About my Start-up
We are developing a new sustainable plant-based protein outof microalgae.
We have a proprietary strain of microalgae which can grow ina fermentation tank, be fed on various food waste, and could be harvested injust 3 days. Our microalgae has 60% of protein which has high quality essentialamino acids profile, exceeding WHO requirements for protein products.
This can bea sustainable food source due to,
1. Not much land mass is needed. (No deforestation),
2. 90%+ of the water can be recycled.
3. Production cycle is fast, only 3-10 days, versus 45-65days for soy, 1.5 year for beef.
4. The whole system can be setup near metropolitan area tocut down the needs for agriculture and transportation.5.Our microalgae are fed with industrial food.6.More importantly, NO fertilizer, herbicide, antibiotic, or even growth hormonefor the whole process.
Why your idea is a “winner"?:
Nutrition is one of the KEY reasons why plant-based proteins took off in the global market during the last few years. But looking at ALL the plant-based proteins available in the market today, none of them can be called “complete protein”. We hope to change that with our project. Microalgae has ALL the essential amino acids and lots of Vitamin Bs, a true and complete protein.
We have developed several formulations to use our microalgae protein flour to make cheese, milk, and even ice cream. We plan to transfer this knowledge to the food manufacturers we work with so that they can use our protein flour to make products easily.
What is your current or intended business/revenue model?:
We are B2B business model. We plan to 1. Sell our protein concentrateand protein isolate 2. License our technologies to other companies, as the TWOrevenue sources.
Do you have any Patent or IP registered (related to the solution that you are looking for an investment)?:
We have 10 provisional patents filed in the US and EU, 2 design patents on our bioreactors.
Has your technology already been implemented in any field/sector?:
Company has 3 small commercial contracts with Ingredion APAC (Singapore), Sigma Alimentos (Mexico), and Hsin Tung Yang (Taiwan). They are currently using our protein to make food products retail sales.
Which market and customer need(s)/problem(s) is (are) your products(s)/service(s) going to solve?:
Nutrition is one of the KEY reasons why plant-based proteins took off in the global market during the last few years. But looking at ALL the plant-based proteins available in the market today, none of them can be called “complete protein”. We hope to change that with our project. Microalgae has ALL the essential amino acids and lots of Vitamin Bs, a true and complete protein.
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