Tasmanian environmental tech company Sea Forest has won the food & agriculture category at the InnovationAus 2021 Awards for Excellence for its work to address two of the biggest challenges of our time.
The InnovationAus 2021 Awards for Excellence were presented on Wednesday night at a gala black-tie dinner at the Overseas Passenger Terminal in Sydney.
Tasmanian company Sea Forest Limited took out the food & agriculture category at the awards. Sea Forest focuses on the sustainable cultivation of Asparagopsis seaweed, producing a feed supplement for livestock which greatly reduces the production of methane.
The company is addressing two significant challenges of our time: climate change and food shortages.
Sea Forest is the first and largest supplier of these products in the world, and is using science and technology to pioneer the development of a new, environmentally-positive industry for Australia.
Tasmanian advanced manufacturing firm Marinova, which specialises in the development and production of high purity seaweed extract and Queensland plant-based meat products firm Fenn Foods were the other finalists in the food & agriculture category.
Food and agriculture is one of Australia’s most promising innovative sectors of the economy, and there is a rapidly growing startup ecosystem emerging around it.
The sector is rife with disruption, from the adoption of advanced technological processes, high-tech sensor devices, farm-based robotics and automation to at-scale production of plant-based meat and other protein products.
This growth has driven profitability and sustainability in the wider food production sector of Australia, and increased the potential for foreign investment and economic growth.
The sector has also been included as one of the key sectors in the federal government’s Modern Manufacturing Strategy.
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