Sustainable molecule production
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Filling in for Mother Nature. One molecule at a time.
Aplantex has a platform technology to create sustainable, cost-effective plant-based molecules
The Opportunity
Plant active ingredients are found in everyday products that are as ubiquitous as pain relievers and moisturizers. But the process of growing, harvesting, extracting, purifying, and distributing those ingredients is wrought with challenges. From climate events to the environmental and financial costs, industry is seeking secure, and cost-effective ways to source these important functional molecules while keeping the planet healthy.
The Challenge
Aplantex developed a unique platform technology that accelerates and streamlines the process of securing these active ingredients. But with so many potential markets to pursue – from food ingredients to cosmetics – they needed data to help them identify the best one to target first for production.
Industry is already buying these ingredients, but not always from very reliable or stable suppliers. They can’t actually get stable flow or stable prices, and that’s where Aplantex can help.
NPC’s Solution
Aplantex determined that a market study was needed to provide validation for a first market. NPC provided $16,000 toward a market study under their Fast Track To Financing Program. The study helped Aplantex streamline their focus and efforts, and choose a beachhead market. From there, the company has been able to secure further interest from both large multinational clients and investors.
NPC is committed to the creation of natural products that are better for people, animals and the planet. We propel early-stage Canadian innovators with the advice, connections and capital they need to develop and de-risk their solutions quickly and efficiently.
Aplantex
Description:
Sector(s):
Food, Nutrition, Foodtech, Bioequivalents, Cleantech, Greentech, Household, Personal CareFunding Type:
Fast Track to FinancingProvince:
QuebecFunding Amount:
$16,000
Year of Funding:
2023Name:
Patrick Charest