Air Protein Market Research Report
Company Overview
Name of the Company
Air Protein
Mission of the Company
Air Protein aims to define the future of food production through sustainable, landless agriculture by creating nutrient-dense, affordable food ingredients that are better than carbon neutral. The mission includes unlocking nature's potential by making protein from air, water, and energy.
Founding and Founders
- Founded: 2019
- Founders: Dr. Lisa Dyson and Dr. John Reed
Key People in the Company
- Dr. Lisa Dyson: Founder, CEO & Director. With a PhD in Physics from MIT, she has a background in bioengineering and physics from esteemed institutions such as Stanford University and the University of California.
- Dr. John Reed: Co-Founder and Chief Scientific Advisor. An expert in chemical and biological energy storage and conversion technologies with degrees from MIT and UC Berkeley.
- Board of Directors:
- Joseph A. Grundfest: William A. Franke Professor of Law and Business at Stanford Law School
- Maisie Ganzler: Chief Strategy & Brand Officer at Bon Appétit Management Company
- Ori Sasson: Founding General Partner of Primera Capital
Headquarters
San Leandro, California
Number of Employees
No information is available
Revenue of the Company
No information is available
Company Recognition
- Named among America's Top GreenTech Companies 2024.
- Recognized as ethical and mission-driven with a focus on redefining food production.
Products
Product Offering
Air Protein primarily offers a versatile super protein derived from the air.
High-Level Description
Air Protein develops protein ingredients using AirFermentation™ technology that grows protein by using the basic building blocks of life—air, water, and energy. The resulting product is a more sustainable and efficient way of producing protein, which can be integrated into various food categories like meat, dairy, and baked goods.
Key Features of the Product
- Fast Growth: Air Protein grows exponentially faster in a matter of hours compared to traditional sources like produce (1-2 crops per year) and beef (2 years).
- Nutritious: Contains all 20 amino acids, including the 9 essential ones necessary for human health.
- Sustainability: Requires no agricultural land or water use, therefore minimizing environmental impact.
- Versatility: Can be used in various forms like flavor, color, and functional proteins with neutral flavor, aroma, and color options applicable in a wide array of food applications.
Recent Developments
New Initiatives and Partnerships
- Strategic Partnership with ADM: Air Protein entered into a strategic agreement with ADM to advance development and production of unique, landless proteins.
- DARPA Cornucopia Initiative: Selected for the DARPA initiative aimed at creating nutritious food from basic elements like air, water, and energy, focusing on bringing this innovative technology to military and humanitarian applications.
Technological Advancements
- AirFermentation™ Process: Continuously advancing its proprietary process to produce proteins more efficiently.
- Regulatory Milestone: Air Protein has successfully passed a regulatory review confirming its protein is Generally Recognized As Safe (GRAS), paving the way for wider distribution and use.
Market Recognition
- Unreasonable Food’s Cohort: Air Protein was named in the Mars’ Unreasonable Food cohort for its growth potential and impact on sustainable food systems.
- Funding and Growth: Secured significant investments totaling $107 million, including from ADM, the Ford Foundation, Barclays Sustainable Impact Capital, and others to accelerate its scientific and market expansion endeavors.
Company Goals
- Commercial Scale Plant: Plans to collaborate with ADM for building and operating the world’s first Air Protein commercial-scale plant to meet growing global protein demand sustainably.
- Scope 3 Emissions Targets: Working towards helping industries achieve emissions targets by providing innovative and sustainable food production solutions.
Summary
Air Protein is an innovative biotech company redefining the food production landscape through its pioneering approach to creating protein from air, water, and energy. With its headquarters in California, the company is backed by a strong leadership team and a mission centered on sustainability and affordability. Through strategic partnerships and advanced technology, Air Protein is positioning itself as a solution to meet the future protein demands of a growing population, all while addressing environmental concerns.
