Nordic presence in Portugal

Seaweed Solutions (Seaweed Energy Solutions)

Seaweed Cultivation (Estoril)

Trondheim company Seaweed Solutions AS breeds seaweed and supplies seeded lines and seed cultures to seaweed farms and kelp-restoration projects. It has had a Portuguese branch in Estoril, Cascais, since at least 2011, registered as Seaweed Energy Solutions AS – Sucursal em Portugal (NIF 980447909). In January 2026 it agreed to merge with SeaForester, a kelp-forest restoration company working in Portugal and Norway, to form SeaForester Group.

HeadquartersBynesveien 50C, 7018 Trondheim, Norway — Seaweed Solutions AS, org. no. 993 491 780
Founded2 January 2009 (Norwegian business register)
Employees12 (Norwegian business register)
ActivitySeaweed breeding and seed supply: seeded lines and cultures for direct seeding (Saccharina, Alaria, Laminaria); R&D sea farms at Frøya
Portuguese entitySeaweed Energy Solutions AS – Sucursal em Portugal (permanent representation) — NIF 980447909 — Rua Melo e Sousa, Bloco 2, Loja 212, 2765-253 Estoril, Cascais
PT registrationCAE 03210, marine aquaculture; object: developing and producing bioenergy and other products from algae; balance sheets on file from 2011 to 2024
CorporateMerger with SeaForester agreed January 2026 to form SeaForester Group; WWF Ventures is an investor in both companies
DirectionNordics → Portugal

Corridor footprint

Seaweed Solutions AS (org. no. 993 491 780) was incorporated in Trondheim on 2 January 2009 and has 12 employees, according to the Norwegian business register, which lists its activity as aquaculture of kelp and seaweed. The company says it now works only on seaweed seeds and cultures. It sells seeded lines ready for sea farms and seed cultures for direct seeding, in the species Saccharina, Alaria and Laminaria, and runs its own R&D sea farms at Frøya. It says it has delivered more than one million metres of seeded line and has run cultivation research in nine countries. Its chief executive is Jon Funderud.

The Portuguese branch, Seaweed Energy Solutions AS – Sucursal em Portugal (NIF 980447909), still carries the company’s earlier name. It is a permanent representation registered at Rua Melo e Sousa, Bloco 2, Loja 212, in Estoril, Cascais. Its business code is CAE 03210, marine aquaculture, and its registered object is the development and production of bioenergy and other products from algae. Racius shows balance sheets filed from 2011 to 2024, so the branch has been in place for well over a decade.

Why this matters for the corridor

The January 2026 merger made the Portugal link far more than a registered branch. SeaForester, which restores kelp forests in Portugal and Norway, and Seaweed Solutions signed a definitive agreement to combine as SeaForester Group, with three business lines: seeds and genetics, restoration, and regenerative biomass. The group said its restoration permits target 10,000 hectares, and it launched a capital raise alongside the deal. SeaForester’s chief executive Pål Bakken said the aim was to restore lost kelp forests and build up biomass production at scale. WWF Ventures, an investor in both companies, backed the combination. For Portugal’s blue economy, a Norwegian seed and genetics supplier is now part of the same group as a Portuguese-rooted restoration company.

Recent activity

On 9 January 2026 SeaForester and Seaweed Solutions announced their merger into SeaForester Group and the start of a capital raise, as reported by The Fish Site and WeAreAquaculture.

Sources: Brønnøysund Register Centre (incorporation, address, employees, activity); seaweedsolutions.com and About (products, species, Frøya farms, CEO); The Fish Site and WeAreAquaculture, 9 January 2026 (merger, business lines, quotes); nif.pt and Racius (NIF, address, CAE, object, filings). Fetched 26 October 2026.

Know this company? If you work at Seaweed Solutions (Seaweed Energy Solutions) or have verified information about its corridor activity, email miguel@fractio.se and we’ll update this page.

Status: Compiled from public sources · Last verified: · Update this profile

Update this profile

Work at Seaweed Solutions (Seaweed Energy Solutions)? Send corrections or additions. Every update is checked before it is published; submissions are reviewed within a few working days.

Thinking about entering Portugal?

Fractio helps Nordic companies enter the Portuguese market — from market sizing to first sales, hiring, and legal setup.

Talk to Fractio →