Tech Company Financing Transactions
NovoNutrients Funding Round
NovoNutrients, based in Sunnyvale, scored $18 million from CM Ventures, Woodside Energy and Audacy Ventures.
Transaction Overview
Company Name
Announced On
7/16/2024
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to support its industrial pilot program, team growth, and commercial partnerships.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
1292 Anvilwood Ct.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
NovoNutrients' fermentation platform is powered by patent pending microbes and proprietary bioreactors. The organisms transform emissions, along with hydrogen and oxygen, into complete, safe, natural single cell protein ingredients for food and feed. NovoNutrients' protein quality is on par with beef, and superior to all plant based alternative proteins at greatly reduced costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Tze
Chief Technical Officer
Joachim Ritter
Vice President
Kedar Patel
VP - Engineering
Satish Lakhapatri
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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