Startup · $55.5m raised
Triabunna, TAS
Every investor coverage indicates participated in a round Sea Forest raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant | $1,000,000 |
| Federal Government | Grant | $1,000,000 |
| Macquarie Infrastructure and Real Assets | Unnamed stage | - |
| PGA Investments | Unnamed stage | - |
| Rob Purves | Unnamed stage | - |
The transaction that ended Sea Forest's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 26 Nov 2025 | $20.5m | Startup Daily (Fri 5 Dec 2025), SmartCompany (Fri 5 Dec 2025), Startup Daily (Mon 1 Dec 2025), Startup Daily (Thu 27 Nov 2025), SmartCompany (Thu 27 Nov 2025), Startup Daily (Wed 26 Nov 2025), SmartCompany (Wed 26 Nov 2025) |
Companies Sea Forest acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Sea Forest. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly digest: Firmus withdraws its planned listing, Square Peg reaches a billion-dollar close on two vehicles, MUFG clears regulators to buy Grow Inc, and Lubdub, RocketDNA, Energy Bay and Metal all raise.
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.
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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.
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
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.
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.
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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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.
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
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.
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
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.
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.
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.
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.
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.
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.
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.
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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Weekly roundup covering Main Sequence's second-fund close, operating partner hires at Blackbird and AirTree, raises by Sea Forest, Adventus.io, Halter and others, acquisitions by Equiem, Stripe and Toyota, plus Big Tech earnings.
Daily tech roundup: Lyft sells its self-driving unit to Toyota, Sea Forest raises for Tasmanian seaweed farming, Kogan founders' past share sale resurfaces, plus Tesla results and a TikTok radio launch.
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.
Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily
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.
Also RenewEconomy·Beef Central / Grain Central·Beef Central / Grain Central