SEA valuation vs comps

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    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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