Vetik

During our team’s time on Saaremaa, we Aneth, Anton, Krista, Jana, and Indrek visited one of the participants in our Deeptech Batch, the startup Vetik. The friendly founder, Tanel Ilmjärv, gave us a tour of their laboratory and the facilities where their work is carried out. Wanna know cool facts? 💡 Vetik is developing biostimulants from local red seaweed (Furcellaria lumbricalis) for agriculture to enhance plant growth in a sustainable way. 💡 Their advanced process allows for the simultaneous extraction of plant biostimulants for agriculture, red pigments for cosmetics, food, and textiles, as well as cellulose biomass with gelling properties for bioplastics, biofertilizers, animal feed, and much more. 💡 Vetik has an exclusive license to harvest large stocks of red seaweed, Furcellaria lumbricalis, in Estonian waters. Thanks to Tanel, Valmar, Arvi, Toonika for showing us a glimpse of your everyday job! 👏 We enjoy visiting the labs & productions of our portfolio startups because is shows us the real work being done, without the formalities of a conference room. We sincerely wish you all the best & much success! We are glad that Vetik chose Beamline Accelerator as their development partner and took advantage of the opportunity to participate in our special Deeptech Batch! 🧫 Also, a reminder that the application round for the Energy Program is now open. The content of the program is similar to the Deeptech Program but specifically targets Energy, Construction, and Climate Resilience startups.  You can apply via the link in the first comment 👇

Tanel had the exciting opportunity to attend the Seagriculture Conference 2024 event in the Faroe Islands. The event was a fantastic chance to witness firsthand the local cultivation of brown seaweeds by the team at Ocean Rainforest. This two-day event shed light on the possibilities and challenges of seaweed cultivation in colder climates. While there is still much progress to be made before we can achieve similarly impressive results in the Baltic Sea basin, the presentations were incredibly inspiring! It was also nice to meet again with Dagbjorn Skipnes and Mari Lyyra, who are working with us on our EU project, AlgaeProBANOS. This trip was made possible thanks to the ongoing support from the Estonian clean-tech-focused Beamline Accelerator.

Tanel Ilmjärv oli hiljuti külaliseks Äripäeva raadios, kus ta tutvustas Tarmo Virkile ja kuulajatele vetikate maailma ning selle probleeme nii Eestis kui ka mujal. Vestluses käsitleti vetikate kasutusvõimalusi, startupi arendust teadusprojektide abil, kiirendeid nagu Beamline ja investorite kaasamist. Saade on järelkuulatav: https://lnkd.in/diHZcAPB

Haven’t seen so many ocean & waters restoring enthusiast in our region before. #MissionArena2 in Riga brought together 239 participant from 19 countries. Really happy we could join and share our ideas and visions. #bluemissionbanos

Last week, we had the privilege of participating in the AlgaeProBANOS project meeting in Copenhagen. 🌍 Our gratitude goes out to our 25 dedicated partners who are helping us develop groundbreaking products and getting closer to market. 🚀 #AlgaeProBanos #SustainableInnovation #AlgaeResearch #GreenTech

We are excited to announce that Vetik has been selected for Beamline Accelerator DeepTech program & equity-free grant. This support helps us to develop our technology and business further and give our contribution to greener and more sustainable future!