Nutrition Technologies
- 28/11/2023
- Unknown
- $28,000,000
Nutrition Technologies (“NT”) researches, manufactures and supplies sustainable agricultural inputs (animal feed ingredients, biofertilisers and biological agents). NT uses its unique proprietary biotechnology and Black Soldier Fly Larvae (BSFL) rearing process to recycle nutrients from agricultural and food processing by-products. Their insect-based products help feed the growing agriculture and feed industries around the world. These products are suitable for application in pet food, livestock and aquatic feed, and have a range of proven functional benefits which improve yield and quality.
NT's technology uses a combination of beneficial microbes and Black Soldier Fly Larvae through a zero-waste production model. Their insects are reared on fully clean and traceable agro-industrial waste streams. They have developed their own tropical business model which is not only low cost to build and operate, but also uses minimal energy and resources. This means that the company benefits from a very low cost of production, but with the same high standards as any European or North American manufacturers, and is able to pass-on those savings to the customer. The company currently ships industrial volumes of material throughout Asia, EU, US & South America, from their facilities in Malaysia.
Since starting the company in 2015 in Vietnam, the company has expanded and grown and now has their main production plant, laboratory and office at multiple sites in Johor Bahru, Malaysia, with supporting labs and offices in Vietnam and Singapore.
Nutrition Technologies have developed research partnerships with key institutions throughout the region to develop their products and are conducting several feed trials on key consumer species. In their latest funding round in September 2022, their venture round raised US$20m, and secured investments from Bunge, PTT, Sumitomo, INGSI, Mandala Capital, Hera Capital and Openspace Ventures.
- Industry Biotechnology Research
- Website https://www.nutrition-technologies.com/
- LinkedIn https://www.linkedin.com/company/nutrition-technologies-ltd/about/
Related People
Tom BerryFounder
Tom is the Co-Chief Executive Officer and one of the founders of Nutrition Technologies (NT). NT is a biotechnology company pioneering the insect sector. They use microbes and insect larvae to sustainably bioconvert food waste and organic matter into a range of protein, oil and biofertilser products. NT is on a mission to drive a circular economy solution to combat multiple global food security issues. Nutrition Technologies are headquartered in Singapore, with production facilities across Southeast Asia.
Prior to founding Nutrition Technologies, Tom specialised in risk management for the merchant bank, Salamanca Group, particularly overseeing the delivering of projects in frontier markets. Prior to this Tom worked for the United Nations in Freetown, Sierra Leone, and also served in the British Army in Afghanistan as a Captain. Tom has a Master’s degree in International Relations, as well as a Bachelor’s degree in History from Kings College London.