August 15, 2019
Indian biotech firm, String Bio is expected to start commercial production of its methane based ‘alternate protein’ by next year. The company’s CEO, Ezhil Subbian told Asian Agribiz that they are scaling up production following positive results from their field trials. The company’s product String Pro is a source of protein for animal feed and is produced by fermenting methane. In June, String Bio raised funds from investors including Ankur Capital, Oil and Natural Gas Corporation Limited, French investor Seventure Partners, Karnataka’s Information and Biotechnology Venture Fund and Srinivasa Hatcheries.