Breaking News: NovoNutrients Secures Funding to Revolutionize CO2 Conversion Process

Tuesday, 9 July 2024, 20:55

In a groundbreaking move, NovoNutrients has secured $18 million in Series A funding to build a pilot-scale facility and demonstrate the efficiency of its innovative fermentation process. By utilizing bugs, the company aims to convert CO2 into protein suitable for human and pet consumption. The investment signals a significant step towards sustainable protein production and environmental conservation. NovoNutrients is on track to establish itself as a key player in the green technology sector with its pioneering approach to carbon utilization.

TechCrunch — Breaking News: NovoNutrients Secures Funding to Revolutionize CO2 Conversion Process

Breaking News: NovoNutrients Secures Funding to Revolutionize CO₂ Conversion Process

In a groundbreaking move, NovoNutrients has secured $18 million in Series A funding to build a pilot-scale facility and demonstrate the efficiency of its innovative fermentation process.

Key Points:

Investment: $18 million raised in Series A round
Goal: Convert CO₂ into protein for human and pet consumption
Impact: Significant step towards sustainable protein production

The company's utilization of bugs in the conversion process highlights a novel approach towards addressing environmental challenges.

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