Sustainable microbial protein
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Changing the way we think about protein production.
An ambitious plan to convert methanol into sustainable protein
The Opportunity
The world is demanding more protein even while it is struggling with the impacts of the traditional methods of protein production. With strong links between animal-based proteins and GHG emissions, consumers, industry and governments are seeking solutions to the global hunger for protein and the need to protect our planet.
The Challenge
DeNova has found a unique microorganism that converts methanol into protein. This means that a sustainable source of protein could be produced using inputs that are renewable and de-coupled from the food supply chain. DeNova’s protein cultivation process also requires a fraction of the land and fresh water resources in comparison to conventional agriculture. To scale and optimize the technology and bring a cost-competitive product to market, additional capital investment is needed.
Changing protein production to be one that contributes to the health of the planet rather than taking away from it is a massive challenge. We are one small company trying to do our part. NPC has been one of the best partners we could hope to have on this quest.
NPC’s Solution
NPC provided DeNova with $500,000 through its Investment Fund to help the team address its R&D, technical and commercialization challenges. The impact was an expanded understanding of the key organisms, optimization of production processes, new partners and additional capital to help bring this remarkable technology to market.
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.
DeNova
Description:
Sector(s):
Food, Nutrition, Foodtech, Agriculture, Animal, AgtechFunding Type:
Investment FundProvince:
Nova ScotiaFunding Amount:
$500,000
Year of Funding:
2021Name:
Brianna Stratton