NovoNutrients
Latest round
- Series A
Last raised
- Jul 2024
Total raised
- $27M
Investors
- 14
About NovoNutrients
NovoNutrients, founded in 2017 and headquartered in Sunnyvale, US, develops fermentation platforms that convert gases into single-cell protein products.NovoNutrients specializes in developing innovative fermentation platforms that utilize proprietary microbes to convert emissions gases, hydrogen, and oxygen into high-quality single-cell protein ingredients for food and feed applications. Their core offerings include a protein product that contains 73% protein with all essential amino acids, suitable for both human consumption and animal feed.S. and Japan indicate that these products have high digestibility and palatability scores, positioning them as viable alternatives in the market.NovoNutrients generates revenue through partnerships and direct sales of its protein products to manufacturers within the food and feed industries. The company’s transaction structure leans towards B2B relationships, collaborating with large-scale producers of emissions gases and securing long-term contracts for the delivery of protein products. The flagship protein ingredients are distinctively positioned in the market due to their high quality, rivaling traditional beef protein and surpassing many plant-based alternatives.NovoNutrients is strategizing future growth by designing new protein products aimed at addressing rising global protein demand. The company plans to expand into markets throughout North America, Europe, and Asia by 2025.
Who invested in NovoNutrients
14 investors across 7 rounds
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Funding rounds
Series A
Jul 8, 2024
Amount
$17M
Investors
Seed
Jul 14, 2021
Amount
$3M
Investors
Seed
May 1, 2021
Amount
Undisclosed
Investors
Seed
Feb 12, 2021
Amount
$6.3M
Investors
Seed
Apr 10, 2019
Amount
Undisclosed
Investors
Seed
Nov 12, 2018
Amount
Undisclosed
Investors
Seed
Jul 7, 2018
Amount
Undisclosed
Investors
Questions about NovoNutrients
Who invested in NovoNutrients?
NovoNutrients has 14 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NovoNutrients raised?
NovoNutrients has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did NovoNutrients last raise money?
NovoNutrients's most recent round on record is a Series A, in Jul 2024.
What does NovoNutrients do?
NovoNutrients, founded in 2017 and headquartered in Sunnyvale, US, develops fermentation platforms that convert gases into single-cell protein products.
Where is NovoNutrients headquartered?
NovoNutrients is headquartered in Sunnyvale, US.
Which VCs invest in companies like NovoNutrients?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at NovoNutrients's stage. Their profiles are linked below.
VCs backing environmental services startups at Series A
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