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§ Private Profile · 29 Claude Street, Fairfield, Hamilton, 3214, New Zealand
Sustainable Protein is a company.
Sustainable Protein has raised $112.0M across 4 funding rounds.
Key people at Sustainable Protein.
Sustainable Protein was founded in 2017 by Bart Nollen (Co-Founder | Board Member).
Sustainable Protein has raised $112.0M in total across 4 funding rounds.
ENOUGH manufactures ABUNDA mycoprotein, a sustainable protein ingredient for the food industry. Utilizing a proprietary zero-waste fermentation process, the company cultivates a fungi strain with natural grain sugars. This yields a versatile, whole protein, rich in essential amino acids and fiber, providing a natural meat-like texture suitable for diverse plant-based alternatives.
Founded in 2015 as 3F BIO, ENOUGH emerged from the University of Strathclyde, co-founded by Jim Laird and Craig Johnston. Laird, a food operations veteran, recognized the critical need for scalable, eco-friendly protein. This insight drove the company to mitigate agriculture's environmental impact through advanced bio-manufacturing.
As a B2B ingredient supplier, ENOUGH partners with manufacturers to integrate sustainable options into consumer products. Its mission, "Make Protein Sustainable," underpins a vision to produce one million tonnes of mycoprotein by 2032. This ambitious goal seeks to profoundly reduce the ecological footprint of global protein supply chains.
Key people at Sustainable Protein.
Sustainable Protein was founded in 2017 by Bart Nollen (Co-Founder | Board Member).
Sustainable Protein has raised $112.0M in total across 4 funding rounds.
Sustainable Protein's investors include Meghan Sharp, Adisseo, Aqua-Spark, Western Technology Investment, Mitsui, Mike Velings, Cargill, Municipal Employee Retirement System of Michigan, Pangaea Ventures, Suan Swee Tan, Walden Riverwood Ventures, Purnesh Seegopaul.
Sustainable Protein has raised $112.0M across 4 funding rounds. Most recently, it raised $39.0M Calysta - Series D in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 10, 2021 | $39M Series D | Meghan Sharp | Adisseo, Aqua Spark, Western Technology Investment | Announced |
| Jun 26, 2019 | $30M Venture Round | Meghan Sharp | — | Announced |
| May 1, 2017 | $40M Series D | Mitsui | Mike Velings, Cargill, Municipal Employee Retirement System OF Michigan, Pangaea Ventures, Suan Swee TAN, Walden Riverwood Ventures | Announced |
| Dec 11, 2013 | $3M Series A | Purnesh Seegopaul | — | Announced |
I need to clarify that "Sustainable Protein" is not a single company—rather, it's a category describing multiple organizations developing protein solutions with reduced environmental impact. However, based on your query structure, I can provide an overview of the sustainable protein sector and highlight key players.
The sustainable protein sector encompasses companies developing alternative protein technologies to address resource constraints in traditional agriculture. These organizations span multiple approaches: fermentation-based protein production (like Calysta), plant-based alternatives (like Greenleaf Foods and PURIS), and portfolio diversification strategies (like Maple Leaf Foods)[1][2][4][5][6].
The sector is driven by a fundamental challenge: 77% of agricultural land is used to produce animal protein, yet demand for protein continues to grow globally[1]. Companies in this space solve this by creating scalable, land-efficient protein ingredients that reduce environmental footprint while maintaining nutritional value. Growth momentum is strong, with investor engagement initiatives like FAIRR's Sustainable Proteins Engagement now involving 23 major food retailers and manufacturers systematically transitioning product portfolios[4].
Sustainable protein companies are catalyzing a fundamental shift in how the food industry approaches protein sourcing. The sector addresses interconnected challenges: water security, energy efficiency, and biodiversity preservation[1]. Major ingredient suppliers like Cargill and ADM have entered the space, acting as ecosystem enablers connecting innovators with supply chain expertise and market access[7].
This represents a transition from niche alternative proteins to mainstream portfolio diversification—what was once a fringe sustainability concern is now recognized as a material business issue for major food manufacturers[4].
The sustainable protein sector will likely consolidate around proven technologies (fermentation and optimized plant-based production) while traditional food companies integrate these ingredients into mainstream products. Success will depend on achieving price parity with conventional protein while scaling production to meet global demand. Companies that combine technological innovation with supply chain partnerships and consumer brand trust will define the next decade of protein production.