MicroSynbiotiX wins Nutreco Feed Tech Challenge
24 February 2017
Start-up company MicroSynbiotiX has won the final of the Nutreco Feed Tech Challenge Event. The event took place on 22 and 23 February and consisted of several challenge rounds during which 10 contestants competed.According to the jury report, the innovation of MicroSynbiotiX had the best fit with the challenge profile: a real game changer with high potential, operating in an area where few other companies are active.
MicroSynbiotiX is developing a cost-effective delivery platform for oral vaccines to combat diseases and infections in aquaculture, through a novel method of locking the vaccine in genetically modified microalgae.
Disease outbreaks in aquaculture result in losses worth over 10 billion USD each year, which accounts for over 5% of global production. Currently, vaccination is done manually. This is not only cumbersome and costly, but also impractical, as it requires the fish or shrimp to be of a certain size and maturity. MicroSynbiotiX offers a new and more efficient oral vaccination method.
A ‘money-cannot-buy’ opportunity
Antonio Lamb, Chief Operating Officer and cofounder of MicroSynbiotiX: “We are really thrilled to have won. The on-farm validation trial is a unique opportunity to accelerate our innovation, a real ‘money-cannot-buy’ opportunity. And the interaction and collaboration with Nutreco specialists, the jury members and the other start-ups was a reward in itself. That’s what makes this challenge stand out from other challenges and contests we participated in.”
Linking two worlds
“Although we could select only one winner, there are several other promising start-ups that we are really looking forward to establish a relationship with for future collaboration,” said Viggo Halseth, Nutreco Chief Innovation Officer and one of the jury members.
“The beauty of the Nutreco Feed Tech Challenge is that it builds a bridge between the world of a large corporation like Nutreco, with our global network and market knowledge, and the world of young, creative thinkers that have a completely new look on the challenges of today. Linking these two is a very promising recipe for success.”