Kuehnle AgroSystems Raises $3M for Sustainable Astaxanthin Production
Summary
This strategic injection of capital is earmarked to propel the commercialization of KASs ground-breaking method for producing natural astaxanthin from microalgae. The process aims to overhaul natural and synthetic astaxanthin production methods, offering a more sustainable alternative.Astaxanthin is a carotenoid known for its antioxidant properties. Over 50% of globally consumed seafood originates from aquaculture systems that rely heavily on synthetic astaxanthin derived from petrochemicals. This sentiment was echoed by Lissy Smit, CEO at Aqua-Spark, an existing backer of KAS, who praised the company for its innovative solutions to the aquaculture industrys core challenges.The funding will facilitate KASs partnership with a European-based production partner, enabling global distribution. KASs process not only offers a more resource-efficient alternative but also holds the promise of creating fully circular algal products by recycling gas generated during fermentation.