Greentech Innovators identifies needs in the market and collaborates with research communities, innovators and industry to develop solutions for circular bio economy. Our initial focus is on the reuse of organic waste through fermentation. The fermented organic waste will be used as fertilizer for microalgae cultivation in our daughter company AlgaePro AS. The microalgae will be used as a protein and omega 3 rich feed supplement for aquaculture.
We have teamed up with BIR, one of Norway’s major waste management companies, to develop a complete circular economy value chain, where they will source the organic waste. In addition, they represent an important knowledge partner and investor for us.
As of summer 2020 we have secured two recent rounds of equity funding and initial grants from Innovation Norway. Other grant applications are in process. We are currently working with BIR Bedrift AS on a pilot project for developing a fermentation process for organic waste, at their Bergen facility.
Chairman of the Board
Entrepreneurship and Aquaculture