Nottingham's NZN secures £5m to tackle harmful fertilisers
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The Week in AgriFoodTech: Fresh funds for Quorn, Mara Renewables, NZN; Barry Callebaut explores plant cell culture
This week mycoprotein pioneer Quorn secured an £18 million ($24 million) cash injection from its Filipino parent company, Provectus Algae netted new funds to scale its seaweed growing platform for livestock methane reduction, and Mara Renewables raised new capital to expand algae-based omega-3 production. Elsewhere, chocolate behemoth Barry Callebaut said it is exploring the potential of cocoa made via plant cell culture, Coca-Cola unveiled plan…
Nottingham's NZN secures £5m to tackle harmful fertilisers
Nottingham-based agtech group NZN – short for NetZeroNitrogen – has secured a $6.6m (£4.8m) seed investment to fuel its mission to reduce reliance on harmful fertilisers. Founded in 2022, NZN is developing a biofertiliser that uses endophytic bacteria to replace the agricultural industry’s reliance on synthetic nitrogen fertilisers, a commonly used product that has been found to both damage soil health and increase greenhouse gas emissions. Not …
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