Fremantle Seaweed Pty Ltd | Equity Crowdfunding
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Fremantle Seaweed is on a mission to help Australia’s cattle farmers become climate heroes. We cultivate the native red seaweed, Asparagopsis, in Western Australia’s pristine ocean waters and process it into a feed additive that can reduce methane emissions from cattle by over 80%.
Methane is over 28 times more potent than CO₂, and livestock emissions make up 5% of global greenhouse gases - more than aviation, shipping, and rail combined. Our ocean-grown approach offers a lower-cost, scalable alternative to onshore systems, harnessing nature to solve agriculture’s biggest emissions challenge.
We grow Asparagopsis seaweed offshore, where it naturally thrives, then process it into a premium, freeze-dried feed additive for cattle. Our ocean-based model is less capital-intensive than onshore tanks or ponds, requires fewer inputs, and reduces contamination risks.
By working in harmony with the ocean, we’re building a sustainable supply chain that supports farmers, delivers measurable emissions reductions, and positions Western Australia as a leader in the global seaweed industry.
The global market for Asparagopsis feed additives is estimated at $37.44B, driven by rising demand for methane reduction in cattle. In Australia alone, the addressable market is $510.49M, with strong adoption potential as exporters, supermarkets, and financiers push for carbon-neutral supply chains.
Consumers are ready with 26% already choosing sustainable beef, and many are willing to pay more for low-emissions products. With limited supply available, Fremantle Seaweed is positioned to fill a critical gap in a rapidly expanding sector.
Our fully ocean-based model mirrors the way 98% of the world’s seaweed is grown — reducing costs, inputs, and environmental footprint compared to onshore production. We are the only Australian producer cultivating both Asparagopsis taxiformis and Asparagopsis armata in one location, enabling yearround production.
With proven cultivation methods, unmatched coastal access, and strong industry partnerships, Fremantle Seaweed is positioned to lead the Australian Asparagopsis sector at commercial scale.
By investing in Fremantle Seaweed, you can unlock exclusive investor rewards alongside your shares:
For more detailed information, please read the Capital Structure section of the offer document.
For more information, please read the Use of Funds section of the offer document.
Fremantle Seaweed is pioneering ocean-grown Asparagopsis seaweed to help cattle farmers cut methane emissions by over 80%. As with any growth business, an investment in the Company should be seen as high-risk and speculative. A description of the main risks that may impact their business are listed in the offer document. Investors should read this section carefully before deciding to apply for shares under the Offer. There are also other, more general, risks associated with the Company (for example, health and safety, enironmental impact, quality, toxicology, carbon regulatory risk, cash flow and funding, or the inability to sell their shares). See the Risk section in the Offer Document for further information.
The Offer is subject to a Maximum Subscription amount of $4,999,997.12. If the Maximum Subscription is reached, the Offer will close early. Applications will be treated on a time priority basis and may be subject to scale back, so please fund your application as soon as possible.
RISK WARNING: Crowd-sourced funding is risky. Issuers using this facility include new or rapidly growing ventures. Investment in these types of ventures is speculative and carries high risks. You may lose your entire investment, and you should be in a position to bear this risk without undue hardship. Even if the company is successful, the value of your investment and any return on the investment could be reduced if the company issues more shares. Your investment is unlikely to be liquid. This means you are unlikely to be able to sell your shares quickly or at all if you need the money or decide that this investment is not right for you.
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ONMARKET FEES: Upon successful completion of the Offer, a maximum fee of 6.5% of the funds raised will be paid to OnMarket by the Company.
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Section 734(6) disclosure: The issuer of the securities is Fremantle Seaweed Pty Ltd ACN 644 635 996. The securities to be issued are fully-paid ordinary shares. The disclosure document for the offer can be obtained by clicking on the link above. The offers of the securities are made in, or accompanied by, a copy of the disclosure document. Investors should consider the disclosure document in deciding whether to acquire the securities. Anyone who wants to acquire the securities will need to complete the application form that will be in or will accompany the disclosure document (which can be done via the electronic application form which will become available by clicking the bid button above)
Question time
We'd love to answer your questions, we'll have one of the OnMarket team or the company representative of the offer get back to you asap. So ask away ...
Hi, is this open to buy yet?
Brendan D (OnMarket member) on 25/09/2025Hi Brendan, yes we are open! Let us know if you have ny specific questions about our company.
Chris De C (Fremantle Seaweed Pty Ltd representative) replied to Brendan D on 25/09/2025Kind regards,
Chris de Cuyper
Hi, is there AN ASX code
Grant G (OnMarket member) on 26/09/2025Hi Grant,
Chris De C (Fremantle Seaweed Pty Ltd representative) replied to Grant G on 26/09/2025We are not an ASX listed company. This CSF raise enables retail investors to invest in private (Pty Ltd) companies such as Fremantle Seaweed.
See details here: https://www.onmarket.com.au/help-faq/what-is-equity-crowdfunding/what-is-equity-crowdfunding-crowd-sourced-funding/
Kind regards,
Chris de Cuyper
In the risk section - FutureFeed owns the right to market - the mitigation says there is a cooperation agreement but not a commercial agreement. To your knowledge, has FutureFeed granted a commercial license to Freemantle's competitors? What are the reasons that they would not grant a license? Do they get a "clip of the ticket" as being the owner of the right to market?
mary sue r (OnMarket member) on 26/09/2025And is there any other IP that is owned by Freemantle - such as method of growing, processing etc.
Hi Mary Sue,
Chris De C (Fremantle Seaweed Pty Ltd representative) replied to mary sue r on 26/09/2025FutureFeed owns the global IP to feed Asparagopsis to cattle, and to sell Asparagopsis to cattle, Fremantle Seaweed will need to become a licensee (under a licensee agreement). We have a cooperation agreement with FutureFeed which is similar to an MoU, and enables us to complete a commercial feedlot trial to progress to a full licensee agreement. It's a bit of the process but the intent is to show that we can supply to the customer, complete our product formulation (as per the 6mg/g of bromoform required by FutureFeed) and dose the supplement correctly. Once we have completed the commercial feedlot trial we will move to a commercial licensee agreement.
FutureFeed have granted 9 licenses to Asparagopsis cultivation companies: https://www.future-feed.com/industrypartners and it is their best interest to grant further licenses to proponents who can show they can complete the steps required for a successful feedlot trial.
FutureFeed have a royalty model that means they take a small percentage of revenue from licensees.
We have some details of our IP strategy in the offer document. Due to the current early stages of Asparagopsis cultivation, there are significant unknown opportunities. We have identified the following key areas for IP Commercialisation Opportunities:
Hatchery and Nursery:
the protocols to produce consistent seeded substrate with a high survivability rate have been developed by the Australian Sustainable Seaweed Alliance (ASSA) with the open-sourced National Hatchery Network Manual released early June 2025. This provides instruction for FS to develop our own capability and skills (people) and a starting point to develop our own hatchery and nursery protocols to produce higher yielding seeded substrate. Any IP developed will owned by FS.
Asparagopsis strain yields: like terrestrial crops, high performing seaweed strains can be identified and protected. The protocols to develop these strains is related to the Hatchery and Nursery IP.
Marine operations: the ability to efficiently seed and harvest Asparagopsis seaweed on aquaculture equipment will be under constant development over the coming years. FS is well positioned to develop equipment designs that target Asparagopsis growth.
Vessel capabilities: to grow at scale, modern vessels with on deck machines and automation will be designed and built to reduce the human resources required for aquaculture operations.
I'll respond to your email too!
Kind regards,
Chris de Cuyper
Hi,
Brandon P (OnMarket member) on 02/10/2025Wondering what the process is for getting a ROI for investing? Is the plan to take the company public at some stage at this share price? Or will shareholders be rewarded some other way?
Thanks
Hi Brandon,
Mayleah H (Fremantle Seaweed Pty Ltd representative) replied to Brandon P on 02/10/2025Fremantle Seaweed doesn't have any immediate plans for an exit or a liquidity event but this is an aim over the medium/long term event if we are able to achieve our goals.
There is no guarantee that an exit event will occur but, if it does, it could be in the form of a:
- trade purchase of Fremantle Seaweed
- listing on the ASX or other stock exchange;
- private equity investment in Fremantle Seaweed; or
- a share buy-back by Fremantle Seaweed.
Additionally, a return could potentially come from the pay out of dividends if and when we achieve profitability (although note that a decision to pay dividends is subject to the directors discretion and obligations under the Corporations Act). All shareholders have a right to receive any dividends declared and paid by Fremantle Seaweed.
You can read more about the exit opportunities and rights associated with shares in section 2.5.10 and 3.3 of the Offer Document respectively.
Kind regards,
May
Email me more information please.b
Brian H (OnMarket member) on 07/10/2025Hi Brian,
Mayleah H (Fremantle Seaweed Pty Ltd representative) replied to Brian H on 08/10/2025You can access information about the offer by signing up to OnMarket and downloading the Offer Document and Fremantle Seaweed Constitution under the Offer Documents tab here: https://www.onmarket.com.au/offers/fremantle-seaweed
We also recently hosted a webinar about the business. You can access the recording here: https://www.youtube.com/watch?v=wwNQWSXnj3I
If you have any further questions, please feel free to get in touch with us at info@fremantleseaweed.com and we can arrange a call.
Kind regards,
May
1. What are the prospects for the generation of ACCUs for growing asparagopsis seaweed - have there been any preliminary discussion on this with CER? Are there are carbon credits issued elsewhere in the world for similar activities?
Ryan O (OnMarket member) on 08/10/20252. What climate modelling have you undertaken for the proposed growing areas and have the climate risks been quantified? What are the expected impacts on asparagopsis production from cyclones and marine heat waves under projected warming scenarios?
Hi Ryan,
Mayleah H (Fremantle Seaweed Pty Ltd representative) replied to Ryan O on 09/10/2025An ACCU methodology for feeding Asparagopsis seaweed to cattle went before the Emissions Reduction Assurance Committee (ERAC) last year. ERAC is responsible fore selecting methodologies for further development. Its response to the was the support the development in future rounds noting that it was a well developed concept with convincing evidence that the methodology could be deployed at scale. However, the activity is new therefore not captured under Australia's National Greenhouse Accounts (noting it does not meet eligible carbon abatement offsets integrity standards). These reporting approaches need to be updated. We are monitoring and engaging with the next round of developments.
There are two voluntary carbon credit methodologies for Asparagopsis available through Verra & Gold Standard.
In terms of climate risks, we are monitoring cyclone, marine heatwave and other risks to our current pilot site and assessing impacts of these risks on our proposed expansion site. We're monitoring latest climate science development and aim to incorporate the best evidence into our farming decisions.
Kind regards,
May
Written steps-to-license and royalty bands. Royalty term sheet (rate band, floors/caps, minimum annuals, geography, exclusivity, termination).Royalty as % of ASP (modeled on our ASP/A$ per cow/day).
Pranav N (OnMarket member) on 19/10/2025if CH4/SeaForest keep dropping cost and push price, margin shrinks unless FSs ocean model hits real cost leadership> Pls comment. Can we do side letter tie cheque to milestones (escrow or side letter): (1) license executed, (2) hatchery commissioned on time/budget, (3) first paid shipment.Offtake LOIs that include: price/day/cow, volume/headcount, start month, penalties for non-delivery (even if conditional on license).Supermarket/processor letters for Scope-3 low-methane premiums.COGS breakdown per kg (farming, harvest, processing, freeze-dry, QA, logistics, royalty).Yield pack: seeding density, survival %, harvest cycle days, kg/ha/harvest, biofouling loss %, downtime.Spec compliance: third-party bromoform assay (ISO/ILAC lab) meeting 6 mg/g requirement; shelf-life and potency-decay curve.Signed trial protocol with Pardoo/Kylagh: endpoints (methane cut, feed-efficiency), sample sizes, vet oversight, assay methods, who pays.Backup site & supplier plan (what if pilot site suffers cyclone/heatwave/bloom). draft Project Design Document, MRV plan, named verifiers engagement letter, issuance timeline Gantt.> for carbon. Hatchery/processing BoQ & timelines with fixed-price contractor quotes and LDs (liquidated damages) for delays.Critical spares & vendor SLAs for freeze-dryers, pumps, lab equipment.
Insurance certificates: cyclone, marine heatwave business interruption, product liability, environmental.Biosecurity & contamination SOPs + external audit letter.1218 month cashflow at min-raise and max-raise, showing: runway months, trial costs, contingency, date when next equity is needed.Grant papers (A$4m awarded, A$3m matched): milestones, drawdown cadence, covenants.Bridge options (convertible cap, discount, MFN) pre-agreed to reduce down-round risk.Pro-rata rights for existing investors; pre-emption on new issues; no surprise prefs senior to ordinary without a vote?Milestone-linked warrants to compensate delay risk (e.g., if license not signed by Date X investors get Y extra shares).Monthly KPI pack covenant (yield, kg/ha, COGS/kg, spec pass-rate, ASP, headcount under contract, cash runway).
?icense & Royalty
Please share the FutureFeed milestone checklist with target dates and who signs each step, plus a royalty term sheet (rate band, minimums, geography, exclusivity, termination). Can we add a side letter that confirms the commercial license upon hitting named trial endpoints?
Revenue & Buyers
Please provide two offtake LOIs with price/day/cow, volume (headcount), start month, and penalties for non-delivery (conditional on license). Also any letters from processors/retailers confirming Scope-3 premiums for low-methane beef.
Unit Economics & Spec
Kindly share the per-kg COGS breakdown (farmQAlogisticsroyalty), yield metrics (seeding density, survival %, kg/ha/harvest, biofouling loss), third-party bromoform assay results, and shelf-life/potency-decay curves.
Trial & Timing
Please send the signed trial protocol (endpoints, sample sizes, assay methods, vet oversight) and the backup site/supplier plan if the pilot site is disrupted.
Carbon Readiness
Please share the draft Verra/GS PDD, MRV plan, verifier engagement letter, and any forward credit buyer intents with price ranges.
Capex & Insurance
Please provide fixed-price supplier contracts with LDs, critical spares/SLAs, plus insurance certificates for business interruption (cyclone/heatwave), product liability, and environmental.
Runway & Dilution
Please send the 18-month cashflow at min/max raise, grant drawdown schedule, and proposed bridge terms to reduce future dilution.
Protections & Reporting
We request pro-rata rights, pre-emption on issues, milestone-linked warrants for license delays, and a monthly KPI reporting covenant.
?
Hope this interaction has added value. These factors help us rerate up to your asking price.
When will my investment be acknowledged with share certificate and confirmation of your plans moving forward?
Fiona M (OnMarket member) on 22/10/2025Please sign in to post a question