GREENBELT, Md. (NASA PR) — In 2013, a startup company had an idea for using extremophile organisms from volcanic springs to create edible proteins that would serve as an environmentally conscious alternative to meat-based proteins.
Following a handful of small investments from government agencies, including a $124,000 Small Business Technology Transfer (STTR) contract from NASA, Sustainable Bioproducts announced in early 2019 it received $33 million in venture capital financing, including backing from two of the world’s biggest food and agriculture companies.
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