- $100B global market: Agricultural plastics represent a $100 billion industry, with 70% of food-related plastic waste originating from farms.
- $25K grant impact: Shift's unrestricted grant to PhyCo enables critical scaling and community partnerships.
- 70% farm-based waste: Majority of food-related plastic pollution comes from agricultural use.
Experts would likely conclude that PhyCo’s seaweed-based bioplastic offers a scalable, sustainable solution to agriculture’s plastic crisis, with strategic funding accelerating its real-world adoption.
Beyond the Browser: How Seaweed is Tackling Agriculture's $100B Plastic Problem
VICTORIA, BC – August 06, 2026
In the world of corporate finance, a $25,000 grant is often a rounding error, a footnote in a quarterly report. But when the grantor is a carbon-neutral browser company and the recipient is a biotech startup turning seaweed into plastic, it signals a deeper shift in how we value and fund industrial transformation. Shift, the B Corp-certified company behind the customizable browser, has awarded its second annual Impact Grant to PhyCo, a female-founded firm poised to disrupt agriculture's massive, and largely invisible, plastics dependency. This isn't just a feel-good story; it’s a look at the future of supply chains, impact investing, and the tangible economics of sustainability.
The Farm's Hidden Plastic Footprint
When consumers think about plastic in the food system, they picture shrink-wrapped cucumbers and clamshell containers in the grocery aisle. The reality is far more extensive. An estimated 70% of the plastic waste tied to our food originates not in our kitchens, but on the farms themselves. This constitutes a staggering $100 billion global market for agricultural plastics—materials like the vast sheets of mulch film that cover fields to suppress weeds, conserve water, and protect crops.
These petroleum-based films are a cornerstone of modern, large-scale agriculture, but they represent a significant environmental liability. Once used, the thin plastic is often contaminated with soil and plant matter, making collection difficult and recycling economically unviable. The result is a downstream crisis: plastic fragments pollute soil, leach harmful chemicals into waterways, and contribute to the microplastic contamination that pervades our ecosystems. For years, this has been accepted as a necessary cost of doing business, a trade-off for productivity. But the long-term cost to soil health and environmental integrity is coming due, creating a powerful market demand for a viable alternative.
This is the complex, unglamorous problem that PhyCo has set out to solve. The Vancouver-based company is developing a soil-biodegradable, non-toxic, and petroleum-free alternative from one of the planet's most sustainable resources: seaweed.
From a Kitchen Table to a Global Pilot
PhyCo’s origin story is a classic tale of innovation born from observation. In 2016, marine biologist Ranah Chavoshi photographed a coastline near a world-renowned diving destination, shocked by the sheer volume of plastic pollution. That image became the catalyst for a mission. Years later, during a COVID-19 lab shutdown, she began experimenting with seaweed bioplastics at her kitchen table. Chavoshi soon partnered with biotechnologist Dr. Stacey Goldberg, and the kitchen experiment evolved into PhyCo Technologies.
"Most people think food-related plastic starts at the grocery store, but much of it is used on farms long before food reaches the shelf," said Ranah Chavoshi, co-founder and CEO of PhyCo. "We started PhyCo to develop a soil-biodegradable, non-toxic and petroleum-free alternative from seaweed, working in partnership with Indigenous communities."
The company’s approach is twofold. First, the product itself is designed to be home-compostable, breaking down into healthy biomass that enriches the soil rather than contaminating it. This closes the loop, turning a waste product into a valuable agricultural input. Second, PhyCo is building its supply chain with intention, partnering with small-scale seaweed farmers in Indigenous and other coastal communities across Canada. This model not only ensures a responsible source of raw material but also creates economic opportunities and fosters a more equitable, localized bio-economy.
The $25,000 grant from Shift comes at a pivotal moment. PhyCo recently completed the first phase of an international, production-scale pilot in Portugal. The pilot was a critical success, proving their process can be scaled effectively, improving yields, and reducing production costs. As Chavoshi noted, the Shift Impact Grant will help them "move that work beyond the lab and get a practical, compostable solution closer to the farmers who need it."
Catalytic Capital and the New Corporate Conscience
For an early-stage deep tech company like PhyCo, a $25,000 grant might seem small, but its true value lies in its nature: it is unrestricted. This 'catalytic capital' gives founders the flexibility to deploy funds where they are most needed—whether for a crucial piece of lab equipment, a key hire, or expanding community partnerships. It’s a vote of confidence that empowers innovators to navigate the unpredictable path to commercialization.
This is precisely the philosophy behind the Shift Impact Grant. "Ranah and Stacey are tackling a massive environmental problem that most of us never see," said Neil Henderson, CEO of Shift. "The Shift Impact Grant is designed to give founders the flexibility to put funding where it can make the greatest difference." This approach reflects a broader trend where corporate social responsibility is moving beyond performative gestures and toward genuine, strategic investment in solutions that align with a company's core values.
Shift’s own identity reinforces this narrative. As a Certified B Corp, the company is legally required to consider the impact of its decisions on workers, customers, suppliers, community, and the environment. Its browser features a built-in "Carbon Meter," allowing users to track and offset the environmental footprint of their browsing. By funding PhyCo, Shift is extending its mission from the digital world to the physical one, demonstrating a holistic vision for sustainability.
The potential for this model is not just theoretical. The inaugural recipient of the grant, FireSwarm Solutions, has seen remarkable progress. The company, which develops autonomous drones for fighting wildfires, has since been selected for NATO's prestigious DIANA 2026 Challenge Programme and recognized as a leading Canadian climate tech company. This track record validates the grant as an effective incubator for high-impact technology, turning a modest investment into a significant catalyst for growth and recognition. For PhyCo, this new funding is more than just money; it's a strategic endorsement that connects them to a growing ecosystem of companies building a more resilient and responsible economic future.
Topics & Related
Circular Economy
Biotechnology
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