NovoNutrients

Sunnyvale, United States Founded: 2017 • Age: 9 yrs Acquired By Biosphere
CO2 emissions are converted into single-cell proteins for aquaculture feed.

About NovoNutrients

NovoNutrients is an Agriculture company based in Sunnyvale (United States) founded in 2017 by Brian Sefton and Russell Howard, and was acquired by Biosphere in June 2026. CO2 emissions are converted into single-cell proteins for aquaculture feed. It operates in the Agriculture and Environment sectors. 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. NovoNutrients offers products and services including Single Cell Protein Ingredients and Carotenoids. Its focus areas include Environment Tech, Air Pollution Management Tech, Carbon Management and Carbon Capture. Its legal entity is OAKBIO INC.

Company details

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.

  • Headquarters Sunnyvale, United States
  • Employees 14
  • Founders Brian Sefton, Russell Howard
  • Stage Acquired
  • Sectors
    Agriculture
    Environment
  • Email
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  • Phone
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  • Website novonutrients.com
  • Social LinkedIn X
  • Acquired by Biosphere (Jun 2026)
  • Legal Name Oakbio Inc
Key Metrics

Products & Services of NovoNutrients

NovoNutrients offers a comprehensive portfolio of products and services, including Single Cell Protein Ingredients and Carotenoids.

Single Cell Protein Ingredients
Protein Production

Fermented proteins from CO2 for sustainable food and feed

Carotenoids
Specialty Additives

Nutritional additives via fermentation for enhanced products

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.

  • Total Funding $30.25M
  • Total Rounds 5
  • Last Round Series A — $18M
  • First Round $250,000

    (Sep 2018)

  • Investors Count 12

All 5 funding rounds of NovoNutrients with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$18MSeries A–Woodside Energy, CM Venture
Apr 2023$3MSeries A–Woodside Energy
–
Jul 2021$9MSeries A–Happiness Capital
Nov 2019Seed–Chevron Technology Ventures
–
Sep 2018$250,000Seed–IndieBio
–
Valuation history

13 investors in total: 13 institutional.

Investors in NovoNutrients

NovoNutrients has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Leland Stanford Junior University, Woodside Energy and E²JDJ.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
cmventure.net
Biotech startups are accelerated through IndieBio's focused programs.
indiebio.coSan Francisco, United States
Early-stage investments are targeted globally by this VC fund.
happinesscapital.comHong Kong, China
audacyventures.com
Early-stage investments are made in food and biotech companies.
purpleorange.comBerlin, Germany
Venture capital fund focused on tech sectors
joyancepartners.comSan Francisco, United States
Seed & early stage multiple stage focused corp VC firm funding companies in the US and Canada
chevron.com/technology/technology-venturesHouston, United States
Oil and gas exploration, drilling, and production services are provided.
1954woodside.comPerth, Australia
granthamfoundation.org
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Investor details for NovoNutrients

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People of NovoNutrients

11 people are tracked at NovoNutrients (3 in leadership, 4 in board & advisors, 4 in team); the tracked headcount is 14.

NameRoleGroup
Brian Sefton
Co-FounderLeadership
Russell Howard
Co-FounderLeadership
Satish Lakhapatri
VP, EngineeringLeadership
Matt Lucas
AdviserBoard & advisors
Thomas Nagy
AdviserBoard & advisors
Mitchell Presser
AdviserBoard & advisors
Heyward Robinson
AdviserBoard & advisors
Bill Coleman
Distinguished ScientistTeam
Arkady Glazman
Senior Research AssociateTeam
Matthew Lankford
Senior Project ManagerTeam
Aruna Varshney
Scientist ITeam
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Timeline of NovoNutrients

4 dated milestones of NovoNutrients across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded NovoNutrients is founded.
  2. Funding First funding round of $250K.
  3. Funding Latest funding round, Series A, of $18.0M.
  4. Exit Acquired by Biosphere.

Top companies in Aquaculture Tech & Equipment

2 companies that operate in the same segment as NovoNutrients (Aquaculture Tech & Equipment) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Protein nutritional feeds for animals are produced via natural fermentation.
2011Menlo Park, California, United StatesUSD 177.22 M21
AI-based software platform for aquaculture monitoring is provided.
2017San Francisco, California, United StatesUSD 48.37 M22
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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. The company's 1st funding round was a Seed of $250K, raised on Sep 2018.

NovoNutrients has 14 employees.

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 offers Single Cell Protein Ingredients and Carotenoids.

NovoNutrients has 13 investors. Key investors include Leland Stanford Junior University, Woodside Energy, E²JDJ, Biosphere, and CM Venture.

NovoNutrients operates through Oakbio Inc.

Yes. NovoNutrients was acquired by Biosphere in June 2026.

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