Following a two-month campaign through OnMarket, Fremantle Seaweed successfully closed its second CSF round, raising $2.17 million. We were subsequently grateful to receive a further investment in our ongoing seed from the investment arm of impact-led, public relations firm, Third Hemisphere, raising funds to just shy of $2.3million.
With the support of 655 new and several second-time investors, the capital invested in the company is catalytic to supporting our seed production: enabling us to expand our hatchery, nursery and processing facilities and building ocean tech to plant and harvest seeded substrate.
It also unlocks the door to our commercial expansion sites so that we can service a serious proportion of the national and global demand for cattle methane inhibitors. and eliminate millions of tonnes of emissions annually.
We’re incredible grateful for to our investors – new and old – for their ongoing confidence and support in our mission as we work to turn the tide on climate.
