Dutch feed giant Nutreco has acquired a minority stake in microbiome biotech company, BiomEdit.
The move is part of a long-term strategic research and commercial partnership between the two companies aimed at creating feed additives for livestock and aquaculture producers using microbiome technology, the company announced Feb.18.
Nutreco took the minority stake in BiomEdit through the company’s recent series A financing round, initially raised in April 2022 in its carve-out from Elanco Animal Health.
“Through this investment, we are reinforcing the unique collaboration that brings together BiomEdit’s state-of-the-art microbiome discovery platform and Nutreco’s customer access and distribution capabilities," said Nutreco CEO Fulco van Lede.
