Nutreco announces its Feed&Food Tech Challenge finalists

NETHERLANDS – Dutch animal nutrition and aquafeed company, Nutreco has announced that it has selected 15 finalists for the Nutreco Feed&Food Tech Challenge (NFTC).

Nutreco Feed&Food Tech Challenge is a competition that acknowledges the best breakthrough innovations within livestock farming, aquaculture and its new category, alternative food proteins.

The competition attracted 122 start-ups from across the globe with propositions on breakthrough innovations to address critical challenges in the feed and food value chain, of which 15 finalists were selected.

Cultured Decadence, a cellular aquaculture startup; Bond Pet Foods, which makes meat proteins derived from animal cells and natural microbes; Fumi Ingredients, makes animal-free food ingredients; Flying Spark, an insect protein manufacturer; and Back of the Yards Algae Sciences were selected for their breakthrough innovations in alternative proteins for food.

Canadian biotechnology company, Glysantis; Swiss probiotic feed supplement startup, TwentyGreen; natural ingredients producer, Michroma; Fishency360, a hardware and software solution for fish welfare; and eniferBio, a fish feed ingredient producer were selected for their breakthrough innovations in aquaculture.

Sustainability tech platform, AgUnity; Poultrix, and tech enabled poultry monitoring solution; Pandonutriton, an animal microbiome company; Nanomik Biotechnology; which has developed food preservation solutions; and Beefanalyser were selected for their innovative solutions in livestock farming.

Nutreco said that the next phase of the competition would involve the finalists joining a three-day final event in The Netherlands, originally planned for May 11-13 2020.

However, due to the exceptional global circumstances presented by Covid-19, this final event was rescheduled to a new date in autumn 2020, which the company said will be communicated in May.

Nutreco said that the final event will offer a dynamic ‘greenhouse and pressure cooker’ environment with a pitching competition and interaction with industry experts, fellow start-ups and an international jury.

“The NFTC provides a unique opportunity for start-ups to progress their breakthrough innovations to the next stage,” Nutreco’s Director of Venturing and NFTC jury member, Joost Matthijssen said.

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“Throughout this competition we want to continue providing support and guidance to help finalists to progress their ideas in a safe way and to do so, we will be providing virtual mentors to help them on their journey.”

Depending on the business concept, the winner will be rewarded with a suitable scientific (on-farm) validation trial, including a validation report, and/or consulting through internal or external experts on topics critical for their business.

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