Sea Forest

Eight ANZ startups that raised $373.3 million this week

Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.

Also Startup Daily

Cheque-in: 6 startups kicked off December raising $24.2 million this week

Six Australian startups, including Bodd, Hachiko and Cor, collectively secured about $24 million in fresh backing, while seaweed peer Sea Forest floated on the ASX and jumped in early trade.

Six Aussie startups that raised $24.2 million this week

Weekly funding roundup covering raises by Bodd, Hachiko, Fremantle Seaweed, Cor, Detail Earth and Recovr, plus seaweed peer Sea Forest's ASX float at a $112 million market capitalisation.

Also Startup Daily

WA livestock methane startup Freemantle Seaweed raises $2.2 million in crowdfunded Seed round

Western Australia seaweed venture Fremantle Seaweed banked A$2.176 million from 676 crowd investors, with a larger sophisticated-investor tranche planned; Sea Forest's fresh ASX listing frames the story.

Also SmartCompany·Startup Daily

Climate tech now employs 7000+ people and is driving Australia's economic growth, Climate Salad's annual analysis finds

Climate Salad's report says Australia's climate tech sector has passed 7,000 workers across 730 startups and drew $680 million in venture capital; Sea Forest's ASX debut and fund commitments point to investor appetite.

Methane-busting livestock feed startup Sea Forest valued at $112 million ahead of ASX listing

Seaweed-based livestock feed maker Sea Forest lists on the ASX after an oversubscribed share offer pulled in $20.5 million, putting its value at $112.1 million, with proceeds earmarked for new facilities and global expansion.

Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Livestock methane reduction startup swallows $11 million Series A

Sydney synthetic-biology venture Number 8 Bio has banked an $11m Series A with Icehouse Ventures leading, to advance cattle trials of its methane-cutting supplement; its 2024 seed and accelerator stint are recalled.

Also AgFunderNews·Startup Daily·SmartCompany

Uluu raises $16 million Series A to replace plastics with seaweed-based alternatives

Perth seaweed materials maker Uluu has closed a Series A led by Burda Principal Investments to fund a commercial-scale facility, with Main Sequence returning after leading its 2022 round.

Also Startup Daily·@AuManufacturing·Forbes Australia·SmartCompany·Startup News (WA)·Startup Daily·AgFunderNews

From Zoë Foster Blake to the ASX: Sustainability startup Sea Forest pursuing IPO

The maker of methane-cutting cattle feed supplements is readying a possible 2026 stockmarket float after a deal to supply Europe, with celebrity and institutional names among its backers.

Biotech startup Number 8 Bio bags $7 million to drive methane-busting mission

Sydney agtech Number 8 Bio has banked $7 million in seed capital to develop yeast-based feed additives that cut livestock methane, with Main Sequence leading and Breakthrough Victoria putting in $1.7 million.

Also AgFunderNews·Beef Central / Grain Central·SmartCompany·Startup Daily·Startup Daily·AgFunderNews

New $150m fund targets net zero “disruption” start-ups across energy, transport, recycling

Investment firm Pollination has launched a $150m vehicle backing climate and nature start-ups, anchored by a cornerstone commitment from Queensland Investment Corporation, with first investments expected from late 2024.

New $150 million venture capital fund to pollinate climate, nature startups

Pollination has rolled out a $150 million fund for environmentally focused startups, anchored by Queensland Investment Corporation, and will begin picking companies late in 2024 across five sectors.

Also AgFunderNews·Startup Daily

Red seaweed was billed as a gamechanger for livestock methane reduction… so when will it deliver?

Q&A with FutureFeed's chief executive on Asparagopsis seaweed as a livestock methane-cutting feed additive: its licensing business, backers, licensees' progress, regulation, research and scaling hurdles.

The founders raking in millions to secure Australia's food future

Profile of four agtech founders tackling food security: Invertigro's modular vertical farms, Regrow Ag's satellite soil-carbon measurement, Lleaf's light-altering greenhouse film, and Sea Forest's methane-reducing seaweed cattle supplement.

VIC seaweed startup Immersion secures investment from Japanese aquaculture giant

Victorian seaweed startup Immersion Group has received an undisclosed investment from Japan's Nissui Corporation, funding a new Geelong-region pilot plant to scale its asparagopsis-based livestock feed product.

Also Beef Central / Grain Central

Five regional startups we have our eyes on in 2023

SmartCompany profiles five Australian regional startups to watch in 2023, recalling recent funding rounds for OceanFarmr, Zetifi, Sea Forest and Subpod, and noting SwarmFarm Robotics' farmland reach.

Also Startup Daily

Seaweed startup aims to stop cow burps and farts as Australia poised to back Biden methane pledge

Australia may adopt methane reduction targets, benefiting livestock feed additive startups. Sea Forest, a Tasmanian seaweed producer, previously received federal grants and counts major dairy and beef companies among its customers.

This award-winning startup is getting ready to take its methane-eliminating seaweed feedstock to market. Will it work?

Feature profile of Sea Forest, a Tasmania-based asparagopsis seaweed venture, covering its lifetime backing, trial partnerships with dairy and wool players, government grants and its founder's push toward commercialisation.

Six agtech projects awarded $4 million on novel feeds for methane reduction

Six research projects share four million dollars in federal MERiL grants to test seaweed, legume and synthetic feed additives that could cut methane from cattle and sheep.