Nutreco invests in Proteon Pharmaceuticals

Proteon Pharmaceuticals today announced the completion of its latest investment round, which aims to accelerate commercialisation of its products in aquaculture and livestock farming, as well as to further develop its microbiome platform technology.

The financing round was led by the Polish Development Fund (PFR), Nutreco, and Aqua-Spark. Other investors in the round include Montis Capital and Seventure in addition to a group of angel investors.

As announced in January, Skretting’s collaboration with Proteon Pharmaceuticals is continuing, with the partners aiming to provide functional solutions to tackle health challenges in the aquaculture industry. The companies are co-developing products using bacteriophage technology to support farmers as part of a holistic health strategy.

Rob Koremans, Nutreco CEO says, “This investment underlines Nutreco’s commitment to our purpose of Feeding the Future and to the partnership between Proteon Pharmaceuticals and Nutreco’s aquaculture division Skretting. Our investment is a great next step to deepen this ongoing relationship and to support Proteon in this exciting phase in the company’s development.”

Read more on Nutreco.com

Stories on investments

Proteon phage image
8/9/2021

Nutreco invests in Proteon Pharmaceuticals

Proteon Pharmaceuticals today announced the completion of its latest investment round, which aims to accelerate commercialisation of its products in aquaculture and livestock farming, as well as to further develop its microbiome platform technology.

Read the article
Fish farmer Nigeria
8/8/2021

Skretting to expand footprint in East Africa with latest investment from Nutreco

Nutreco announced earlier this week that it has formed two joint ventures with the largest animal feed producer in East Africa, Kenya-based Unga Group Plc, to meet the growing demand for high-quality protein within the East African region.

Read the article
5/24/2021

Skretting Australia to expand production capacity in Tasmania

Today, Nutreco’s aquaculture division Skretting announces its intention to expand its production capacity through the purchase of Ridley’s extrusion facility in Westbury, Tasmania. This is a continuation of Skretting’s long-term commitment to the Australian and New Zealand aquaculture industries.

Read the article