Deep Branch, a UK-based carbon dioxide recycling company, secured €8 million ($9.5 million) in its latest investment round to complete its scale-up hub in the Netherlands and produce its first batches of alternative feed ingredients for manufacturers BioMar and AB Agri.
The financing, which was led by Danish asset management firm Novo Holdings and venture capital arm DSM Venturing, also paves the way for a commercial-scale facility, slated for 2023.
