PORTLAND PRESS HERALD • October 3, 2022
A Saco seaweed company hopes to raise $3.5 million for production upgrades while entering a deal with a new customer, backed by celebrity Tom Colicchio. Last year, Atlantic Sea Farms raised $3.1 million in venture capital, which helped pay for the build-out of a 27,00-square-foot processing facility in Biddeford. The company offers a wide range of foodie products from Maine seaweed. The company started out as a mussel and kelp farm, Ocean Approved Inc. But since 2018, under the direction of CEO Briana Warner, Atlantic has expanded and now has 27 partner kelp farmers in the state, primarily lobster fishermen working in the off-season.