Swedish startup tackling methane emissions in cattle secures €2m from investors

The Swedish startup is developing a supplement derived from the red algae, Asparagopsis, to reduce methane emissions in cattle. The seaweed is grown in the company’s pilot, land-based system in the coastal city of Lysekil, Sweden. The seaweed is harvested from tanks, freeze-dried, and milled into a fine powder that constitutes the final product, branded as Volta Seafeed.

In February this year, we reported on how a pilotVolta ran on a commercial farm in Sweden indicated that the feed supplement reduced over 80% of methane (CH4) emissions from beef cows.

Following on from that, this summer saw a methane-reduced beef launched in 20 Coop stores in Sweden in a collaboration between Volta Greentech, the supermarket chain, Coop, the Swedish food company, Protos, and the farm, Ejmunds gård, on Gotland. The cows’ feed was enriched with Volta’s algae supplement, added as only 0.6% of the daily feed ration.

The developer said the results showed that methane emissions during the feeding period were reduced by around 80-90%, with the data validated by the independent research institute, RISE.

To accelerate the work of the startup, Axel Johnson’s investment arm Novax, Konsumentföreningen Stockholm, and the Swedish food company Protos have recently joined forces and invested a total of €2m (US$2.08m) in Volta Greentech.

“Our solution for reducing methane emissions from cows is well recognized for its potential to have a rapid, measurable, and positive impact. Doing this on a large scale and fast enough to have a positive effect on the climate is challenging. But it is important that it gets done, and we are happy about the support we have got from the Swedish food industry,”said Fredrik Åkerman, CEO of Volta Greentech.

.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
DRAGONINKHOUSE