Calysta

Calysta was founded in 2012 in Menlo Park, California[2][8] by Josh Silverman,[4] and is led by CEO Alan Shaw, [1][9]

By June 2013, the firm began working with NatureWorks to use methane fermentation to produce lactic acid.[10][11] However, its main technology is based on a similar method developed in the 1980s by Statoil,[12] an unrelated and state-owned energy company in Norway. In 2014, Calysta purchase and further developethe technologyanimal feed.[6] Using the ten-million-dollar total funding from investors including Aqua-Spark,[13] Calysta began a study to determine the viability of a mass production facility.[14]

In January 2016, the firm began building its first production facility in Teesside, England. The center is being developed with a supplemental grant of £2.8 million ($3.7 million) from the UK Government.[15] In early 2016, the firm announced it had raised $30 million in funding led by Cargill, an American agribusiness corporation.[12]

The firm's Teesside facility opened in September 2016.[16] The facility is dedicated to the production of the company's chief product, "FeedKind.:[17] The firm raised an additional $40 million in May 2017 from existing and new investors including Japan's Mitsui & Co. and Singapore's Temasek Holdings.[1][18][19] At the end of 2016, Calysta and Cargill announced that Cargill was building a new facility near Memphis, Tennessee, [20] on a site previously occupied by a Cargill sweetener manufacturing facility.[21][22] The joint-venture facility "NouriTech" broke ground in April 2017 and is expected to employ 160 people and utilize advanced automation.[23][24]

Calysta's processes rely on methanotrophs (specifically Methylococcus capsulatus[6]) which naturally convert methane into methanol by the enzyme, methane monooxygenase.[25] Calysta is concentrated on producing an alternative yet non-genetically modified protein for use in commercial feed.[6][22][26] Protein produced from methane is being offered as a substitute or supplement in the farmed fish industry which conventionally employs fishmeal and fish oil as its source of protein.[13]

Currently, the company's manufacturing facilities use natural gas as their source of methane. In addition to its facilities in Europe, the firm's first manufacturing facility in the United States is due to open by 2019.[1]It is expected to produce an estimated 20,000 metric tons per year when operational[21][23] and 200,000 metric tons per year when at full capacity.[23]

• Official website