Seaweed Solutions: Seaweed Solutions positioned for growth. A new CEO appointed and EUR 4.4M raised in new capital

TRONDHEIM, NORWAY 17th January 2023 - Seaweed Solutions AS, a pioneer in seaweed cultivation, has secured NOK 46M (EUR 4.4M) in new funding from a number of private investors as well as World Wildlife Fund (WWF-US). This puts the company in a position to ramp up production and become one of Europe's leading seaweed companies. To lead the expansion, Ole Christian Norvik, an experienced leader in the aquaculture industry has joined the company as CEO, bringing broad management and production experience from land and sea based aquaculture for more than 20 years in companies like Mowi and NRS. "After many years in traditional aquaculture I look forward to joining the exciting and climate friendly seaweed industry, working with the competent and experienced team at Seaweed Solutions. I believe we are well positioned in a growing sector and have all the elements for expansion in place. This will ensure supply of world-class raw materials that will contribute to a sustainable blue growth in the future." says Norvik. The board of directors is strengthened with 3 new board members: David Buckeridge (formerly with Paine Schwartz, and AstraZeneca), Kamel Gabriel El Khaloui (Scanbio, and formerly with Diana) and Alex Mayer Wolf (formerly with ...