Tidal Vision Secures $140M to Revolutionize Green Chemistry with Crab Shell Recycling
Tidal Vision, a sustainable green chemistry leader, has raised $140 million in Series B funding. The investment will drive the company’s mission to turn discarded crab shells into eco-friendly industrial chemicals. CEO and co-founder Craig Kasberg confirmed the funding in an interview with a popular agency.
From Crab Shells to Chitosan: A Zero-Waste Solution
The Bellingham, Washington-based company employs a zero-waste, environmentally friendly process to produce chitosan, a versatile green chemical. Chitosan is derived from crab shells and is used in a wide range of industries, including:
- Water purification systems
- Produce preservation
- Plant growth promotion
- Flame retardants for fabrics
- Pharmaceuticals and cosmetics
By replacing toxic chemicals, metals, and petroleum-based products, Tidal Vision’s innovations offer safer, more sustainable industrial solutions.
A Fisherman-Turned-Founder with a Vision for Sustainability
Craig Kasberg began his career as a commercial fisherman in his teens and later captained his own fishing boat. Witnessing the seafood industry’s waste firsthand, he founded Tidal Vision in 2015 alongside Chief Strategy Officer Zach Wilkinson. The company’s mission is to upcycle seafood byproducts into valuable, eco-friendly products.
Expanding Operations and Innovative Products
Tidal Vision has grown significantly, now employing 287 people. The company has broadened its product range and expanded its footprint with operations in South Carolina and a new production facility in Texas. The Texas plant, part of the Tidal Grow Agriscience division, will produce liquid fertilizers and support regenerative agriculture efforts.
In 2023, Tidal Vision further strengthened its capabilities by acquiring Clear Water Services, an Everett, Washington-based company specializing in water cleaning devices and services.
Funding to Accelerate Growth and Innovation
The recent $140 million Series B funding round includes approximately half of the $46.7 million in funding reported by news publications in May 2024. The remaining portion reflects the conversion of previously issued notes into equity. This fresh investment positions Tidal Vision to scale its green chemical production and continue its journey toward sustainability.
Learn more about Tidal Vision’s revolutionary approach to green chemistry on their official website.