CH4, who is a competitor to SEA, raise $29m USD in 2023 at a $180m USD val ($276m AUD post money val). https://ch4global.com/2023/08/29/series-b-funding-announcement/
They are about 3 years behind SEA in developing thier product and getting it into feedlot supply chains.
SEA has $12m in annualised sales to feedlots, and has $120m val at $2.
If global investors look at SEA, I think they would look at anything below a val of $276m AUD as an attrative entry point.
Anyone else got any other data points on competitors vals?
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