INNOVATION 46 Alternative Proteins Magazine October 2024 As the world’s food supply faces increasing threats from political and climate instabilities, a secure supply of proteins as feed for animal production is no different. NoMy is leading the charge to address critical supply chain resilience for the animal feed industry with sustainable, mycelium-based protein alternatives. By tapping into the incredible potential of fungi, the company is offering an environmentally friendly solution to traditional feed ingredients that meet the industry’s requirements for competitive price, nutritional performance and volume. HARNESSING NATURE’S POWER: THE SCIENCE BEHIND MYCELIUM Mycelium, the intricate root-like network of fungi, is being recognized for its vast potential across multiple industries, including animal nutrition. NoMy’s approach has three distinct advantages as a source for cost-competitive, high quality and largescale supply of proteins for the future. First, mycelium is the body form of many fungi such as molds and mushroom strains involved in breaking down organic matter and converting it into essential nutrients. NoMy leverages the natural ability of its fungal strains as recyclers and upcyclers of nutrients to develop sustainable feed solutions that help reduce the burden on traditional protein resources. By combining fermentation technologies, advanced sensors, and AI/ML, NoMy transforms food residues and sidestreams (before they become waste) into a growth medium used to cultivate high-protein fungal strains as a biomass into nutritious feed ingredients. This is a tried-and-true technology used and scaled in other areas of food production, called biomass fermentation. NoMy’s innovative approach enables feed producers to supplement conventional vegetable and marine proteins, which can be associated with land use change or unsustainable fishery practices. By focusing on raw materials that are underutilized today instead of commodity inputs, the company aims to offer a greener alternative (as the raw materials inputs are essentially “waste”) meanwhile delivering a consistent product at scale without compromising on nutritional quality. Further, mycelium’s rapid growth cycle allows for more efficient production compared to traditional feed crops, ensuring that NoMy can quickly scale up to meet the demands of its partners in the animal nutrition sector. SUSTAINABLE FEED SOLUTIONS FOR A GREENER FUTURE The second advantage lies in NoMy’s fermentation technology’s ability to deliver ingredients at a lower carbon footprint compared to peers. The environmental impact of the animal feed industry is signifNorwegian Mycelium (NoMy): PIONEERING MYCELIUM INNOVATION IN SUSTAINABLE ANIMAL FEED Erik Tveteraas Chief Financial Officer NoMy
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