Founder and Managing Director, Sea Forest
Stories naming Sam Elsom. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
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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.
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.
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.
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.
A roundup of climate-focused startups that secured investment during 2021, led by Loam Bio's $40 million carbon sequestration round, spanning clean energy, waste, lithium, and plant-based protein companies across Australia and New Zealand.
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Tasmanian seaweed startup Sea Forest has raised an oversubscribed $34 million round from Macquarie's agricultural arm, PGA Investments and Rob Purves, to build a large farm and processing facility cutting livestock methane emissions.
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Australia's Accelerating Commercialisation grants include A$1 million for seaweed startup Sea Forest, with Agscent, Phyllome and Monsoon Aquatics also funded; the article recalls CSIRO and partners pooling A$13 million to launch FutureFeed.
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