# Kelp Blue

15-year, 6,400-ha giant-kelp licence, >200 t harvested in 2025; an XPRIZE CDR finalist with an independent atdepth MRV methodology, targeting 30,000 t C/yr by 2025 and >1M t by 2050; planning the world's first commercial blue bond (N$1.4 bn on the Namibian Stock Exchange).

Source: https://en.bioecon.ru/companies/kelp-blue/
Updated: 2026-06-24

- Country: Netherlands

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Founded | 2020 (2020-01-01) | https://www.caplight.com/company/kelp-blue |
| Headquarters | Amsterdam, Netherlands (2026-08-31) | https://www.xprize.org/teams/6878-kelp-blue |
| Production site | Lüderitz, Namibia (2024-07-22) | https://www.namibian.com.na/kelp-blue-has-secured-a-15-year-commercial-licence-for-cultivating-giant-kelp-macrocystis-pyrifera-across-a-6-400-hectare-offshore-site-located-at-luderitz-in-the-kharas-region/ |
| Capacity | 7 million litres of biostimulants per annum target for 2026 (2026-08-31) | https://www.greentech.nl/news/seaweed-is-becoming-the-norm |
| Headcount | 53 to 92 employees in Namibia; 400 projected in Namibia by 2027 (2026-08-31) | https://www.namibian.com.na/kelp-blue-has-secured-a-15-year-commercial-licence-for-cultivating-giant-kelp-macrocystis-pyrifera-across-a-6-400-hectare-offshore-site-located-at-luderitz-in-the-kharas-region/ |
| Revenue | €3 million forecasted for 2026; €5 million targeted for 2027 (2026-07-16) | https://thebrief.com.na/2026/07/kelp-blue-plans-n280m-commercial-factory-as-production-outgrows-pilot-plant/ |
| Funding | $2 million total funding reported; plans for up to $80 million via blue bond program (2026-08-31) [medium confidence] | https://www.caplight.com/company/kelp-blue |
| Certification | ISO 9001, CE registration, and EcoCert certification (2026-08-31) | https://www.kelp.blue/us/articles/a-seaweed-solution-for-sustainable-agriculture, https://www.kelp.blue/us/kelp |
| Regulatory approval | 15-year commercial license for 6,400-hectare site in Namibia; Environmental Clearance Certificate; product approved in over 10 countries (2024-07-22) | https://www.namibian.com.na/kelp-blue-has-secured-a-15-year-commercial-licence-for-cultivating-giant-kelp-macrocystis-pyrifera-across-a-6-400-hectare-offshore-site-located-at-luderitz-in-the-kharas-region/ |

Independent sources: caplight.com, greentech.nl, namibian.com.na, thebrief.com.na, xprize.org

## Technologies

- [Algae & macroalgae (seaweed)](https://en.bioecon.ru/technology/algae-macroalgae-seaweed/)
- [Blue carbon](https://en.bioecon.ru/technology/blue-carbon/)