SeaStock
SeaStock is a Western Australian biotech company founded in 2021 that cultivates Asparagopsis seaweed and uses a proprietary dual extraction method to produce bromoform-based livestock feed additives (reducing cattle methane emissions) and RUBY SEA natural red pigment for food, cosmetics, and pharmaceutical markets.
- Company typePrivate
- Founded2021
- HeadquartersFremantle, Australia
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What SeaStock does
SeaStock is a Western Australian biotech company founded in September 2021 that develops onshore cultivation and extraction methods for compounds derived from native Asparagopsis seaweed. Its proprietary technology combines a novel Asparagopsis lifecycle cultivation method (patent pending) with a dual extraction technique that achieves near 100% bromoform extraction efficiency at concentrations exceeding 65mg/ml, while simultaneously producing pharmaceutical-grade R-phycoerythrin (RUBY SEA) red pigment. SeaStock is the only FutureFeed licensee in Western Australia and one of nine globally, giving it commercial access to Asparagopsis-based methane-reducing feed ingredient IP backed by CSIRO research. The company's products address two distinct markets: a bromoform oil concentrate (stabilised in canola oil) sold to beef and dairy producers as a feed additive that reduces enteric methane emissions by over 90%, and a naturally derived red pigment sold under the RUBY SEA brand to food and beverage, cosmetics, and pharmaceutical customers seeking alternatives to synthetic dyes following regulatory bans such as the January 2025 FDA prohibition on Red Dye No. 3.
The business operates from a pilot plant and headquarters at Fremantle (established May 2023) with production infrastructure at the Abrolhos Islands and a commercial-scale plant planned at Oakford for 2026 commissioning. SeaStock monetises through direct B2B sales of bromoform concentrate to livestock producers (first commercial order from FutureFeed in August 2024), licensing-derived revenue via its FutureFeed licensee status, and forward plans for unit-priced sales of RUBY SEA pigment to industrial buyers. Go-to-market combines sales-led enterprise engagement with event-driven visibility (MassChallenge Switzerland, International Seaweed Symposium, Next Kitchen 2026 Japan) and strategic infrastructure partnerships such as the Regis Resources mine pit water feasibility study. The company has secured approximately A$876K in non-dilutive government grants and accelerator funding to date and employs a lean team of fewer than ten people led by Managing Director Tom Puddy and CTO Tom Chaney.
SeaStock firmographics
Firmographics- Name
- SeaStock
- Legal name
- SeaStock Pty Ltd
- Website
- https://seastock.com.au
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SeaStock is a Western Australian biotech company founded in 2021 that cultivates Asparagopsis seaweed and uses a proprietary dual extraction method to produce bromoform-based livestock feed additives (reducing cattle methane emissions) and RUBY SEA natural red pigment for food, cosmetics, and pharmaceutical markets.
- Ownership category
- akta.pro rank
SeaStock industry classification
Industry- Product category
- Marine biotechnology and algae-derived bioactive compounds
- NAICS
- Aquaculture (1125)
- SIC
- Agricultural Production-Crops (100), Agricultural Chemicals (2870)
- akta.pro primary industry
- Seaweed & Algae Aquaculture (incl. microalgae) (AFAEAAAE)
- akta.pro secondary industries
- Ocean-Based Carbon Removal (Alkalinity Enhancement, Seaweed, Ocean Biomass Sinking) (EUABAFAF), Algae & Seaweed Proteins (Microalgae/Spirulina, Macroalgae) (AFAJAHAF)
Keywords
Where SeaStock is headquartered
LocationHeadquarters
- HQ city
- Fremantle
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
SeaStock business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Bromoform Feed Additive Sales: Sale of concentrated natural bioactive compounds (bromoform) extracted from Asparagopsis seaweed for use as livestock feed supplement. Product is stabilized in canola oil and can be used in compound, mash and lick block feed applications. First commercial order received from FutureFeed.
- Natural Red Pigment (R-PE) Sales: Sale of RUBY SEA brand R-phycoerythrin red pigment extracted from Asparagopsis for use in pharmaceuticals, cosmetics, and food/beverage applications. Product achieves pharmaceutical-grade purity (purity index 4.5) and food-grade standards (purity 0.7).
- FutureFeed Licensee Revenue: As a licensed producer of Asparagopsis-based methane reducing feed ingredient under FutureFeed global IP, SeaStock generates revenue through commercial production and sale of certified products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | B2B bulk supply of Asparagopsis concentrate |
| Unit Pricing | Pay-as-you-go | Pharmaceutical-grade red pigment |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
SeaStock product offering
Product offeringCore offering
SeaStock cultivates native Asparagopsis seaweed at onshore facilities in Western Australia and uses a proprietary dual extraction method to produce a Bromoform Oil Concentrate (CHBr3) for use as a livestock feed additive that reduces cattle methane emissions, along with RUBY SEA™ R-phycoerythrin (R-PE) natural red pigment for food, cosmetic and pharmaceutical applications. Products are sold B2B in bulk concentrate form stabilized in canola oil.
Differentiator
Problem solved
Functional benefit
Brands
- RUBY SEA™: SeaStock's naturally derived red pigment (R-phycoerythrin) extracted from sustainably cultivated Asparagopsis algae, positioned as a clean-label alternative to synthetic colourants in global markets.
Products and services
- Bromoform Oil Concentrate (CHBr3) Naturally derived bromoform concentrate extracted from Asparagopsis seaweed and stabilized in canola oil for use as a livestock feed additive that cuts cattle methane emissions by over 90% and improves feed efficiency. Sold B2B in bulk to beef and dairy producers, and supplied under SeaStock's FutureFeed licensee agreement.
- RUBY SEA™ Natural Red Pigment (R-phycoerythrin / R-PE) Trademarked RUBY SEA™ brand of R-phycoerythrin red pigment extracted from Asparagopsis algae, available in pharmaceutical-grade (purity index 4.5) and food-grade (purity 0.7) variants for food and beverage, cosmetics, and pharmaceutical applications as a clean-label alternative to synthetic dyes.
Quantifiable outcome
- Reduces methane emissions from cattle by more than 90%
- +6 more outcomes
Companies that use SeaStock
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
SeaStock technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
SeaStock partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor, core and major.
- JETRO / Hyogo Prefecture / Kobe CityminorSelected for Next Kitchen 2026 program in Kobe, Japan - a premier global food-tech mentoring and business-matching program to expand into Japanese market through tailored mentorship and business matching.
- Regis Resources Ltd (ASX: RRL)core12-month staged feasibility study exploring cultivation of Asparagopsis in mine pit water using underutilised mining infrastructure. Project aims to establish world's largest Asparagopsis production facility capable of supplying over 500,000 cattle per day and reducing 1.3 million tonnes CO2e annually.
- Flinders UniversitycoreMulti-year research collaboration for extraction of seaweed-based compounds and optimisation of commercial cultivation processes. Partnership has achieved major milestones in developing Asparagopsis lifecycle cultivation methods and bromoform extraction techniques.
- University of Western AustraliamajorCollaboration on extraction of red pigment from Asparagopsis seaweed. Joint work has achieved pharmaceutical-grade pigment purity and progressed toward analytical and pharmaceutical grade quality.
- Geraldton Fishermen's Co-opmajorMOU and lease agreement signed in 2022 to repurpose underutilised Co-op infrastructure for SeaStock's pilot plant and commercial expansion facilities.
- FutureFeed Pty LtdcoreSeaStock is Western Australia's first and only FutureFeed licensee, holding global IP rights for Asparagopsis-based methane reducing feed ingredients. First commercial supply order placed under MOU for concentrated Asparagopsis bioactive compounds.
- Founders FactoryminorAustralian accelerator/incubator that visited SeaStock HQ. Represents potential support for scaling and market expansion activities.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
SeaStock competitors and assessment
Company assessmentBroad incumbents
- AlgaEnergy: AlgaEnergy is a larger, established microalgae biotechnology company producing algae-based ingredients for agriculture, food, and cosmetics. While it focuses on different microalgae species, it is broadly comparable to SeaStock in commercializing bioactive compounds extracted from algae biomass into multiple industry verticals.
- dsm-firmenich: dsm-firmenich is a global nutrition, health, and beauty ingredients company with a strong animal nutrition and algae-derived ingredient portfolio (including algae-based DHA and Veramaris). It is comparable to SeaStock as a broad incumbent developing sustainable, science-backed bioactive ingredients for animal feed, food, and personal care.
- Elanco Animal Health: Elanco is a major global animal health company with a livestock nutrition and methane-reduction product portfolio. It represents a large incumbent in the same target market (beef/dairy methane reduction) that SeaStock's bromoform feed additive is addressing, and could be a potential acquirer or distribution partner.
- FutureFeed Pty Ltd: FutureFeed is the CSIRO-backed IP holder and licensor of Asparagopsis-based methane-reducing feed ingredients. It is both SeaStock's licensor and a key customer/distribution partner, and licenses a small global group of cultivators—making it a broad incumbent that anchors the entire competitive landscape SeaStock operates in.
- Corbion: Corbion is a global ingredient company producing algae-derived ingredients (including DHA/Omega-3 from algae) for food, animal nutrition, and personal care. It is comparable to SeaStock as a multi-product, multi-vertical algae/marine-ingredient platform with established B2B distribution.
- Ceva Animal Health: Ceva is a large global animal health and nutrition company offering feed additives and livestock health products. It is a broad incumbent comparable to SeaStock's bromoform feed additive line as a route-to-market for methane-reducing livestock solutions, though Ceva operates across a much broader animal health portfolio.
Direct peers
- CH4 Global: CH4 Global is a direct Asparagopsis cultivation and livestock feed additive competitor, producing methane-reducing Asparagopsis supplements for beef and dairy producers. It is one of the small set of FutureFeed licensees globally and competes head-to-head with SeaStock in the same Asparagopsis feed market.
- Blue Ocean Barns: Blue Ocean Barns is a Hawaii-based Asparagopsis cultivation and feed supplement company focused on reducing enteric methane from cattle. It is a FutureFeed licensee and competes directly with SeaStock in the Asparagopsis-based feed additive market.
- Symbrosia: Symbrosia cultivates Asparagopsis for livestock methane reduction and is a FutureFeed licensee, making it a direct peer to SeaStock in the seaweed-based feed additive category. It targets the same dairy and beef value chain and similar customers (food and agriculture enterprises).
Emerging players
- Heliae Development: Heliae Development is an algae biotechnology company focused on commercial cultivation of microalgae for nutrition, agriculture, and soil health applications. It is comparable to SeaStock as an emerging algae-cultivation platform extracting multiple high-value compounds, though it targets different microalgae species and end markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
SeaStock social profiles
Digital presenceSeaStock financial estimates
Financial estimateRevenue estimate
Valuation estimate
SeaStock leadership team
Management profileNumber of profiles
Profiles5 records
SeaStock funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SeaStock M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SeaStock
What does SeaStock do?
SeaStock cultivates native Asparagopsis seaweed at onshore facilities in Western Australia and uses a proprietary dual extraction method to produce a Bromoform Oil Concentrate (CHBr3) for use as a livestock feed additive that reduces cattle methane emissions, along with RUBY SEA™ R-phycoerythrin (R-PE) natural red pigment for food, cosmetic and pharmaceutical applications. Products are sold B2B in bulk concentrate form stabilized in canola oil.
Is SeaStock a public or private company?
SeaStock is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SeaStock founded?
SeaStock was founded in 2021. It employs 1 to 10 people.
Where is SeaStock based?
SeaStock is headquartered in Fremantle, Australia, in the Oceania region.
How does SeaStock make money?
Three revenue lines are on record. Bromoform Feed Additive Sales are the primary driver. The others are natural Red Pigment (R-PE) Sales and futureFeed Licensee Revenue.
Who are SeaStock's main competitors?
Broad incumbents on record are AlgaEnergy, dsm-firmenich, Elanco Animal Health, FutureFeed Pty Ltd, Corbion and Ceva Animal Health. Direct peers are CH4 Global, Blue Ocean Barns and Symbrosia. Heliae Development is listed as an emerging player.
Does SeaStock have an API?
No public API is recorded for SeaStock.
What industry is SeaStock in?
SeaStock's product category is Marine biotechnology and algae-derived bioactive compounds. Its primary akta.pro industry code is AFAEAAAE, Seaweed & Algae Aquaculture (incl. microalgae), with a secondary code of EUABAFAF, Ocean-Based Carbon Removal (Alkalinity Enhancement, Seaweed, Ocean Biomass Sinking). Its NAICS code is 1125 and its SIC code is 100.