OCEANIX Series A Tourism And we’re in the business

And we’re in the business of making seaweeds - or

Growth Blue targets standard PE returns (above 3

Land scarcity in coastal cities is driving up costs and creating a housing crunch

ships are coated with either toxic biocides

OCEANIX Series A Tourism And we’re in the businessThe ocean is under threat from land reclamation. Land scarcity in coastal cities is driving up costs and creating a housing crunch. Cities are out of options as demand explodes to 2. 5 trillion square feet of new buildings by 2060 and resort to land reclamation to create new space. Reclamation permanently destroys millions of hectares of the ocean and precious marine ecosystems. Over 1,120 sq km (277,000 acres) per year were reclaimed in the last 30