Norwegian-backed startup Full Circle Biotechnology partnered with Thailand-based aquaculture technology startup HydroNeo. The partnership will see Full Circle provide HydroNeo with its insect-based shrimp feed additive, to enable the company to generate new revenue streams and provide an alternative high protein, low carbon feed to the aqua industry.
The partnership sees Full Circle provide HydroNeo with its insect-based shrimp feed, meaning HydroNeo can now provide hundreds of farms with an animal feed that has a carbon footprint that is almost 100 times lower than soy meal, alongside their IoT system that continuously monitors water quality parameters, enhancing the efficacy of shrimp farming and improving its sustainability.
Full Circle is the first company to combine solid-state fermentation with black soldier fly production, generating higher protein yields, less waste water and less energy. The larvae are combined with microbes and agricultural waste to recapture the nutrients and prevent harmful emissions from reaching the atmosphere. The company has created an insect-based animal feed through a patent-pending technology.
HydroNeo specializes in the shrimp industry, offering farmers an IoT system designed to continuously monitor water quality parameters, including DO (dissolved oxygen), pH, and more. The system provides real-time data and sends alerts through smartphone apps to notify users of any adverse conditions. Additionally, it incorporates advanced automation features aimed at reducing energy consumption.
“We are thrilled to be partnering with HydroNeo, to provide them with our unique aquafeed,” said Felix Collins, founder and MD of Full Circle Biotechnology. “This partnership not only generates a new revenue stream for both but enables each company to further innovate, as well as share industry insights and technical knowledge, leading us closer to our goal of reshaping the industry for the better.”
“Shrimp can be among the healthiest and most sustainable protein sources,” said Fabian Reusch, founder and MD of HydroNeo. “Being a farm technology provider with strong and trustful relationships with our customers, we are excited to introduce Full Circle Biotechnology’s innovative and sustainable feed products to them. Together, we can further increase the farm’s profitability while at the same time also animal welfare and sustainability.”
