In California, NovoNutrients, a Silicon Valley-based innovator making protein through carbon capture and utilization, has been selected by Chevron Technology Ventures to join its Catalyst Program. NovoNutrients transforms industrial emissions that are primarily CO₂ into additives and high-performance protein ingredients, initially for fast-growing aquaculture feed markets.
The Catalyst Program is a conduit for maturation of early stage startups that have created emerging technologies with the potential to benefit the energy industry. NovoNutrients is the first biotechnology company to join the program. Innovation support from Catalyst will enable NovoNutrients to progress through key milestones, including piloting its technology in the field and capturing and using carbon dioxide emissions from the energy industry to make nutritious protein for the aquaculture and, eventually, animal feed markets. In addition to the support from Chevron Technology Ventures, the Grantham Environmental Trust’s Neglected Climate Opportunities program has made investments in NovoNutrients to support the development of its technology to advance sustainability objectives in the energy sector.
This articles was originally posted at: https://www.biofuelsdigest.com/bdigest/2019/11/19/novonutrients-joins-chevron-technology-ventures-catalyst-program-making-protein-through-carbon-capture/ on