NovoNutrients is a company.
NovoNutrients has raised $18.0M across 1 funding round.
Key people at NovoNutrients.
NovoNutrients has raised $18.0M in total across 1 funding round.
NovoNutrients is a biotechnology company that develops a proprietary gas fermentation platform to convert industrial CO₂ emissions and hydrogen from clean energy into high-quality, sustainable protein ingredients called Novotein™.[1][2][5] Serving aquaculture, pet food, and human nutrition markets, it solves the dual challenges of global protein shortages and climate change by providing a scalable, land- and water-efficient alternative to traditional sources like fish meal, with protein quality comparable to beef and potentially carbon-negative production.[1][4][5] The company, founded in 2017 with around 14 employees and over $23M in funding including an $18M Series A, has pivoted from aquafeeds to broader protein applications while securing partnerships like Woodside Energy and Skretting for commercialization.[1][3][5]
NovoNutrients was founded in 2017 in Silicon Valley by Brian Sefton (CTO), Bahare Howard, and Russell Howard, a team of four commercially-minded PhD technologists focused on biotechnology.[1][3] The idea emerged from the need to address rising CO₂ emissions and unsustainable protein production, particularly in aquaculture reliant on scarce fish meal; they pioneered gas fermentation using naturally occurring, non-GMO microbes to turn waste CO₂ and hydrogen into protein-rich biomass up to 1,000 times more productive per acre than agriculture.[1][3][6] Early traction included selection by Chevron Technology Ventures in 2019, a $3M deal with Woodside Energy for a pilot plant, and IndieBio acceleration, building toward scale-up amid energy price surges enabling alternative proteins.[3][6]
NovoNutrients rides the alternative proteins and carbon capture and utilization (CCU) trends, capitalizing on surging demand for sustainable feeds amid aquaculture growth and climate goals.[2][5] Timing aligns with high energy prices boosting hydrogen economics, industrial decarbonization mandates, and protein shortages from overfished stocks, positioning CCU as a bridge from emissions to valuable products like jet fuel or feeds.[3][5] It influences the ecosystem by proving scalable biotech for hard-to-abate sectors (e.g., cement, energy), inspiring similar CO₂-to-protein ventures, and partnering with majors like Woodside to integrate CCU into supply chains, potentially revolutionizing food production's environmental footprint.[1][6]
NovoNutrients is primed for commercial scale-up via pilot plants and partnerships, targeting expanded Novotein™ rollout in aquaculture, pet, and human markets with new TDAs in energy/nutrition.[5][6] Trends like AI-optimized workflows, rising clean hydrogen supply, and regulatory carbon incentives will propel growth, though hydrogen costs and regulatory approvals for novel feeds remain hurdles.[2][3] Its influence may evolve from niche innovator to ecosystem shaper, driving CCU adoption and sustainable protein at scale—transforming yesterday's emissions into tomorrow's food staples, as its mission to feed the planet while cooling it gains momentum.[1][5]
Key people at NovoNutrients.
NovoNutrients has raised $18.0M in total across 1 funding round.
NovoNutrients's investors include Astanor Ventures, Seaside Ventures, SOSV.
NovoNutrients has raised $18.0M across 1 funding round. Most recently, it raised $18.0M Series A in July 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2024 | $18.0M Series A | Astanor Ventures, Seaside Ventures, SOSV |
