BASF Venture Capital and Aqua-Spark invest in Sea6 Energy’s Series B round

August 31, 2022 |

In Germany, BASF Venture Capital GmbH, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy Pvt. Ltd. (the company) as part of a Series B round. Sea6 Energy was founded in 2010 and is located in Bangalore, India. The company is a leader in the production and processing of tropical red seaweed. Other existing investors include Tata Capital Innovations Fund. With this investment, Sea6 Energy will complete its Series B transaction of INR 1402 million (about $18.5 million) in total.

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Category: Fuels

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