Inside BENEO’s new pulse plant: pioneering sustainable protein from faba beans
Geltor, the US based bio-design company behind Designer Collagen, recently announced $18.2 million in Series A financing, led by Cultivian Sandbox Ventures. The round includes investment from GELITA, the leading global supplier of collagen proteins, and ADM Ventures, the venture investing arm of global food and feed ingredient provider, Archer Daniels Midland Company – alongside investment from Cavallo Ventures and Box Group.
Geltor has developed a proprietary bio-design platform where high-value proteins can be produced on a global scale. By combining biology, protein optimization, and fermentation, the company is able to produce naturally occurring and previously untapped types of collagen – precisely targeting the ideal protein type, rather than sourcing it from the low-grade availability of animal waste. This process also gives Geltor’s products an advantage over other commercially available animal proteins, since they’re bio-designed for strength, firmness, and flexibility for optimum performance in consumer products.
This latest funding round will allow the company to continue its mission of creating new, category-defining ingredients, expanding its product offering of 100 percent animal and GMO-free proteins. It also takes the company’s raised funding to $23 million to date.