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NovFeed logo — Science.Future.Feed

NovFeed

Science.Future.Feed

Founded 2018 Tanzania Tanzania 6 employees Grant Total: $1.00M Biotechnology, Nutrition +1

General Information

Company Name NovFeed
Founded Year 2018
Location Tanzania Tanzania
Employees 6
Industries Biotechnology, Nutrition, Sustainability
Funding Stage Grant
Social

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About NovFeed

NovFeed is a biotechnology startup founded in 2020, with its headquarters in Tanzania. The company's slogan "Science.Future.Feed" embodies its mission to revolutionize the aquaculture industry. NovFeed's biotechnological platform ingeniously converts organic waste into a natural, traceable, and safe non-animal protein source for aquaculture feeds. This innovation addresses the pressing issue of unsustainable protein ingredients in aquaculture feeds, such as fishmeal and soy protein concentrates. In its latest funding round on 01 May 2023, NovFeed secured a significant $1.00M grant investment from the Milken-Motsepe Innovation Prize Program and the Motsepe Foundation. This backing not only validates the potential of NovFeed's technology but also accelerates its efforts to disrupt the nutrition industry. With its pioneering approach and impactful solutions, NovFeed is poised to make a lasting mark in the biotechnology and nutrition sectors.

Business keywords: organic waste, protein source, aquaculture feeds, traceability, innovation, food technology, sustainable agriculture, environmental, natural products

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $1.00M 2
Motsepe Foundation
Motsepe Foundation, Milken-Motsepe Innovation Prize Program
01 May 2023

NovFeed Alternatives & Competitors

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NovFeed vs
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FAQ About NovFeed

Science.Future.Feed
NovFeed was founded in 2018.
NovFeed is headquartered in Tanzania.
NovFeed operates in Biotechnology, Nutrition and Sustainability. Its work centres on organic waste, protein source, aquaculture feeds and traceability.
NovFeed has approximately 6 employees.
NovFeed has completed 1 funding round, raising a total of $1.00M. The latest funding stage is Grant.
Top alternatives and competitors to NovFeed include Air Protein, Life Origin, AgriProtein, Atlantic Fish Co, MeliBio. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NovFeed and Air Protein are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NovFeed, https://bouncewatch.com/company/novfeed, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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