How marine algae can help droughtproof agriculture

Graeme Barnett, Managing Director & CEO of Qponics speaks about their innovative marine microalgae solution, how it can help droughtproof agriculture and become a major player in the future of protein production. Qponics is now seeking a $1m bridging round to scale the co-production of protein-rich food ingredients and high-value oils.^

Qponics successfully developed a pilot farm in Brisbane, and now has plans to build a complex of six farms, each 100 hectares in size at South Ballina, in NSW, a region deemed the “Goldilocks zone”, for marine microalgae farming in Australia.

The Queensland agritech company is currently seeking investment for a $1 million bridging round to help scale sustainable oil and protein production. It’s an exciting opportunity for impact investors and those with networks in food, beverage, pharmaceutical, or nutraceutical manufacturing and distribution in Australia, Asia, USA or Europe.

Our grow^AG. contributor Judy Kennedy caught up with Graeme, to learn more about Qponics, their mission to accelerate the transition to droughtproof agriculture, and how the marine microalgae industry could become a major player in the future of protein production. Visit growag.com to read the story, and learn more about this opportunity, here.

 
*Episode correction notes

Graeme made two references throughout the podcast, he wanted to clarify. He talks about ESG (environmental, social, and governance) at 14.49mins and says “economic” instead of “environmental”. He also notes at 24mins, he says "TGA" instead of "FDA".

^{^This investment opportunity is only for professional and sophisticated investors as defined in the Corporations Act 2001 (Cth). The content of this opportunity is intended for use by persons having professional experience in matters relating to investments and must not be acted or relied upon by any other person including, without limitation, retail clients.}