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NovoNutrients - About the company
NovoNutrients is an acquired company based in Sunnyvale (United States), founded in 2017 by Brian Sefton 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 122 active competitors, including 30 funded and 6 that have exited. Its top competitors include companies like InnovaFeed, Loopworm and nextProtein.
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.
- Website
- www.novonutrients.com/
- Social
- Email ID
- *****@novonutrients.com
- Phone Number
- +1 **********
- Registered Address
- Sunnyvale, California
Key Metrics
Founded Year
2017
Location
Sunnyvale, United States
Stage
Acquired
Total Funding
$30.2M in 5 rounds
Latest Funding Round
Investors
Ranked
4th among 122 active competitors
Employee Count
6 as on Sep 30, 2026
Exit Details
Acquired by Biosphere (Jun 30, 2026)
Legal entities associated with NovoNutrients
NovoNutrients is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Oakbio Inc CIN: 264686607 , United States, Active | Dec 26, 999 | - | 16 (As on Dec 31, 2024) | - |
NovoNutrients's acquisition details
NovoNutrients got acquired by Biosphere on Jun 30, 2026.
Click here to take a look at NovoNutrients's acquisition in detail
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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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 08, 2024 | 9186966 | Series A | 3878785 | 2151521 | 4640644 | 9307425 |
Apr 18, 2023 | 4695783 | Series A | 2538204 | 8685830 | 8955678 | 9367448 |
Jul 29, 2021 | 1289433 | Series A | 8088936 | 4560889 |
Access funding benchmarks and valuations. Sign up today!View details of NovoNutrients's funding rounds and investors
NovoNutrients' founders and board of directors
Founder? Claim ProfileThe founders of NovoNutrients are Brian Sefton and Russell Howard. David Tze is the CEO of NovoNutrients.
Here are the details of NovoNutrients' key team members:
- Brian Sefton: Co-Founder of NovoNutrients. They serve on the board of 1 company.
- Russell Howard: Chairman of the Board & Founder of NovoNutrients.
- David Tze: CTO & Co-Founder of NovoNutrients and founder of 1 other company.
NovoNutrients' Board of Directors
NovoNutrients's board has 7 active members. Min Zhou, Brian Sefton, Kevin Tidwell, Russell Howard, 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 | 2y 3m | |
agqnmdz | Independent board member | - | Current | 6y 7m |
{tjhgue | Independent board member | - | Current | 2y 4m |
ubgfrcx | Independent board member | - | Current | 3y 6m |
lvzdcky | Independent board member | - | Current | 5y 1m |
gunozvm | Independent board member | - | Current | 9y 6m |
uswgfqm | Independent board member | - | Current | 6y 9m |
View details of NovoNutrients's Founder profiles and Board Members
NovoNutrients' employee count trend
NovoNutrients has 6 employees as of Sep 26. Here is NovoNutrients's employee count trend over the years:
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NovoNutrients's Competitors and alternates
Top competitors of NovoNutrients include InnovaFeed, Loopworm and nextProtein. Here is the list of Top 10 competitors of NovoNutrients, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | InnovaFeed 2015, Evry Courcouronnes (France), Series D | Insect producer for animal and plant nutrition, building a sustainable food system | $538M | 60/100 | |
2nd | Manufacturer of insect based protein products and recombinant protein platforms | $6.65M | 55/100 | ||
3rd | nextProtein 2015, Paris (France), Series B | Sustainable insect protein for animal feed, addressing resource scarcity | $33.3M | 53/100 | |
4th | _1560765723316.png?devicePixelRatio=2&height=30&width=30){kind=logo} NovoNutrients 2017, Sunnyvale (United States), Acquired | Online platform to transform carbon dioxide into seafood farming products | $30.2M | 53/100 | |
5th | Calysta 2011, Menlo Park (United States), Series D | Developer of sustainable protein ingredients for feed and food applications | $172M | 49/100 | |
6th | Manufacturer of precision-engineered smart protein formulations and functional feed solutions for animal health | $6.45M | 47/100 | ||
7th |  GreenGrahi 2021, Delhi (India), Seed | Provider of insect-based products for animal nutrition, plant nutrition, and biomedical | $3.38M | 46/100 | |
8th | Online platform offering insect-based products and proteins for animal feed | $31.1M | 45/100 | ||
9th | Agronutris 2019, Saint-Orens-de-Gameville (France), Series C | Sustainable bioconversion of insects into protein for animal feed and soil | $58.2M | 45/100 | |
10th |  BioFlyTech 2012, Alicante (Spain), Series A | Producer and supplier of insect-based animal feeds | $18.6M | 42/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on NovoNutrients's competitors? Click here to see the top ones
NovoNutrients's Investments and acquisitions
NovoNutrients has made no investments or acquisitions yet.
Reports related to NovoNutrients
Here is the latest report on NovoNutrients's sector:
News related to NovoNutrients
Media has covered NovoNutrients for 1 event in last 1 year.
•
Biosphere Acquires NovoNutrients to Enhance Biomanufacturing PlatformGlobeNewswire•Jun 30, 2026•Biosphere, NovoNutrients
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NovoNutrients, a company that makes proteins from carbon dioxide, raises $28 million, now has its sights set on pet foodFoovo•Jul 21, 2024•NovoNutrients, Woodside Energy, CM Venture, IndieBio and 4 others
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NovoNutrients wants to transform CO2 into proteins for humans and petsTrending Topics•Jul 10, 2024•NovoNutrients, Woodside Energy, CM Venture
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NovoNutrients Raises $18M for Pilot PlantGlobal Village Space•Jul 10, 2024•NovoNutrients, Woodside Energy, CM Venture, TechCrunch+ and 8 others
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NovoNutrients achieves “beef-quality” protein from CO2 instead of cattleBiofuels Digest•May 16, 2022•NovoNutrients, Medallion Labs
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NovoNutrients nets US$4.7M for converting CO2 emissions into protein using microbial fermentationFoodIngredientsFirst•Jul 30, 2021•NovoNutrients, Happiness Capital, E²JDJ, IndieBio and 1 other
•
NovoNutrients Scaling Up with Project Funding Plus $9M in EquityPR Newswire•Jul 29, 2021•NovoNutrients
•
NovoNutrients Joins Chevron Technology Ventures’ Catalyst ProgramBusiness Wire•Nov 13, 2019•NovoNutrients, Chevron
•
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