NEWS 78 FEED & ADDITIVE MAGAZINE January 2023 Adisseo, a worldwide leader in nutritional solutions and additives for animal feed, announced its participation in the new closing round of China’s first Agri-food tech VC Bits x Bites, a venture fund investing in early-stage startups with transformative technologies to address the most critical challenges in the food system in China. This is the final close round of Bits x Bites’ second fund. This investment is part of Adisseo’s strategy which focuses on activities at the forefront of the modern agricultural and livestock revolution: animal health, feed and nutrition and digital technologies serving the livestock industry. Jean-François Rous, Adisseo Executive VP Research & Innovation, stated: “Adisseo is a unique company committed to strategic investments in new disruptive technologies, in order to enrich our portfolio of R&D innovations while respecting a mode of sustainable growth.” Joining this fund is also part of Adisseo’s Open Innovation initiatives to integrate Adisseo in the key innovation ecosystems in the planet, to accelerate the scouting and collaboration with startups developing disruptive technologies in the fields of Precision Livestock Farming (PLF), alternative proteins for feed, carbon footprint reduction technologies applied to our production processes and novel feed additives and services supporting sustainable animal production. “Adisseo has been proactively following the development of disruptive technologies in agriculture, in animal production, and has invested in startups through investment funds like in Europe and Latin America. Another example is Adisseo’s direct involvement in the Calysseo JV whose aim is to implement a novel technology (Single Cell Protein) into the Asian aquaculture market in cooperation with a Californian High-Tech company,” added Guy Harari, Senior Global Director and one of the Adisseo’s representatives in Bits x Bites fund. Read more>> Adisseo invests in VC Bits x Bites, China’s first Agri-food tech BioMar, one of the world's leading companies in high performance fish and shrimp diets, announced the appointment of Andrew Campbell as CEO of AQ1. Founder Ross Dodd stays in an executive role, contributing to the company’s future growth. After a period of extensive growth as the world leading provider of intelligent feeding control systems for shrimp aquaculture, Ross Dodd has decided to hand over the position of CEO of AQ1 to the experienced technology leader Andrew Campbell, who has been directing the AKVA Group’s International operations in the Americas, Austrasia, Mediterranean and UK for the last 20 years. “We are extremely happy that Andrew Campbell has decided to join us to build the future of AQ1. Sustainable aquaculture will be driven by low-impact feed solutions and intelligent feeding technology, enabling efficient farm management. We believe there is huge potential for growth at the intersection between feed and technology, and Andrew brings vast experience to the table”, explains Carlos Diaz CEO BioMar Group. When acquiring AQ1, BioMar announced this investment as the first step into feeding technology, moving towards becoming a true solution provider, and Andrew Campbell will henceforth lead an ambitious strategy for moving beyond feed supply. Read more>> BioMar appoints Andrew Campbell as CEO for AQ1 Andrew Campbell
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