# Agteria Biotech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/agteria-biotech

- Industry: Biotechnology
- Headquarters: Stockholm, Sweden
- Website: www.agteria.com
- Total disclosed funding: $6.2M
- Latest round: Seed (Feb 2, 2025)
- Investors on record: 4

## About

Based in Stockholm, Sweden, and co-founded by Martin Blomberg (CEO), Tommi Remonen (CTO), and Bjorn Lindh (chairman) in 2023, Agteria Biotech AB operates as a Biotechnology company providing biotechnological solutions for methane emissions control in livestock. In March 2024, the firm raised EUR 1.4 million in pre-seed funding led by investor Norrsken VC, with participation from another investor Mudcake.

The company focuses on reducing methane emissions, a potent greenhouse gas emitted by livestock. Agteria’s feed additive slashes methane emissions by over 70%, offering a significant reduction compared to traditional methods like red seaweed, at a fraction of the cost. This additive, backed by rigorous testing and patented technology, not only benefits the environment but also enhances livestock productivity and well-being.

The company plans to utilize the March 2024 funding to support its research and production.

## Funding rounds

- Seed, Feb 2, 2025, $6.2M — Industrifonden, Norrsken VC, Mudcake, AgriZeroNZ

## Investors

- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Seed
- Norrsken VC (https://capitalatlas.ai/funds/norrsken-vc) — Seed
- Mudcake (https://capitalatlas.ai/funds/mudcake) — Seed
- AgriZeroNZ (https://capitalatlas.ai/funds/agrizeronz) — Seed