Macrocarbon SL

Based in Las Palmas, Spain, Macro Carbon SL specializes in the cultivation of seaweed, offering sustainable biofeedstock solutions that contribute to reducing reliance on fossil fuels. Founded in 2023 in Las Palmas, Spain, Macro Carbon SL focuses on cultivating seaweed for sustainable applications. The company has engaged in one deal, raising USD 0. 044 mn in pre-seed funding on February 1, 2024, from investors Brinc and Hatcher+.

Macrocarbon specializes in the cultivation and processing of pelagic seaweed species, providing innovative solutions for the sustainable production of biofeedstocks, including carbon-negative replacements for aviation fuels, plastic precursors, and chemical inputs traditionally derived from fossil fuels. Their approach utilizes controlled floating techniques to cultivate specific native brown and green seaweed species, allowing for efficient harvesting with minimal infrastructure. The end-use cases targeted by Macrocarbon include the creation of sustainable aviation fuel (SAF), biochar, and high-value natural compounds such as Ulvan, cellulose, and protein, thereby addressing the increasing demand for sustainable alternatives in various advanced industries. The company serves a diverse client base, including industries in Europe, North and West Africa, and other regions aiming to establish resilient blue bio-economies.

Macrocarbon's integrated model not only enhances local economies but also contributes to the global transition to a circular economy. Macrocarbon generates revenue through partnerships and collaboration agreements aimed at advancing the commercialization of its innovative seaweed-based products. The transactional structure includes B2B arrangements where industrial clients purchase biofeedstocks for use in their production processes, such as aviation fuels and bioproducts. While specific pricing plans for individual products are not disclosed, the company is actively involved in funded projects, such as those from the Carbon-to-Value Challenge and the NEOTEC Women Program, which support its research and development efforts.

These funding initiatives enhance Macrocarbon's ability to optimize its product offerings while ensuring that its transformative technologies align with market demand. By fostering partnerships with industries focused on sustainability, Macrocarbon positions itself to unlock significant revenue streams associated with the transition to a blue and circular economy. In February 2024, Macrocarbon SL raised USD 0. 04 million in pre-seed funding, which will be utilized to support its initiatives for designing new products aimed at enhancing sustainable biofeedstocks.

The company is targeting expansion into markets in Europe, North and West Africa by establishing partnerships that leverage its expertise in seaweed cultivation. The funding will aid in developing its product line and enhancing its market reach.