Volta Greentech

Overview
News
Livestock Biotech?
Product stageSegments
Minimum Viable Product
?
Biotech-enhanced feed additives
?

Volta Greentech, founded in 2019, develops feed additives that reduce methane emissions from cattle. The company's initial product, Volta Seafeed, was derived from the red algae Asparagopsis and achieved an average 80% reduction in methane emissions when included at 0.6% of feed dry matter in commercial trials. In 2024, Volta Greentech transitioned to a second-generation feed additive called Lome, which offers improved cost-effectiveness and scalability compared to its algae-based predecessor. The company produces its additives at a pilot facility in Lysekil, Sweden, and aims to launch Lome commercially in Europe by 2026, pending regulatory approval. The company has built a comprehensive system for tracking and reporting emission reductions, providing measurable solutions for implementing methane-reducing feed additives effectively.

Key customers and partnerships

In June 2022, Volta Greentech partnered with Coop Sverige and Protos to launch the world's first methane-reduced beef product in selected Coop stores in Sweden. In June 2023, the company expanded its retail presence through a partnership with Hemköp stores in the Stockholm area. Additionally, Volta Greentech collaborated with Orkla for a test production of Felix meatballs using meat from cattle fed with its feed supplement. In March 2024, the company entered into a significant partnership with Protos to supply Lome for up to 1,000 cattle annually over five years, with the meat to be sold under Protos' Smak av Gotland brand. The company also maintains partnerships with Gäsene Mejeri, Dagab, Martin & Servera, and Wapnö Gård.

Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Nanna Svartz Väg 4 Stockholm SWE
Founded year:
2018
Employees:
1-10
IPO status:
Private
Total funding:
USD 4.3 mn
Last Funding:
USD 2.0 mn (Angel; May 2021)
Last valuation:
-
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