Technology

Chemical giant BASF joins Aqua-Spark in funding seaweed production venture

Funding will go towards the production and processing of tropical seaweed that greatly increases shelf life for transportation.

BASF Venture Capital and Aqua-Spark are investing in seaweed producer Sea6 Energy as part of a Series B round.
BASF Venture Capital and Aqua-Spark are investing in seaweed producer Sea6 Energy as part of a Series B round.Photo: BASF
Published 17 August 2022, 23:21Updated 17 August 2022, 23:21
AquatechSeaweedMergers & AcquisitionsInvestmentsPrivate equity