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DateInvestorsAmountRound
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N/A

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Seed
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$150k

Seed
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$99.6k

Grant
Total FundingAUD386k

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Biofect Innovations, based in Toronto, specializes in creating animal-derived ingredients through sustainable, animal-free processes. The company harnesses the power of biology to design microorganisms and utilize fermentation, similar to brewing beer, to convert sugars into valuable animal ingredient products. This innovative approach not only replicates the quality of traditional animal-derived ingredients but also eliminates the need for animal slaughter, thereby reducing animal suffering and supporting global efforts to decrease reliance on animal livestock. Biofect Innovations primarily serves industries that require animal-derived ingredients, such as food, cosmetics, and pharmaceuticals. Operating in the biotechnology market, the company's business model focuses on selling these sustainable ingredients to manufacturers and producers within these sectors. Revenue is generated through the sale of these ingredients, which are marketed as both ethical and environmentally friendly alternatives to traditional animal-derived products.

Keywords: biotechnology, fermentation, animal-free, sustainable, ingredients, animal welfare, food industry, cosmetics, pharmaceuticals, ethical.