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NovoNutrients - About the company

NovoNutrients is a series A company based in Sunnyvale (United States), founded in 2017 by Brian Sefton, Bahare Howard and Russell Howard. It operates as an Online platform to transform carbon dioxide into seafood farming products. NovoNutrients has raised $30.2M in funding from investors like Woodside Energy, IndieBio and Happiness Capital. The company has 105 active competitors, including 33 funded and 3 that have exited. Its top competitors include companies like InnovaFeed, GreenGrahi and Enifer.

Company Details

Online platform to transform carbon dioxide into seafood farming products. It leverages microbes and proprietary bioreactors that transform emissions, hydrogen, and oxygen into natural single-cell protein ingredients for food and feed. It also converts carbon dioxide emissions into alternative protein ingredients.
Social
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Email ID
*****@novonutrients.com
Phone Number
+1 **********
Part Of
Registered Address
Sunnyvale, California
Key Metrics
Founded Year
2017
Location
Sunnyvale, United States
Stage
Series A
Total Funding
$30.2M in 5 rounds
Latest Funding Round
Ranked
Employee Count
14 as on Dec 31, 2022
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NovoNutrients's funding and investors

NovoNutrients has raised a total funding of $30.2M over 5 rounds. Its first funding round was on Sep 20, 2018. Its latest funding round was a Series A round on Jul 08, 2024 for $*****. 7 investors participated in its latest round. NovoNutrients has 15 institutional investors.

Here is the list of recent funding rounds of NovoNutrients:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 08, 2024
6140857
Series A
4785590
8726193
7088009
8341800
Apr 18, 2023
6321677
Series A
7557551
7227655
5122763
8047078
Jul 29, 2021
4241540
Series A
4063797
4973751
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NovoNutrients' founders and board of directors

Founder? Claim Profile
The founders of NovoNutrients are Brian Sefton, Bahare Howard and Russell Howard.
Here are the details of NovoNutrients' key team members:

NovoNutrients' Board of Directors

NovoNutrients's board has 7 active members. Min Zhou, Brian Sefton, Russell Howard, Kevin Tidwell, Alex Kopelyan, David Tze and Mila Kyriacou are independent board members.
Here is the list of NovoNutrients' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
1y 7m
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Independent board member
-
Current
1y 4m
quvzmyr
Independent board member
-
Current
6y 7m
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Independent board member
-
Current
9y 9m
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Independent board member
-
Current
7y 3m
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Independent board member
-
Current
9y 2m
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Independent board member
-
Current
9y 9m

NovoNutrients' employee count trend

NovoNutrients has 14 employees as of Dec 22. Here is NovoNutrients's employee count trend over the years:
Employee count trend for NovoNutrients
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NovoNutrients's Competitors and alternates

Top competitors of NovoNutrients include InnovaFeed, GreenGrahi and Enifer. Here is the list of Top 10 competitors of NovoNutrients, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for InnovaFeed
InnovaFeed
2015, Evry Courcouronnes (France), Series D
Insect producer for animal and plant nutrition, building a sustainable food system
$480M
62/100
2nd
Logo for GreenGrahi
GreenGrahi
2021, Delhi (India), Seed
Provider of insect-based products for animal nutrition, plant nutrition, and biomedical
$4.19M
59/100
3rd
Logo for Enifer
Enifer
2019, Espoo (Finland), Series B
Sustainable mycoprotein ingredients for food, aquafeed, and pet food applications
$28.3M
58/100
4th
Logo for nextProtein
nextProtein
2015, Paris (France), Series B
Sustainable insect protein for animal feed, addressing resource scarcity
$33.3M
56/100
5th
Logo for Loopworm
Loopworm
2019, Bengaluru (India), Seed
Manufacturer of insect-derived proteins, oils and biomolecules for nutrition and bioproducts
$6.65M
54/100
6th
Logo for Arkeon
Arkeon
2021, Vienna (Austria), Seed
Developer of protein ingredients through carbon-capture
$13.8M
54/100
7th
Logo for Calysta
Calysta
2011, Menlo Park (United States), Series D
Developer of sustainable protein ingredients for feed and food applications
$172M
53/100
8th
Logo for Deep Branch
Deep Branch
2018, Nottingham (United Kingdom), Series A
Developer of sustainable protein from gas fermentation. This company produces a protein ingredient using a proprietary sugar-free fermentation process. The process utilizes carbon dioxide and hydrogen as inputs, eliminating the need for traditional sugar-based feedstocks and reducing the environmental impact of protein production. The resulting protein is intended for use in animal feed applications. The technology offers a scalable and sustainable alternative to conventional protein sources, addressing concerns related to land use, water consumption, and greenhouse gas emissions.
$9.63M
51/100
9th
Logo for Prairie Aquatech
Prairie Aquatech
2009, Brookings (United States), Series A
Provider of plant protein-based aquaculture feeds
$23M
47/100
10th
Logo for FarmInsect
FarmInsect
2017, Dachau (Germany), Series A
Automated insect breeding solution for farmers for producing animal feed
$13.7M
45/100
12th
Logo for NovoNutrients
NovoNutrients
2017, Sunnyvale (United States), Series A
Online platform to transform carbon dioxide into seafood farming products
$30.2M
43/100
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NovoNutrients's Investments and acquisitions

NovoNutrients has made no investments or acquisitions yet.

Reports related to NovoNutrients

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News related to NovoNutrients

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