Cascadia Seaweed’s CEO has returned home from an international event — organized by the Cleantech Group in Palm Springs California — celebrating innovative cleantech solutions from around the globe. Entrepreneurs, corporations, investors, economic development agencies and government officials made up the 200+ in-person attendees to discuss this year’s theme, “From commitments to actions: the sprint to net zero.”
“It makes such a difference to attend events and connect with others in person. This was a very successful networking event for Cascadia Seaweed and we are grateful to the MaRS Discovery District for selecting us as one of the 14 Canadian delegates this year,” says Mike Williamson, CEO of Cascadia Seaweed.
“Every year MaRS puts out a call for ventures to participate in a Canadian delegation to the Cleantech Forum. It’s a competitive process, and Cascadia Seaweed was selected along with 15 other high-potential companies to represent Canada,” said Tyler Hamilton, director of cleantech at MaRS. “This is an extremely high-value event, one of the few where top cleantech investors from around the world gather to learn about new ventures and technologies. Working with MaRS, our delegates benefit by getting direct access to important sources of venture capital.”
“Cascadia Seaweed is in the process of completing a Series A fundraising round for $5MM in equity, and through the connections made at the Cleantech Forum, we expect to attract like-minded investors that care about making a profit by supporting people and the planet,” adds Williamson.
“Entrepreneurship needs nurturing, engagement and feedback, and ultimately it needs partners to progress great ideas into great businesses,” said Richard Youngman, CEO, Cleantech Group. “The high energy at last week’s Forum was testament to how long we’d all been starved of such.”
In under three years, Cascadia Seaweed has become the largest provider of ocean cultivated seaweed in North America. They attribute much of their success to the unique partnerships they form with First Nations. Ocean cultivated seaweed requires no freshwater, fertilizers, pesticides or arable land to grow. It utilizes nutrients from the sea, sequesters more carbon than land plants, mitigates acidification, creates habitat, is renewable and fast growing. It is the definition of regenerative aquaculture and as a form of economic development it aligns with many Indigenous values.
Accredited investors or fund representatives should
contact Mike Williamson
to receive more information about the strategic direction of Cascadia Seaweed, the milestones achieved by this ambitious team, and the current investment opportunity.
