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Tidal Vision-a biotechnology leader known for ground-breaking chitosan-based applications-is pleased to announce the closure of a USD 140 M Series B investment round. Significant funding is always a testament of growing confidence into Tidal Vision’s mission- to transform those critical industries toward an ecofriendly, high-performing biomolecular technologies.
The oversubscribed Series B round was led by Cambridge Companies SPG, reflecting strong investor enthusiasm for Tidal Vision’s vision and achievements. Notable participants in this round include Eni Next, the corporate venture arm of Eni S.p.A; Milliken & Company; KIRKBI Climate; Convent Capital; SWEN Capital Partners’ Blue Ocean Fund; MBX Capital; and Oman Investment Authority’s IDO Investments. The diverse array of investors highlights the broad appeal and potential impact of Tidal Vision’s sustainable innovations.
Founded in 2015, Tidal Vision has rapidly emerged as a leader in the field of sustainable chemistry. The company specializes in developing scalable, chitosan-based solutions that address pressing environmental challenges across multiple sectors, including water treatment, agriculture, and material science.
By harnessing the unique properties of chitosan—a natural polymer derived from crustacean shells—Tidal Vision creates high-performance, eco-friendly alternatives to traditional chemical products.
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Founders and Leadership
At the helm of Tidal Vision is co-founder and CEO Craig Kasberg, a former Alaska fishing boat captain who transitioned from the maritime industry to sustainable technology entrepreneurship. His firsthand experience with marine ecosystems inspired a commitment to environmental stewardship and innovative resource utilization.
Alongside Kasberg is co-founder and Chief Strategy Officer Zach Wilkinson, whose strategic insights have been instrumental in guiding the company’s growth and market penetration.
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Innovative Chitosan-Based Solutions
Tidal Vision’s core technology revolves around the extraction and modification of chitosan, a biopolymer obtained from the exoskeletons of crustaceans such as crabs and shrimp. Chitosan is renowned for its biodegradability, non-toxicity, and versatile chemical properties, making it an ideal candidate for various applications:
- Water Treatment: Tidal Vision has developed chitosan-based flocculants and coagulants that effectively remove contaminants from wastewater. These environmentally friendly alternatives far surpass traditional chemical treatments, enhancing performance while limiting environmental impact.
- Agriculture: The chitosan formulations of Tidal Vision also act as biostimulants and natural plant protectants in the field of agriculture. They enhance growth, increase the resistance of crops to diseases, and decrease synthetic pesticides and chemical fertilizers thereby making farming activities more sustainable.
- Material Science: The company’s chitosan-based additives are utilized in textiles and other materials to impart antimicrobial properties, improve durability, and enhance environmental friendliness. These innovations cater to the growing demand for sustainable materials in various industries.
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Strategic Expansion and Future Plans
Tidal Vision, with the investment of $140 million in its Series B round, is going to scale operations significantly and spread its reach across a larger section of the global population. Tidal Vision has plans to install new infrastructure in Europe, Texas, and Ohio, thereby scaling up its production capacity and thereby its ability to cater to customers all over the world.
It aims to scale up to increase its reach towards meeting the rapidly growing demand for sustainable chitosan-based solutions across various sectors.
In addition to scaling production, Tidal Vision is focused on accelerating its research and development efforts. The company will invest in advancing chitosan technologies and exploring adjacent innovations, thereby enriching its intellectual property portfolio and maintaining a competitive edge in the market. By bolstering its R&D efforts, Tidal Vision aims to continuously enhance the performance, economics, and ease of adoption of its sustainable solutions.
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Industry Impact and Vision
Tidal Vision’s innovative approach addresses critical environmental challenges by providing sustainable alternatives to traditional chemical products. By leveraging chitosan—a renewable and biodegradable resource—the company offers solutions that not only match but often surpass the performance of conventional chemicals, all while minimizing ecological footprints.
The successful completion of the $140 million Series B funding round signifies a strong endorsement of Tidal Vision’s mission and technological advancements. With the support of strategically aligned investors, the company is well-positioned to accelerate the adoption of its chitosan-based solutions on a global scale, driving positive change across multiple industries.
As Tidal Vision embarks on this next phase of growth, it remains steadfast in its commitment to environmental stewardship and innovation. By transforming natural resources into high-performance, sustainable solutions, the company exemplifies the potential of biotechnology to address some of the most pressing challenges of our time.