About NovoNutrients
NovoNutrients is a company based in Sunnyvale (United States) founded in 2017 by Brian Sefton and Russell Howard. NovoNutrients has raised $30.25 million across 5 funding rounds from investors including Leland Stanford Junior University, Woodside Energy and E²JDJ. The company has 14 employees as of December 31, 2022. NovoNutrients offers products and services including Single Cell Protein Ingredients and Carotenoids. NovoNutrients operates in a competitive market with competitors including Deep Branch, Arkeon, Farmless, Econutri and Trelys, among others.
- Headquarter Sunnyvale, United States
- Employees 14 as on 31 Dec, 2022
- Founders Brian Sefton, Russell Howard
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Sectors
AgricultureEnvironment
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Email
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Phone
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Website
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Social
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- Legal Name Oakbio Inc
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$30.25 M (USD)
in 5 rounds
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Latest Funding Round
$18 M (USD), Series A
Jul 08, 2024
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Investors
Leland Stanford Junior University
& 11 more
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Employee Count
14
as on Dec 31, 2022
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Products & Services of NovoNutrients
NovoNutrients offers a comprehensive portfolio of products and services, including Single Cell Protein Ingredients and Carotenoids.
Fermented proteins from CO2 for sustainable food and feed
Nutritional additives via fermentation for enhanced products
People of NovoNutrients
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Funding Insights of NovoNutrients
NovoNutrients has successfully raised a total of $30.25M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $18 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NovoNutrients
NovoNutrients has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Leland Stanford Junior University, Woodside Energy and E²JDJ.
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Biotech startups are accelerated through IndieBio's focused programs.
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Early-stage investments are targeted globally by this VC fund.
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Investor details for NovoNutrients
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Investments & Acquisitions by NovoNutrients
Investment portfolio details for NovoNutrients
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Financial Statements - NovoNutrients
Detailed financials for NovoNutrients
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Novonutrients Comparisons
Peer comparison for NovoNutrients
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Competitors of NovoNutrients
NovoNutrients operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deep Branch, Arkeon, Farmless, Econutri and Trelys, among others.
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Sustainable protein is produced via gas fermentation for animal feed.
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Protein ingredients are developed through carbon capture technology.
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Developer of fermentation-based novel food ingredients
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Carbon is converted into protein through Econutri's specialized solutions.
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Produces bio animal feed ingredients using methanogen bioconversion technology.
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Detailed competitors of NovoNutrients
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Latest news on Novonutrients
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Frequently Asked Questions about NovoNutrients
NovoNutrients was founded in 2017 and raised its 1st funding round 1 year after it was founded.
NovoNutrients is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
NovoNutrients is a funded company, having raised a total of $30.25M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at NovoNutrients is 14.
NovoNutrients was established in 2017 in Sunnyvale, United States, within the biotechnology sector focused on sustainable proteins. An online platform is maintained to process carbon dioxide emissions, hydrogen, and oxygen through microbes and custom bioreactors. Single-cell protein ingredients are generated for applications in food and animal feed, particularly for seafood production. CO2 is further utilized to create alternative protein options for the industry.
NovoNutrients's top competitors include Arkeon, Deep Branch and Farmless.
NovoNutrients offers Single Cell Protein Ingredients and Carotenoids.
NovoNutrients has 12 investors. Key investors include Leland Stanford Junior University, Woodside Energy, E²JDJ, CM Venture, and IndieBio.