Redrose Developments Ltd

Redrose offers a winning solution for many of the issues facing our beautiful blue planet, from CO2 absorption, ocean health, feeding a growing population, reducing antibiotics, replacing fossil-based polymers, reducing bovine methane emissions and so much more. Ocean farming is necessary as a future food source, seaweed offers so much more potential. Our systems increases the value and the volume of seaweed equitably and sustainably to meet growing needs for human, animal and planetary health.

The business model is made up of a flow of systems, all of which are B2B and add value at each stage, through partnership working.

B2B Equitable partnerships:

• Sale of liquid and solid seaweed outputs for multiple commercial applications

• Leasing Pre-seeded floating farms to fishers - to be moored at predetermined offshore sites
• Franchised processing units with shared profits processing cultivated and sustainable amounts of wild stock.
• Further extraction for higher value compounds from homogenized products from multiple processing units.
• Carbon credit validate by EIT ClimateKIC who are partners of Redrose
For each aspect of the business flow, the customer/partner/stakeholder would be different, early engagement has already taken place with the harvesters in Ireland who have legal rights under ‘heritage status’ to access seaweed. We have commitment in the form of LOI’s from six harvesters, who will earn a 10 fold increase in revenue. Early engagement with the fishing community has stimulated significant interest as we offer an additional income stream. The downstream products in the form of liquid and solid seaweed products would be sold to many sectors including food. Carbon credits will be certified and traded for carbon mitigation.

We have filed two patent applications in the UK and are currently reviewing the cost of securing additional patents.

There are two area of innovation and technology.
1) Modulated, pre-seeded, floating seaweed farms to increase the volume of biomass
2) Near shore processing systems that will increase the value of seaweed.
Firstly that of the towable floating farm which enables the fishing community to engage in ocean farming. A demonstration modulated unit is being trialed at a scale of 50% in Blacksod Bay, the unit which is known across the EU as a 'survival site'. This will test a number practical aspects of the unit including the materials, structure, required engine capacity, design, towability, the amount of detris sinking to deep ocean, the yield to seed ratio and the physical handling and skills.
The second element of the proposal has been tested at lab scale, there is much evidence supporting and validating the value of the compounds within a range of seaweeds. Our system has yet to be demonstrated as a complete flow in-situ. We have technical drawings, costings, engineers, science labs, harvester and even a licensed site ready. We are currently pitching for early stage funding to build the first prototype.

As market demands for seaweed increase and the pressure placed on seaweed harvesters and the ocean is clearly unsustainable. Over 90% of Irish seaweed sales coming from wild harvested stocks. Applications in many sectors, not lease the food and feed demands increase as populations rise and extreme conditions makes tradition food supply chains more challenging at a time when we need to increase food production by 70%. Global water shortages, land restrictions, focuses global attention towards ocean farming. We cannot rely on wild stock as fish and oceanic vegetation is under threat.
Redrose aims to provide solutions by creating a sustainable seaweed supply chain. Global seaweed sales forecast exceeds $9b by 2024. 77% of which is for human consumption this is almost $7b pa as demands for plant-based foods increase. Our systems address market access problems by supporting fishers to become ocean farmers. We address concerns around inequality in the supply chain value system. We use our innovative processing system that are owner-operated processing wet stock close to the shore retaining previously lost micronutrients and moisture. We create more product from less stock, by bringing the processing to the seaweed not the seaweed to the processing.