NovFeed

Operating

NovFeed is converting organic waste into a natural, traceable, and safe non-animal protein source for aquaculture feeds.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$1M
disclosed
Last round
$1M
Grant
Rounds
1
since 2018
Investors
1
on record
Employees
2-10

About NovFeed

NovFeed has developed a biotechnological platform where organic waste is converted into a natural, traceable, and safe non-animal protein source for aquaculture feeds. The platform allows to replace the production of unsustainable protein ingredients, like fishmeal and soy protein concentrates that are extensively used in aquaculture feeds globally.

NovFeed funding1 round

NovFeed has raised $1M across 1 disclosed round. The latest is a $1M Grant announced 01 May 2023, led by Milken-Motsepe Innovation Prize Program.

Who has invested in NovFeed

AnnouncedRoundLead · investorsAmount
01 May 2023NovFeed GrantMilken-Motsepe Innovation Prize Program$1M

NovFeed founders & team

Full team →

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Frequently asked about NovFeed

Where is NovFeed based and when was it founded?
NovFeed is headquartered in Dar Es Salaam, Tanzania and was founded in 2018.
Who founded NovFeed?
NovFeed was founded by Otaigo Elisha (Founder & COO), Diana Orembe (Co-Founder & CEO), Diana Orembe (Co-Founder & CEO) and Otaigo Elisha (Founder & COO).
Who is the CEO of NovFeed?
Diana Orembe is NovFeed's Co-Founder & CEO.
How much funding has NovFeed raised?
NovFeed has raised $1M across 1 disclosed round. Its latest, a $1M Grant, was announced on May 01, 2023.
Who has invested in NovFeed?
Backers include Milken-Motsepe Innovation Prize Program.
What sector is NovFeed in?
NovFeed operates in Biotechnology, AgTech and Waste management.