Tech
Eco
C-Combinator
We take the planet's largest seaweed bloom and turn it into high-value products
Boston,
MA
Investment type:
Equity
(Convertible Note)
Target raise:
$100,000
- $1,070,000
Minimum investment:
$100
$100
End date:
Nov 02, 2021
Nov 02, 2021
ended
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Highlights
- Up to 70% margins due to close to zero acquisition costs for seaweed. We get paid to collect it.
- Every product draws down carbon from the atmosphere and will never degrade into microplastics.
- Filed intellectual property on extraction methods used to create products worth $30 – $500/kg.
- Generated $50K of revenue in June alone from collections.
Our Story
We are the only company using the largest seaweed bloom on the plant to create leather, cosmetics inputs, and agricultural solutions for the world at large scale. Our 60-70% margin products are made from carbon taken out of the air an ocean by the seaweed and never degrade into microplastics. The ocean is handing us 10s of millions of tonnes of biomass that now just rots, releasing methane and harming tourism. We are the first to figure out how to make these valuable products from it.
Our Ambition
$100M+ in revenues through processing Sargassum into carbon neutral and biodegradable products, we will see a regeneration of soils and oceans, strengthening their natural ability as Carbon Sinks all the while restoring their capacity to generate life as critical habitats, fishing grounds, or farmland. We will sequester thousands of tons of carbon into a new approach to biodegradable solutions in contrast to the oil companies of today.