About Seagrass Tech
Seagrass Tech is a company based in Chennai (India) founded in 2016 by Prakash Ramadass, Suganya Baskaran, Swaminathan Detchanamurthy, and Monisha Reddy. Seagrass Tech has raised $79.89 thousand across 1 funding round from investors including Artesian. Seagrass Tech offers products and services including SeaCarotene, SeaLipro, SeaProtein, Algae Consultancy, and Carbon Credits. Seagrass Tech operates in a competitive market with competitors including Microphyt, Fermentalg, Simris Alg, TerraVia and Algaia, among others.
- Headquarter Chennai, India
- Founders Prakash Ramadass, Suganya Baskaran, Swaminathan Detchanamurthy, Monisha Reddy
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Sectors
HealthcareAgriculture Environment
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Email
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Phone
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Website
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Social
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- Legal Name Seagrass Tech Private Limited
- Date of Incorporation 24 Mar, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$14.25 K (USD)0as on Mar 31, 2021
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Net Profit
-$40.62 K (USD)46.81as on Mar 31, 2021
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EBITDA
-$26.68 K (USD)55.21as on Mar 31, 2021
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Total Equity Funding
$79.89 K (USD)
in 1 rounds
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Latest Funding Round
$79.89 K (USD), Seed
Feb 05, 2020
- Investors
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Employee Count
Not available
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Products & Services of Seagrass Tech
Seagrass Tech offers a comprehensive portfolio of products and services, including SeaCarotene, SeaLipro, SeaProtein, Algae Consultancy, and Carbon Credits.
Marine algae-based carotenoid for health and nutrition applications.
Algae-derived lipids for industrial and food uses.
High-protein algae biomass for sustainable food production.
Expert advice on algae cultivation and applications.
Projects for carbon sequestration through algae farming.
Funding Insights of Seagrass Tech
Seagrass Tech has successfully raised a total of $79.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $79.89 thousand completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Seagrass Tech
Seagrass Tech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Artesian.
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Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
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Investor details for Seagrass Tech
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Investments & Acquisitions by Seagrass Tech
Investment portfolio details for Seagrass Tech
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Financial Statements - Seagrass Tech
Detailed financials for Seagrass Tech
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Seagrass Tech Comparisons
Peer comparison for Seagrass Tech
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Competitors of Seagrass Tech
Seagrass Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Microphyt, Fermentalg, Simris Alg, TerraVia and Algaia, among others.
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Microalgae cultivation technology is developed and supplied.
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Microalgae are processed via fermentors to yield biomass feedstock.
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Algae are cultivated, harvested, and processed into oils and products.
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Algae-based specialty ingredients are manufactured and supplied for food applications.
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Seaweed-based biological solutions for agriculture and beyond are developed.
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Developing and marketing algal extracts for use in plant, animal and human health products
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Detailed competitors of Seagrass Tech
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Latest news on Seagrass Tech
Complete news archive for Seagrass Tech
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Frequently Asked Questions about Seagrass Tech
Seagrass Tech was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Seagrass Tech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Seagrass Tech is a funded company, having raised a total of $79.89K across 1 funding round to date.
Annual revenue of Seagrass Tech is $14.25K as on Mar 31, 2021.
Seagrass Tech was established in 2016 in Chennai, India, within the marine biotechnology sector. A specialized platform for harvesting micro marine algae is operated, enabling production of extracts for health applications. Products such as SeaCarotene, derived from red marine microalgae as a powder, SeaLipro from green microalgae, and SeaProtein from blue-green microalgae are provided. The latter extract aids natural detoxification, energy production, and vitality in the body.
Seagrass Tech's top competitors include Fermentalg, Microphyt and Zivo Bioscience.
Seagrass Tech offers SeaCarotene, SeaLipro, SeaProtein, Algae Consultancy, and Carbon Credits.
Seagrass Tech has 1 investor. Key investors include Artesian.
The valuation of Seagrass Tech is $755.7K as of Feb 2020.