Food from CO2

Arkeon Biotechnologies, a Viennese startup, uses gas fermentation technology to convert CO2 into food products

25-Mar-2022 - Austria

Vienna-based startup Arkeon Biotechnologies has closed its seed funding in an oversubscribed investment round of more than $7 million. Arkeon is the world's first company to use gas fermentation technology from archaea, a microorganism with unique properties, for food applications. The proprietary technology produces all 20 amino acids for human nutrition in a single production step.

Arkeon Biotechnologies

The founders of Arkeon Biotechnologies

Aiming to create a sustainable, nutritious yet ethical food system, Arkeon uses highly efficient microorganisms - archaea - to produce functional and individualized proteins. In doing so, the technology works independently of agricultural land. Both the current scarcity of resources and the geographic limitations and use of animals in agriculture can thus be overcome.

Leading investors from the food and climate sectors, including Synthesis Capital, ReGen Ventures and Square One Foods, participated in the investment round. The secured funding will now be used to expand production, process engineering and product development.

Arkeon's founding was supported by Berlin-based company builder EVIG, which specializes in working with scientists:in building biotechnology startups in the food sector.

"We are proud to work with experienced investors who strongly believe in our vision to produce the next generation of proteins from CO2," explains Dr. Gregor Tegl, co-founder and CEO of Arkeon Biotechnologies.

Arkeon's products are 100% vegan, GMO-free and can be used as clean label ingredients for plant-based foods, nutritional products, beverages, cell culture media for cultured meat and more.

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

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