It's official: our first close of Series A is in the books at $18M, courtesy of our co-leads Woodside Energy and CM Venture Capital, along with several others. It took a lot of hard work and dedication to get here, but we've still got miles to go. Thanks to the entire team for all your tireless efforts. Onward and upward! https://lnkd.in/eq6zTwvp
NovoNutrients
Biotechnology Research
Sunnyvale, California 3,886 followers
NovoNutrients: transforming industrial waste carbon dioxide emissions into alternative protein food and feed ingredients
About us
NovoNutrients is a fundamentally new way to make the building blocks of food, using natural microbes to break down molecules and reassemble them into lowest-cost feed and food ingredients. The process's key inputs are hydrogen and carbon dioxide. Those untreated, waste emissions of CO2 can come from industrial production of cement, ethanol, pulp, paper, fuels, or many other products. Gasification, SMR, and electrolysis (of water) all produce hydrogen. The latter means our tech will be a conduit from generating clean power to storing food energy. Advantaged in cost, quality, and sustainability, we’ll initially disrupt the aquaculture portions of two large feed ingredient markets: additives and “fishmeal”, the protein feed ingredient made from fish (soon $40B and $12B, respectively). Our initial market focus is protein for seafood farming, but the company is also starting to put similar resources into developing products to accelerate a global transition away from all conventional meat and fish. [Oakbio, Inc. doing business as NovoNutrients]
- Website
-
http://novonutrients.com
External link for NovoNutrients
- Industry
- Biotechnology Research
- Company size
- 2-10 employees
- Headquarters
- Sunnyvale, California
- Type
- Privately Held
- Founded
- 2017
- Specialties
- industrial biotech, carbontech, foodtech, agtech, feed, additives, and aquaculture
Locations
-
Primary
265 Sobrante Way
Sunnyvale, California 94086, US
Employees at NovoNutrients
-
David Tze
CEO, NovoNutrients: capture megatons of carbon and cleanly feed the world. We’re fermenting carbon dioxide emissions and hydrogen into microbial…
-
Brian Sefton
CEO Sirius BIotechnology. AI/ML enabled bioengineering and bioprocess optimization.
-
Nobu Kumagai
Founding Managing Partner, Wildcard Incubator/editorial contributor - CNET Japan, NewsPicks, Forbes Japan/*Co-Founder at a stealthy food startup
-
Lori Mattern
Office Administrator of NovoNutrients, the food and feed from CO2™ company transforming industrial waste carbon dioxide emissions into alternative…
Updates
-
(includes mention of our $18M Series A first close earlier this week) by Tim De Chant | TechCrunch | https://lnkd.in/gUC4JWQ3
Exclusive: NovoNutrients tweaks its bugs to turn CO2 into protein for people and pets | TechCrunch
https://techcrunch.com
-
Grateful to be selected by addlight Inc. to take part in the SUITz Tokyo accelerator alongside some stellar participants. Japan represents a great opportunity for innovation in both #carboncapture and #alternativeprotein, and we're excited to learn how we can implement our solutions in Tokyo and beyond! #ccu #altprotein #cleantech #fermentation
SUITz Tokyo, a Climate Tech incubator, has embraced 15 startups from abroad and 10 ventures from Japan into its acceleration initiative. All participants will explore avenues for co-creating new business ventures, engage in pitch and reverse pitch events, connect with corporates and venture capital, and participate in industry webinars and other activities. The SUITz Tokyo Inbound Acceleration Program caters to Climate Tech startups from overseas aiming to expand their presence in Tokyo. Details regarding the first round of the program, including the selection of 15 foreign startups, can be found at: URL: https://lnkd.in/dD46bX6f Conversely, the SUITz Tokyo Outbound Acceleration Program is tailored for Tokyo-based Climate Tech startups seeking opportunities to collaborate with global VC firms specialized in the Climate Tech sector and receive support for their fundraising endeavors. Further information on the first round of the program, featuring 10 Japanese startups, is available at: URL: https://lnkd.in/dgeVcZwD For more on the 10 Japanese startups that are part of the SUITz Tokyo Outbound Acceleration Program (in no particular order): Alchemist Material Inc. (Japan) Degas Ltd (Japan) Green Chemical Inc (Japan) OOYOO Ltd. (Japan) SORA Technology Co. Ltd (Japan) CULTA Inc. Inc (Japan) finbest Inc (Japan) Nextcarbon Inc (Japan) PEEL Lab KK (Japan) UNITED SILK Co.,Ltd. (Japan) For more on the 15 overseas-based startups that are part of SUITz Tokyo Inbound Acceleration Program (in no particular order): Terrax (UAE) RedSea (UAE) YY ReGen (Lebanon) MANHAT (UAE) NovoNutrients (USA) Greenment (Portugal) HALO ENERGY LIMITED (Hong Kong) Daphne Technology (Switzerland) SmartHelio — Predictive Solar Software (Switzerland) TwingTec (Switzerland) Ivvest (Saudi Arabia) InterOpera Ptd. Ltd. (Singapore) Dynaes SAS (France) Cecil LLC (Australia) Rexplorer (Estonia) SUITz Tokyo operates as a Climate Tech accelerator under the umbrella of the "Global Innovation with STARTUPS" program, initiated by the Tokyo Metropolitan Government (TMG) in 2022. As part of the TOKYO SUTEAM ("Support to Start Ups") initiative, 50 entities were selected to bolster the startup ecosystem in the metropolis, with addligt Inc. being chosen in 2023 to oversee SUITz Tokyo. addlight Inc. is an innovation consultancy headquartered in Tokyo. We integrate strategy consulting with an extensive network of startup and university connections to foster innovation within local and international corporations. Additionally, we collaborate with foreign startups and accelerators to enable local corporations to gain a competitive edge in Japan. URL: https://lnkd.in/geFhMj8R #climatetech #tokyo #startups #tokyoaccelerator #tokyoincubator #tokyometropolitangovernment #venturecapital #vc #corporateventurecapital #cvc #strategicpartnering #japaninc #japanmarketentry #addlight
SUITz Tokyo Inbound Acceleration Program
tokyo.suitz.jp
-
NovoNutrients reposted this
CEO, NovoNutrients: capture megatons of carbon and cleanly feed the world. We’re fermenting carbon dioxide emissions and hydrogen into microbial, alternative protein ingredients for food and feed.
Join me this Wednesday morning at San Francisco's 4th #Fermentation-Enabled #AlternativeProtein Summit where I'll be chairing the "Winning Investments and Balancing the Cost and Quality of #AlternativeProteins to Unlock Full Market Potential" session. The panel: Tom Shields, AgFunder; Matt Spence, Barclays; Alice Brooks, Khosla Ventures; and Adam Bergman, Citi. They will illuminate the landscape in terms of the intricate dance of securing investment, steering through the current economic turbulence, and charting a viable path towards profitability. We'll also hear from Joshua Nixon (Prime Roots) on cost-effectiveness and product quality, as well as Arpad Csay (GEA Group) on scaling and commercialization strategies crucial to the growth of our sector. I'm happy to bring the NovoNutrients perspective. Learn more and register here:
4th Fermentation-Enabled Alternative Protein Summit | Full Event Guide
fermentation-enabled-proteins.com
-
NovoNutrients reposted this
CEO, NovoNutrients: capture megatons of carbon and cleanly feed the world. We’re fermenting carbon dioxide emissions and hydrogen into microbial, alternative protein ingredients for food and feed.
The New York Times piece by Joe Fassler highlights the struggle of the cultivated meat industry, particularly its failure to achieve affordability in growing animal cells outside of animals. In contrast, microbial cells have evolved to thrive efficiently in contexts more similar to industrial settings. Building on this foundation, companies like mine have harnessed fermentation to produce proteins sustainably and scalably. See also Nature's Fynd, The EVERY Company, and MycoTechnology, Inc. At my company, we produce proteins using healthy microbes grown on clean carbon dioxide emissions. We're a climate tech firm with remarkable alt protein technologies. The future of meat substitutes is microbes that can decouple nutrition from agriculture and fossil fuels. Compared to cultivated meat and most other approaches, our tech can introduce a significant stream of alt protein ingredients sooner, cheaper, more sustainably, and with higher nutritional value – through our unique biomass and precision fermentations. Our volumetric productivity of kilograms per cubic meter per hour is fast. And our inputs do not include expensive and resource intensive sugar, amino acids, or vitamins. As the overhyped cultivated meat industry dims and resets, NovoNutrients' technology is ready for scaling to feed the world sustainably.
Opinion | The Revolution That Died on Its Way to Dinner
https://www.nytimes.com
-
NovoNutrients reposted this
AgTech & Sustainability Strategic Thought Leader with 25+ Years of Investment Banking Experience / LinkedIn Top Voice for Finance
There have been a lot of questions about the viability of alternatives protein as demand for plant-based proteins plateaued over the past few years. However, we are seeing the emergence of a new generation of alternative protein companies, which will be spotlighted during the 4th Fermentation-Enabled Alternative Protein Summit taking place in San Francisco on February 13th, 14th & 15th. If you want to learn more about precision and biomass fermentation, I recommend you attend the Summit, where I will be speaking on the “Crunching the Money: Demonstrating a Path to Profitability to Overcome a Challenging Macroeconomic Environment Across All Stages” investment panel, along with Alice Brooks, Khosla Ventures; Yaqi G., Lever VC; Tom Shields, AgFunder; and Matt Spence, Barclays. The panel will be moderated by David Tze, NovoNutrients Our panel with cover the following topics: · How investors benchmark alternative protein companies when assessing potential investments · Articulating the value proposition of your alternative protein to secure funding through all stages of development using effective techno-economic modeling · Navigating the current macroeconomic climate to achieve the market potential of alternative proteins Fermentation is expected to grow significantly, but companies are pursuing different strategics: · Internal production vs. outsourced production · Ingredients (B-to-B) vs. finished products (B-to-C) It remains to be seen which strategies are more effective and whether these companies will be able to have more success than many of the plant-based protein companies that came before them. https://lnkd.in/gxkDk7nX Brittany Chibe Patrick Westfall Isabella Iglesias-Musachio Irina Gerry Steve Matzke Anne Marie Butler Augusto Desuque Sarah Ham Adam Leman Ph.D. Andrea Schoen Tamir Tuller Aaron M. Schaller, PhD Ranjan Patnaik, PhD Lisa Wetstone Sarah-Marie Cole Debbie Yaver Inja Radman Binita Bhattacharjee Christopher Landowski Yi-Hsuan Chiang Tim Geistlinger Tony Pavel Joshua Nixon Bryan Tracy Paul Shapiro Kesha Stickland 🍄 Ben Berman Aletta Schnitzler Vanessa Castagna Timothy Wannier #alternativeproteins #fermentation #precisionfermentation #foodsecurity #foodtech #food #sustainability #sustainable #sustainableag #climatechange #cleantech #climate #foodindustry #technology #innovation #investment #finance
-
-
The writing is on the wall: alternative #aquafeed ingredients are key to sustainable aquaculture production. Aquafeed.com spoke to NovoNutrients CEO David Tze about upcycling carbon dioxide into fishmeal quality protein without the fish. “Trials in trout conducted demonstrated equivalent rates of growth and survival, as well as superior palatability, which ultimately results in less wasted feed." Plus, additional protection from pathogens and diseases. The benefits of single cell proteins are clear: less waste, higher yields, better sustainability. And not just for aquaculture, but for people and pets as well. #altprotein for all, #carboncapture for the planet! https://lnkd.in/dYidWNRC
Fishmeal and fish oil shortage I: What are the alternatives?
aquafeed.com
-
AGI/LLM, Green-Digital Tech, Alt Materials/Nutrients/Energy/Storage/EV, Multiomics, Longevity/Brain/Preventive Health/Med tech, 5G-A/6G/Satellite/Drones/Sensing, Smart-X, Board, CTO/CDO/CEO, Investor, Tennis/Pickle 4.5+
Helping environment by taking CO2 powered by hydrogen for oil, protein, food security and sustainability. Reducing greenhouse gas by turning manure into biogas followed by turqoised hydrogen to step pass green hydrogen. Turning waste PE plastics into Flash Hydrogen together with carbon-graphene refinery for cement, steel and coating materials with nano zinc/copper particles for antimicrobial properties. PTT is an important partner
-
-
NovoNutrients reposted this
CEO, NovoNutrients: capture megatons of carbon and cleanly feed the world. We’re fermenting carbon dioxide emissions and hydrogen into microbial, alternative protein ingredients for food and feed.
NovoNutrients played a vital role at the recent PTT Global Chemical (GC) Sustainable Living Symposium 2023, highlighting our close relationship with GC. Our exhibition area generated excitement as we showcased our transformative carbon capture and utilization technology, which converts CO2 emissions into sustainable protein ingredients, Novotein™. The interest we received at the symposium reflects the growing recognition of the importance of profitable and scalable #CCU. With over 3,000 attendees, the event brought together global experts from governmental bodies, private enterprises, SMEs, and diverse organizations. Focusing on tangible sustainable action for business growth, the event was organized by GC, a subsidiary of PTT Group, Thailand's state-owned oil and gas company, and a major company in Southeast Asia in its own right, with a presence in over 50 countries.
-
-
Our CEO, David Tze, has joined Unreasonable Impact, a global movement that leverages business as a force for good, in partnership with Barclays. Gathering alongside 14 other ventures for one week, these select entrepreneurs launching their next phase of scaling up carbon capture, nutrition, the energy transition, and more. This is not your run of the mill accelerator: this cohort alone has $285 million in funding and is actively operating in more than 20 countries! https://lnkd.in/gwcZYVd2 Aura Health | Brimstone | Compact Membrane Systems | Minus: A Compound Foods Company | eureciclo | e-Zinc | Frost Methane Labs | Hilab | Keel Labs | NovoNutrients | Proof | Rebellyous Foods | Re-Nuble | unspun™ | VARIANT3D
-