# Cascadia Seaweed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cascadia-seaweed

- Industry: Agribusiness
- Headquarters: Canada
- Website: www.cascadiaseaweed.com/
- Total disclosed funding: $2.9M
- Latest round: Series A (Aug 1, 2024)
- Investors on record: 7

## About

Founded in 2019 and based in British Columbia, Canada, Cascadia Seaweed operates as an agricultural technology company that cultivates and produces seaweed-based agricultural products. The company was founded by its CEO, Michael Williamson, and William Collins. In August 2024, Cascadia Seaweed raised CAD 4 million in Series A funding from the Real Estate Foundation of British Columbia and Verve Ventures.

Cascadia Seaweed produces liquid kelp extracts, known as biostimulants, designed for land-based agricultural producers and animal feeds. Their offerings enhance soil health, improve crop yields, and provide nutritional benefits for crops and livestock. The company offers a natural alternative for crop and cattle farmers by cultivating local kelp species on low-impact ocean farms. They primarily serve farmers in Canada while also reaching agricultural markets in the United States and select international regions.

The company plans to use the August 2024 funding to construct a commercial-scale seaweed biorefinery on the West Coast to expand the sales and marketing of its liquid kelp extracts, biostimulants, and livestock products.

## Funding rounds

- Series A, Aug 1, 2024, $2.9M — Real Estate Foundation of British Columbia, World Wildlife Fund, VertueLab, Verve Ventures, Norfolk Green Ventures, Realize Impact, Potato Impact Partners

## Investors

- Real Estate Foundation of British Columbia — Series A
- World Wildlife Fund — Series A
- VertueLab (https://capitalatlas.ai/funds/vertuelab) — Series A
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series A
- Norfolk Green Ventures (https://capitalatlas.ai/funds/norfolk-green-ventures) — Series A
- Realize Impact — Series A
- Potato Impact Partners — Series A