Carbon wave, a Boston-based startup, has raised $5 million in venture funding to “upcycle” Sargassum seaweed into biomaterials, led by an affiliate of Natixis Investment Managers. At present, Florida’s west coast is gradually being hit by the largest-ever blob of Sargassum seaweed, with its outer edges already being washed up on local beaches. The original plan of the company was to farm seaweed for conversion into biomaterial, but it was pivoted as Sargassum blooms began to proliferate, as told by Carbon wave CEO Geoff Chaplin to Axios. The Atlantic and Caribbean regions have experienced an extraordinary bloom of a seaweed … Continue reading From Seaweed Nuisance to Innovative Solution: Carbon wave $13 Million Plan to Upcycle Sargassum Blooms