A Halifax biotechnology firm that makes use of greenhouse gases to develop aquaculture fish meals will get a lift at the moment with cash from Canada’s Ocean Supercluster innovation program.
It’s fuelling the corporate’s ambitions to grow to be a worldwide participant on the planet’s fastest-growing meals sector.
DeNova desires to develop microbes in methanol and convert the dried protein into an ingredient in fish feed.
The operation, which is in its early phases, is predicated at a Nationwide Analysis Council laboratory in Halifax, however president Brianna Stratton says the corporate is poised to take the following step.
“It is a world market that we’re keen on,” Stratton stated.
“DeNova’s mission is to actually goal the most important feed producers. Our mission is to create a sustainable shift in the best way that we’re buying and manufacturing feeds and shifting these diets to sustainable substances like DeNova’s protein.”
Capturing methane gasoline
The corporate plans to seize methane from flare gasoline within the oil-and-gas sector in Alberta and convert it on web site into methanol. It should then be transported to a manufacturing facility the place the methanol will feed and develop microbes in bioreactors.
As soon as the micro organism is grown out, it’s dried to a powder that may be added as an ingredient in feed pellets.
The PEI-Walmart connection
DeNova’s protein powder has been added to pellets manufactured on the Middle for Aquaculture Know-how in Souris, P.E.I., the place it has been examined on juvenile Atlantic salmon.
The sprawling facility, with 100 fish tanks, is owned by Cuna del Mar, a U.S.-based fund that invests in open-ocean aquaculture.
The fund is backed by members of the Walton household, founders of the Walmart chain.
Stratton’s father, Robert Orr, manages Cuna Del Mar and is chairman of DeNova.
Later this month, the Middle for Aquaculture Know-how will check DeNova-treated pellets in grownup Atlantic salmon finishing a life-cycle analysis of the fish.
“We had very highly effective outcomes,” stated Stratton. “Actually very wholesome fish throughout all of our check diets and really bioavailable, digestible, pleased fish. So we’re excited and we consider that we’ll [get] the identical outcomes on this trial.”
The corporate’s protein in fish is secure for folks to eat, she stated.
Within the subsequent three-to-five years, the corporate will attempt to take its know-how from the laboratory to industrial manufacturing.
DeNova intends to have prototype manufacturing amenities inside three years and go to market inside 5.
“We actually assume we’ve got one thing particular right here,” Stratton stated. “Nevertheless it’s shifting from, ‘How do you do that at lab scale and the way do you now transfer this to being within the hundreds-of-thousands-of-tonne scale in a a lot bigger and bigger operation?’
“The following three years is basically centered on each know-how platforms and shifting by means of prototypes, shifting by means of numerous pilots and scales and getting to a degree the place we are able to do that … actually cost-effectively.”
The corporate additionally has an workplace in Calgary.
Ocean SuperCluster the newest injection
DeNova shouldn’t be figuring out its personal traders.
Along with the funding to be introduced at the moment, the corporate has obtained public cash from quite a lot of authorities sources tasked with selling new applied sciences.
In April, the Atlantic Canada Alternatives Company loaned the corporate $250,000 to assist develop its prototype to transform emissions into methanol.
In 2020, ACOA lent the agency $500,000. It additionally obtained a $307,000 grant from the Nationwide Analysis Council and and $100,000 from the Nova Scotia Innovation Hub.
In April, it obtained an undisclosed fairness funding from Pure Merchandise Canada, which is federally funded.
Pure Merchandise Canada stated it was a part of DeNova’s most up-to-date financing spherical “which incorporates different prestigious Canadian and worldwide Enterprise Capital and household workplaces who see the exponential alternative on this Canadian know-how.”
Stratton stated it is unlikely the undertaking would have gotten this far with out the assistance.
MORE TOP STORIES