USA – Anheuser- Busch InBev (AB InBev) has selected Comet Bio, a manufacturer of healthy and sustainable ingredients that has developed a novel process to extract nutrition from food system waste, to pilot technology on the brewers’ grain.
The company produces healthy ingredients such as Arrabina prebiotic dietary fiber from upcycled crop leftovers. Its technology integrates seamlessly with traditional food production systems, making it a truly sustainable process.
Comet Bio will work jointly with AB InBev through the brewer’s 100+ Accelerator, a program through which AB InBev partners with companies which can deliver breakthrough advancements in sustainability.
“We are excited to partner with AB InBev to pilot their saved grains in our process. AB InBev’s Waste to Wellbeing Challenge aligns perfectly with Comet’s core capability of extracting nutrition from food system waste,” said Richard Troyer, CEO of Comet Bio.
Through the 100+ Accelerator, AB InBev seeks to form partnership that build on its sustainability goals working on six challenges around smart agriculture, water stewardship, circular economy and climate action.
Comet Bio is part selected 17 start-ups who were selected into AB InBev’s second cohort of the 100+ Accelerator program.
The selected companies will receive support, mentors and funds so the company can incubate, experiment and amplify their solutions at scale.
“We received over 1200 submissions from around the globe across all six challenges,” said Maisie Devine, Global Director, Sustainability Investments & Accelerator.
“After a rigorous review, 17 start-ups have been selected to join the second 100+ Accelerator cohort. The future starts by collaborating with visionary companies like Comet Bio.”
Other startups selected into the program include;
- ASARASI; which extracts pure, naturally filtered water from living Maple trees to create the world’s only sustainable and renewable, bottled sparkling water.
- CH Bioforce; which has developed an ethical sustainable and cost-competitive method to replace fossil-based materials and cotton.
- Club Soda; a pioneer of mindful drinking movement and community.
- Conscious Container; which has developed a refillable glass bottle system.
- Ecopackers; Harnesses the power of plants to help existing plastic manufacturers create single use plastics in a 100% eco-friendly and non-toxic way.
- Globelet; Produces trackable, reusable products that can be linked back to their factories to be washed and reused.
- Greenline Africa; Reduces carbon dioxide emissions with green technology.
- Project X; Addresses large waste dumps from tourism industry in the Dominican Republic.
- Gybe; Offers water quality information to businesses and governments.
- MIBA; Turns waste into powder to be used for creating new products.
- Nomo Waste; Creates more efficient recycling solutions.
- OKO; Offers a turnkey crop insurance solution.
- Plataforma Verde; Offers a solid waste management software platform.
- Shianco; Turns rice husks into building materials.
- Upcycled Nutrients; Transforms recovered nutrients to produce enhanced efficiency fertilizers.
- Zoom Agri; Determines quality of agricultural commodities via image processing.
Each start-up will receive up to US$100, 000 and the opportunity for follow-on investment from AB InBev and partners at a demo day later this year.