Sunnyvale, United States
NovoNutrients is at the forefront of biotechnology innovation, transforming industrial waste carbon dioxide emissions into alternative protein food and feed ingredients. The company leverages natural microbes to reassemble CO2 and hydrogen into cost-effective food building blocks. Founded in 2017 and headquartered in the United States, it strategically targets the aquaculture feed markets, particularly aiming to disrupt the burgeoning $40 billion additives sector and the $12 billion fishmeal market.
With a focus on sustainability and quality, NovoNutrients addresses a crucial need for renewable resources, aligning with global trends toward reducing reliance on conventional meat and fish. Its recent $18.00 million Series A funding round, held on 09 July 2024, attracted notable investors including indiebio, CM Venture Capital, Happiness Capital, Woodside Energy, Jeremy and Hannelore Grantham Environmental Trust, Decarbonization Consortium, and Audacy Ventures, reinforcing investor confidence in this promising venture.
