# Nutrition Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nutrition-technologies

- Industry: Agribusiness
- Headquarters: Singapore, Singapore
- Website: www.nutrition-technologies.com
- Total disclosed funding: $31M
- Latest round: Series A (Sep 19, 2022)
- Investors on record: 12

## About

Based in Malaysia, and founded in 2015, NTG Holdings Pte. Ltd. doing business as Nutrition Technologies operates as a manufacturer and distributor of sustainable proteins for the aquaculture, agriculture, and animal feed industries. The company was Co-founded by its Co-CEOs Tom Berry and Nick Piggott. In June 2023, NTG HOLDINGS PTE. LTD. raised venture funding led by Bunge Ventures.

The company manufactures products which are made from Black Soldier Fly Larvae. The insect product offered by the firm includes Hi protein which enhances animal health and performance, and Hi Frass which is an organic fertilizer that helps in enhancing soil quality. The firm also offers Hi Oil which is an oil with a fatty acid profile, and it is consumed by monogastric species including dogs, cats, poultry, and swine, Diptia is fermented and enhanced with anti-fungal microbes and added chitin to improve the plant's natural defenses against pathogenic microbes.

The company plans to use the June 2023 funding to expand its tropical bioconversion system.

## Funding rounds

- Series A, Sep 19, 2022, $21M — Sumitomo Corporation, ING Wholesale Banking, Hera Capital, Mandala Capital, Openspace Capital, PTT Public Company Limited, SEEDS Capital
- Series A, Oct 9, 2019, $9.5M — Nullabor, Openspace Capital, SEEDS Capital, Neptune Technology, Dotterel Pte Ltd
- Seed, Nov 10, 2017, $0.3M — Alpha Founders Capital, Nullabor, Explora Capital

## Investors

- Alpha Founders Capital (https://capitalatlas.ai/funds/alpha-founders-capital) — Seed
- Nullabor — Seed, Series A
- Explora Capital (https://capitalatlas.ai/funds/explora-capital) — Seed
- Openspace Capital (https://capitalatlas.ai/funds/openspace-capital) — Series A
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series A
- Neptune Technology — Series A
- Dotterel Pte Ltd — Series A
- Sumitomo Corporation — Series A
- ING Wholesale Banking (https://capitalatlas.ai/funds/ing-wholesale-banking) — Series A
- Hera Capital (https://capitalatlas.ai/funds/hera-capital) — Series A
- Mandala Capital (https://capitalatlas.ai/funds/mandala-capital) — Series A
- PTT Public Company Limited — Series A