Nestl Purina Europe plans to restore 1,500 hectares of marine habitats by 2030, showing a commitment to marine conservation.
The European Union approving over 20 algae species for sale as food or food supplements reflects a growing interest in sustainable and diverse food sources.
Dutch microalgae producer Phycom securing 1.75M indicates increasing investments in innovative sustainable solutions like microalgae production.
An algae domestication program won a Seaweed Ideathon, focusing on sustainable agriculture practices and biostimulant production.
Investors are showing interest in aquaculture technology, with significant funding rounds announced for seaweed-derived products and sustainability initiatives.
Job opportunities in the seaweed and microalgae industry are on the rise, with companies like PhycoWorks and GreenWave actively recruiting for various positions.
About 40% of seaweed start-ups are actually led by women, showing a significant presence of female leadership in the industry.
In developing countries, women play crucial roles in various stages of the seaweed value chain, such as farming, harvesting, processing, and marketing, empowering them economically and socially.
While progress has been made with female leadership in the algae industry, challenges like limited access to resources, unequal pay, and underrepresentation in decision-making processes still exist, highlighting the need for further action towards gender equality.
Recognize that you're in a state of learning at the beginning and have many conversations.
Experiment fast, fail fast, and don't give up - running out of money or quitting are the main reasons companies fail.
Focus on creating diverse product representations, improving processing, and investing in genetic toolsets to unlock the full potential of algae strains.