Fledgling UK biotech company Deep Branch has signed a memorandum of understanding with Landsvirkjun, the National Power Company of Iceland, to investigate the feasibility of constructing its first commercial-scale plant in Iceland.

The startup turns industrial carbon emissions into novel protein sources for animal feed.

The plant will be used to gauge the feasibility of scaling up production of its trademarked "Proton" single-cell protein made from clean carbon dioxide and hydrogen.