Tidal Vision Secures $140M in Series B Funding for Global Chitosan Expansion
On February 5, 2025, Tidal Vision, a pioneering biotechnology firm based in Bellingham, Washington, announced the closure of an impressive $140 million Series B financing round. This funding round, which surpassed its original target, attracted interest from strategically aligned investors, including prominent players such as Cambridge Companies SPG, Eni Next, and Milliken Company.
With this substantial financial backing, Tidal Vision will accelerate its growth and enhance the performance and affordability of its chitosan-based solutions. The funding will specifically enable the company to expand its production capacities and devote more resources to research and development. Plans are underway to build new facilities in Europe, Texas, and Ohio, strategically enhancing Tidal Vision's global presence.
The company is not only focused on increasing production but also aims to bolster its rich intellectual property portfolio through intensified research and development efforts. This move is expected to make chitosan technologies more accessible, thereby benefiting customers across various industries prone to dependency on sustainable materials for critical applications such as water treatment, agriculture, and materials science.
Craig Kasberg, the CEO of Tidal Vision, expressed his enthusiasm for the support from these strategically aligned investors. He stated, "We are thrilled to have these capital partners onboard, significantly advancing our mission. Our prior achievements have shown that our biomolecular solutions can surpass competing options in the market. Now, we are focused on developing infrastructure that will enable us to better serve industries essential for everyday needs, including clean water and agricultural production."
Filipp Chebotarev, Managing Partner and Chief Operating Officer at Cambridge Companies SPG, also spoke highly of Tidal Vision, calling it the leader in chitosan extraction, modification, and commercial applications. He indicated that this funding will facilitate Tidal Vision's efforts in applying its groundbreaking technologies across various sectors, potentially leading to substantial advancements in those industries.
Tidal Vision's core mission revolves around generating positive environmental impacts through scalable biomolecular solutions. As a global leader, the firm is committed to making chitosan-based technologies more economically viable and easier to implement. By encouraging industry leaders to collaborate in developing sustainable practices, Tidal Vision envisions a future with a significant and positive systemic environmental impact.
The implications of this funding round extend beyond financial gain; it marks a crucial step towards a sustainable future where innovative, chitosan-based technologies play a key role in addressing pressing global challenges. Tidal Vision invites other industry frontrunners to join in this mission, collectively striving for positive environmental change and sustainable development worldwide. Learn more about Tidal Vision and their commitment to chitosan technologies by visiting their official website at www.TidalVision.com or by connecting on LinkedIn.