packaging, and Agri Tech.

Shortlisted companies are given a direct pathway to multi-national corporations to explore ways to collaborate with them and to assist them to scale their technology.

All rights reserved. Permission required to reprint articles in their entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeplanet.com. Algae Planet accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

Seagriculture USA 2024
AlgaeMetrics
Contact Phil Ganz

Subscribe

Breaking-News

  • June 14, 2024: Engineers at the University of California San Diego have developed microscopic robots, known as microrobots, capable of swimming through the lungs to deliver cancer-fighting medication directly to metastatic tumors. This approach has shown promise in mice, where it inhibited the growth and spread of tumors that had metastasized to the lungs, thereby boosting survival rates compared to control treatments. READ MORE...
  • June 12, 2024: The PROTEUS consortium of 11 international partners, funded by the Circular Bio-Based Europe Joint Undertaking, intends to establish the first industrial-scale biorefinery for brown seaweeds. This facility will enhance sustainable production of bio-based ingredients from Laminaria hyperborea, an untapped European renewable resource, meeting global demand in food, feed, personal care, and industrial sectors. READ MORE...
  • June 10, 2024: University of North Carolina at Chapel Hill researcher Hans W. Paerl, PhD, will join researchers at the University of Michigan for a $6.5 million, five-year federal grant to host a center for studying links between climate change, harmful algal blooms and human health. READ MORE...
  • June 7, 2024: Three freshwater microalgal species: Chlorella protothecoides, Micractinium sp., and Scenedesmus obliquus were cultured under a static magnetic field and its influence on the accumulation of biomolecules (lipids, proteins, carbohydrates) and biomass production have been evaluated. READ MORE...

Algae Europe 2024

A Beginner’s Guide