[Funding alert] Bengaluru startup Sea6 Energy raises $9M in Series B led by Aqua-Spark
Summary
Mike Velings and Amy Novogratz, Co-founders of Aqua-Spark, said, “Their SeaCombine makes sustainably farming the ocean possible while capturing CO2 and transforming it into valuable products. Sea6 Energy is a vertically integrated seaweed producer, processor, and developer headquartered in Bengaluru with a subsidiary in Indonesia. The startup has developed the proprietary SeaCombine — a fully mechanised cultivation system that can simultaneously harvest and replant seaweed in deep ocean waters, enabling cost-competitive production at scale. The company has also developed proprietary technologies to convert fresh seaweed into novel, environmentally friendly products for various industries, including agriculture, animal health, food ingredients, bioplastics, and renewable chemicals. Founded in 2010 at IIT Madras by Sailaja Nori, Nelson Vadassery, Sowmya Balendiran, and Shrikumar Suryanarayan, the startup has been working to develop technology and products to better support the seaweed industry.