Greentech Innovators
Company Details
- Location
- Bergen, Norway
- Founded
- 2017
- Employees
- 4-10
- Funding
- USD $1M-$5M
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About Greentech Innovators
The problem we're solving:
Problem nr. 1. Food waste is a global environmental problem responsible for 9% of CO2 emission and 11 % of Methane emission from landfills, a 70 times stronger greenhouse gas than CO2. We are wasting one third of the food we produce with a total of 2.5 billion tons annually.
Problem nr 2. There is a global demand for healthy omega-3 oils and protein. Fish oil is the dominating source of omega-3 oils and the production can not increase as fish stocks are over fished.
Our solution:
We are using Biotechnology to convert food waste to growth media for fermentation. This in turn may be used for production of micro algae high in omega-3 oils and protein to be used as aquaculture feed. We are extracting the nutrient in the food waste to a liquid excellent for different fermentation processes.
Our differentiator:
There are four traditional ways of processing food waste:
- Landfills are producing Methane to the atmosphere, a very potent Greenhouse gas
- Incineration returns all the CO2 back to the atmosphere without producing energy.
- Composting is emitting CO2 in the process and producing soil.
- Biogas is producing Methane to produce energy. Our solution is utilizing carbohydrates for fermentation and in next step production of healthy and high quality omega-3 as feed.