A consortium that launched in 2023 has reached the second phase of development for a project that looks to transform captured carbon dioxide into food, tapping a fresh batch of funding worth €21.7m.
The funding will be split evenly over two years between two members of the joint venture: Danish non-profit organisation Novo Nordisk Foundation and the private US-based charity the Gates Foundation.
The consortium consists of universities and private companies that have been working with a new approach to food production that looks to replace sugar in fermentation processes with CO2-derived acetate, also known as vinegar.
It aims to solve a “severe global hunger crisis”, which saw more than 295 million people experience acute levels of hunger in 2024 – an increase of 13.7 million from 2023, according to the UN-established World Food Program.
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