NEWS 84 FEED & ADDITIVE MAGAZINE November 2024 Canada-based company Bionetix® International introduced its fourth enzyme concentrate, ECP1611™. Available in powder form, this high-efficiency protease enzyme with keratinase activity can be used in a wide range of industries—such as animal feed and agriculture. The company explains that ECP1611™ hydrolyzes both general proteins and keratin-rich substances into smaller molecules, making it ideal for applications that deal with feathers and similar substances. In a world where protein is ubiquitous and microbially sourced enzymes are gaining popularity, Bionetix® points out that ECP1611™ meets an important need for manufacturers and formulators who require a biological catalyst for better products and processes. When used as a feed supplement or additive, ECP1611™ can aid livestock digestion and enhance feed quality by breaking down proteins, according to the company’s claim. Going one step farther, it can be used to manage waste in the food industry by helping convert discarded high-protein materials, such as feathers and other keratin-rich poultry features, into nutrient-rich livestock feeds or organic fertilizers. Read more>> Bionetix introduces its fourth enzyme concentrate A company that offers biosolutions for decarbonization, Algiecel raised DKK 50m (EUR 6.5m) in equity funding, in a round led by West Hill Capital. The company explains that its innovative microalgae-based technology links CO2 utilisation with biology to serve the feed and food industries, creating a more sustainable food system. After the successful inception of its pilot plant in 2022, Algiecel will use these new funds to scale up to a full-size demonstration plant in the EUDP supported CAPCO2 project with Novonesis. Significant commercial interest has already been secured for its high-value microalgae-based biomass and bio-oil, and application trials are currently underway. “We are incredibly proud to have secured this significant capital for our scaling efforts. This funding allows us to take our technology and company to the next level in close collaboration with key partners like Novonesis. Algiecel is set-up to deliver low-carbon ingredients to the food and feed market, answering the demand for sustainable products and helping companies reduce their CO2 emissions,” states Henrik Busch-Larsen, Founder and CEO of Algiecel. From fields to supermarket shelves, the world faces an urgent need to feed a growing population sustainably. We are struggling with climate change and potential crises in our food systems. As these challenges multiply, innovative solutions are more critical than ever, according to the company’s statement. Read more>> Biosolutions start-up raises EUR 6.5m in new equity funding round
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